Predict your next investment

Angel Investor (Individual)

See what CB Insights has to offer

Investments

4

About Krishna Kumar

Krishna Kumar is the Founder and CEO of Simplilearn.

Krishna Kumar Headquarter Location

India

Predict your next investment

The CB Insights tech market intelligence platform analyzes millions of data points on venture capital, startups, patents , partnerships and news mentions to help you see tomorrow's opportunities, today.

Latest Krishna Kumar News

eMudhra IPO Day 2: Total subscription at 66%, retail portion booked 1.27 times

May 23, 2022

eMudhra IPO: The company had done a pre-IPO placement of 1,603,617 equity shares for a cash price of Rs 243.20 per equity share for an aggregate amount of Rs 39 crore to Baring Private Equity India AIF 2, Acacia Banyan Partners, Motilal Oswal Equity Opportunities Fund Series III, Negen Capital Services Private Limited, Value Wise Consultancy Private Limited, Jagadeesan Kumar, and Krishna Kumar. May 23, 2022 / 11:05 AM IST eMudhra IPO, eMudhra India's largest licensed certified authority (CA) in the digital signature certificates space, eMudhra Limited, saw its public issue being booked 66 percent on the second day of subscription. Investors have bid for 74.76 lakh shares against an IPO size of 1.13 crore units. Retail investors booked 1.27 times or 72.94 lakh shares of the portion set aside for them. Non-institutional investors booked 7 percent or 1.82 lakh shares allotted to them, while qualified institutional buyers were yet to subscribe to the issue. Subscription to the eMudhra IPO will close on May 24. The company intends to garner about Rs 413 crore through fresh issue of equity shares aggregating up to Rs 161 crore and an offer-for-sale of 9,835,394 equity shares, aggregating up to Rs 252 crore by the shareholders and promoters. After the issue, the promoter shareholding will decline 18.16 percent and come down to 61.03 percent from 79.19 percent now held by the them in the company. Some 50 percent of the net offer will be reserved for qualified institutional buyers, 35 percent for retail investors, and the remaining 15 percent for non-institutional investors. The company intends to utilise the net proceeds from the fresh issue to pre-pay or repay in part or full the existing loans availed by the company to an extent of Rs 35 crore, while Rs 40.2 crore will be used for funding its working capital requirements. The company intends to purchase equipment and set up data centres across India and overseas, for which it will be using Rs 46.36 crore from the fresh proceeds of the issue. It plans to spend Rs 15 crore on product development, and Rs 15.3 crore on augmenting its business development, sales, marketing and other related costs for future growth and other general corporate purposes. The company will not get any proceeds from the OFS portion, the proceeds of which will entirely go to the promoters. The company had done a pre-IPO placement of 1,603,617 equity shares for a cash price of Rs 243.20 per equity share for an aggregate amount of Rs 39 crore to Baring Private Equity India AIF 2, Acacia Banyan Partners, Motilal Oswal Equity Opportunities Fund Series III, Negen Capital Services Private Limited, Value Wise Consultancy Private Limited, Jagadeesan Kumar, and Krishna Kumar. Disclaimer: The views and investment tips of experts on Moneycontrol.com are their own and not those of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.

Krishna Kumar Investments

4 Investments

Krishna Kumar has made 4 investments. Their latest investment was in HappyCredit as part of their Seed VC on September 9, 2021.

CBI Logo

Krishna Kumar Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

9/22/2021

Seed VC

HappyCredit

$0.67M

Yes

5

8/6/2021

Seed VC

Subscribe to see more

$99M

Subscribe to see more

10

1/12/2021

Seed VC

Subscribe to see more

$99M

Subscribe to see more

10

Angel

Subscribe to see more

Subscribe to see more

10

Date

9/22/2021

8/6/2021

1/12/2021

Round

Seed VC

Seed VC

Seed VC

Angel

Company

HappyCredit

Subscribe to see more

Subscribe to see more

Subscribe to see more

Amount

$0.67M

$99M

$99M

New?

Yes

Subscribe to see more

Subscribe to see more

Subscribe to see more

Co-Investors

Sources

5

10

10

10

Discover the right solution for your team

The CB Insights tech market intelligence platform analyzes millions of data points on vendors, products, partnerships, and patents to help your team find their next technology solution.

Request a demo

CBI websites generally use certain cookies to enable better interactions with our sites and services. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. You can read more about your cookie choices at our privacy policy here. By continuing to use this site you are consenting to these choices.