Silverline Technologies Ltd has received board approval for a strategic investment of ₹800 million from UAE-based Trueledger Technologies FZE. The funds will be raised via equity and convertible securities, giving Trueledger up to 20% stake. This move is expected to strengthen Silverline’s balance sheet and fuel its AI-led growth initiatives.
Silverline Technologies Ltd, a global IT consulting and digital transformation solutions provider, has announced board approval for a strategic investment of ₹800 million from Trueledger Technologies FZE. The deal involves up to 20% equity participation, reflecting a post-money valuation of approximately ₹4 billion.
The investment will be raised through equity shares and convertible securities on a preferential basis. Silverline emphasized that the capital infusion aligns with its AI-driven business strategy and will accelerate growth initiatives across technology consulting, software development, and digital transformation services.
Key Highlights
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Investment Value: ₹800 million approved by the board.
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Investor: Trueledger Technologies FZE (UAE-based).
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Equity Stake: Up to 20% participation.
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Valuation Impact: Post-money valuation estimated at ₹4 billion.
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Fundraising Structure: Equity shares and convertible securities on a preferential basis.
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Strategic Focus: Strengthening balance sheet, scaling AI-led solutions, and fueling expansion.
This investment marks a significant milestone for Silverline Technologies, positioning the company to leverage AI-driven innovation and enhance competitiveness in India’s fast-evolving IT and digital transformation sector.
Sources: The Economic Times, Rediff Moneynews, Goodreturns, ScanX News