The investment will be made via Agarwal's affiliate entity, Redsprig Innovation Partners, and will value the company at around $3.8 billion, sources added. Agarwal had earlier also led Series G funding round in the Softbank-backed company with an investment of ₹830 crores and had bought $100 million worth shares.
Aishwarya Anand is a Correspondent and Assistant Producer at CNBC-TV18. She covers a diverse range of topics, primarily focusing on finance, investment, financial technology, and wellness, while also exploring themes related to startups, AI, and business leaders in India. Aishwarya’s work has been featured in various prominent platforms, showcasing her expertise in the BFSI and real estate sectors.