MethodHub Closes Rs 200 Million Pre-IPO Funding with Invicta's Help

Deal News | Jan 21, 2025 | EIN

MethodHub Software Limited, a global technology services provider based in Bangalore, has successfully raised Rs 200 million (approx. $2.3 million) in a pre-IPO funding round through Compulsorily Convertible Preference Shares (CCPS). This funding effort, vital to MethodHub's digital transformation offerings, was facilitated by Invicta Capserv, who played a critical role as financial advisor. With a client base spanning over 30 countries and a workforce of more than 500, MethodHub is already a strong player in the technology sector. This successful fundraising effort highlights investor confidence in MethodHub's business model and growth potential. Invicta Capserv, which provides equity solutions and M&A advisory services, structured and facilitated this transaction, enhancing MethodHub's appeal to global investors.

Sectors

Technology Services
Financial Advisory

Geography

India – MethodHub is headquartered in Bangalore, Karnataka, India, where it operates multiple delivery centers.
USA and Canada – MethodHub services customers in the USA and Canada, highlighting its operational geography beyond India.

Industry

Technology Services – MethodHub is a global technology services provider specializing in cloud services, data and AI services, and more, which positions it within this industry.
Financial Advisory – Invicta Capserv provides comprehensive equity solutions and M&A advisory services, making it part of the financial advisory sector.

Financials

Rs 200 million – The total amount raised by MethodHub in pre-IPO funding through CCPS.
$2.3 million – The approximate equivalent in USD of the Rs 200 million raised.

Participants

Name	Role	Type	Description
MethodHub Software Limited	Target	Company	A Bangalore-based software solutions company focused on providing next-generation business solutions.
Invicta Capserv Limited	Financial Advisor	Company	A company offering comprehensive equity solutions including M&A advisory services, played a pivotal role in MethodHub's pre-IPO fundraise.
R. Sankarakrishnan	Advisory Board Member	Person	Capital market veteran and advisory board member of MethodHub, commented on the successful fundraising.