Acru Overview
- Year Founded
-
2019
- Status
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Acquired/Merged
- Employees
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14
- Latest Deal Type
-
M&A
Acru General Information
Description
Developer of a financial platform designed for micro-investing. The company's platform aids users to open an investment account electronically for investments into mutual fund schemes of the leading asset management companies and also allows them to invest a small amount, enabling users to channel their savings however small into mutual funds of their choice.
Contact Information
Website
www.acru.in(Operating Subsidiary)
Corporate Office
- B-Block, BHIVE Workspace - Number 112
- KR Tech Park A, 7th Mile Hosur Road, Krishna Reddy Industrial Area
- Bengaluru, Karnataka 560068
- India
Corporate Office
- B-Block, BHIVE Workspace - Number 112
- KR Tech Park A, 7th Mile Hosur Road, Krishna Reddy Industrial Area
- Bengaluru, Karnataka 560068
- India
Acru Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 3. Merger/Acquisition | 18-Sep-2024 | Completed | Generating Revenue | |||
| 2. Early Stage VC | 25-Aug-2021 | Completed | Generating Revenue | |||
| 1. Early Stage VC | 23-Mar-2020 | $47.3K | $47.3K | Completed | Generating Revenue |
Acru Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Preference | ||||||||
| Ordinary | ||||||||
| Ordinary | 50,000 | $0.134629 | $0.94 | $0.94 | 1x | $0.94 | 37.04% |
Acru Signals
Acru Former Investors (1)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| July Ventures | Venture Capital | Minority |
Acru FAQs
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When was Acru founded?
Acru was founded in 2019.
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Where is Acru headquartered?
Acru is headquartered in Bengaluru, India.
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What is the size of Acru?
Acru has 14 total employees.
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What industry is Acru in?
Acru’s primary industry is Other Financial Services.
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Is Acru a private or public company?
Acru is a Private company.
-
What is Acru’s current revenue?
The current revenue for Acru is .
-
How much funding has Acru raised over time?
Acru has raised $94.4K.
-
Who are Acru’s investors?
July Ventures has invested in Acru.
-
When was Acru acquired?
Acru was acquired on 18-Sep-2024.
-
Who acquired Acru?
Acru was acquired by Borderless (Wilmington).
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