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Live news , top stories, corporate news, company news, sector news, economy news, results analysis news, ceo interviews, fund manager interview, advisor interview, market news, bazaar talk, hot stocks news, ipo news, commodities news, mutual fund news, insurance news, news wire
07 May, 2025 09:16 IST
8K Miles approves fund raising up to USD 50 mn
Source: IRIS | 18 Nov, 2020, 05.16PM
Rating: NAN / 5 stars.
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 8KMiles Software Services, a leading global cloud computing company, on Wednesday announced that its board of directors has approved name change of the company from 8K Miles Software Services to SecureKloud Technologies.

Also, Healthcare Triangle Inc (HTI) subsidiary of 8K Miles Software Services approved capital raising up to USD 50 million in HTI through PE Investments / Initial Public Offering (IPO) listing in US Capital markets and / or Other Strategic Investors. In the first tranche, we propose to raise up to USD 25 million, company said.

Shares of the company declined Rs 4.6, or 4.98%, to settle  at  Rs 87.85.  The total volume of shares traded  was  32,437 at  the BSE (Wednesday).



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