HCKK Ventures bets big on Software, plans Fund Raise

HCKK Ventures Limited, a BSE listed entity is betting big on its future growth in the software and technology sector. The company has been steadily increasing its focus on software and technology in recent years, and to fuel this growth further, it has plans to raise up to ₹200 crore.

"We believe that the software and technology sector offers significant growth opportunities, and we are well-positioned to capitalize on them," said Aprurv Bhargava, Managing Director of HCKK Ventures.

This fundraise will allow the company to accelerate its growth and become a leading player in this space. "The company will utilize the fund to acquire businesses or companies that operate within the software products domain, particularly those that use the SaaS (Software as a Service) model," added Bhargava.

The capital could be raised through various means, including preferential allotment, rights issue, or private placement mode. The company is currently evaluating all options and will finalise the most suitable one in due course.

Source : Equity Bulls

Keywords

HCKKVentures TechnologySector FutureGrowth Software FundRaising