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MarketsandMarkets raises $56 million, divests minority stake

MarketsandMarkets raises $56 million, divests minority stake

Wednesday, March 22, 2017, 7:29 PM

Research and consultancy firm MarketsandMarkets has raised $56 million (about Rs 367 crore) by selling a minority stake to fund its global expansion as it looks to increase its presence in American and European markets. Current round of funding, led by venture capital and private equity firm FTV Capital, was the first institutional capital raised by MarketsandMarkets after the company was started in 2010.
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