Indo Thai Securities Limited — Updates, 15-01-2025: Press Release

Indo Thai Securities Ltd has successfully closed a funding round, raising ₹118 crore ($14M), boosting its total fundraising to ₹155 crore ($18M) in the past nine months. The company is now valued at ₹650 crore ($75M), with shares priced at ₹500 each. This financial boost will enhance services for traders, particularly through offerings under the Pay Later (MTF) framework, and aims to improve the firm’s core offerings in advanced trading solutions.

With the Indian stock market intermediary sector rapidly growing, Indo Thai's strategic focus on innovative solutions positions it well to capitalize on market demand. Recently, the firm increased its workforce by 25% and plans to expand its geographical presence with new offices over the next year. Investors should note Indo Thai's commitment to delivering value and its potential for long-term growth in a landscape characterized by rising market participation.