Eight Roads Ventures contributed over 50% of the round, while the remainder came from Elevation Capital and 3one4 Capital. Everstage also announced an Employee Stock Ownership Plan (Esop) buyback worth Rs 5 crore. "We are happy that Eight Roads, given their background as the venture arm of Fidelity, presents a promising opportunity for our future growth initiatives," Siva Rajamani, CEO of the company told ET. Read The Rest at :
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