Enterprise communication solutions provider ValueFirst Messaging today said it has raised Rs 70 crore for funding its expansion plans.
The funding has been made by a wholly-owned subsidiary of the Headland Asian Ventures Fund 3 and New Enterprise Associates (NEA).
With this round of funding and internal accruals, the company will now have over Rs 100 crore to fund its inorganic expansion plans, ValueFirst said in a statement.
The funds will be utilised to fuel exponential growth through acquisitions in India and overseas, it added.
Equirus Capital was the exclusive advisor to ValueFirst for the transaction.
