On July 31, 2023, Navoday Enterprises Limited closed the transaction. The company issued 17,200,000 Equity Shares at a price of INR 11 per share for gross proceeds of INR 189,200,000. The transaction included participation from new investors Zylo Enterprises Private limited, Miniboss Consultancy Private Limited, Aarnah Capital Advisors Private Limited, COPO HOLDINGS PRIVATE LIMITED and individual investors Chhaya Anand Rai, Suraj Satyadev Singh, Rishabh Shashikant Nirbhavne, Aarnah Capital Advisors Pvt Ltd., Dev Ganpat Pawar, Anant Chourasia, Purushottam Prakash Bhandiya.

The transaction has been approved by board of directors of the company.