Lytus Technologies Holdings PTV Ltd has completed a new round of financing aimed at strengthening its working capital, supporting global expansion, and aligning leadership interests with long-term performance. The company raised INR 132 crore ($15.4 million) through a private equity issuance.
On July 7, Lytus Technologies completed a private equity placement, issuing 965 million shares under Regulation S and raising INR 132 crore (approximately $15.4 million). The funds were raised directly, without intermediaries, and will be used to support ongoing operations and fuel upcoming expansion plans across key sectors.
The funding round saw participation from institutional investors who align with Lytus’s long-term vision. Their involvement strengthens the company’s investor base and opens the door to potential collaborations and additional financing opportunities in the future. Following the share issuance, Lytus’s total outstanding shares have increased to around 4.945 billion. As a result, the company’s market capitalization now stands at approximately INR 680 crore ($79 million), reflecting a broader capital structure and increased market confidence.
In a move to further align leadership with long-term business objectives, Lytus allocated 3.8 billion restricted shares to the Lytus Trust on July 3. This trust, overseen by CEO Dharmesh Pandya, will administer performance-based share grants to ensure that executive and employee interests are directly tied to the creation of shareholder value.
The proceeds from the capital raise will be directed toward strengthening infrastructure and accelerating the development of AI-based solutions across healthtech, telemedicine, streaming, and cloud services. Funds will also be used to bolster working capital, support global operations, and pursue strategic partnerships, acquisitions, and new market opportunities.
Lytus Technologies is a platform services company focused on emerging technology sectors, including digital streaming, healthtech, fintech, artificial intelligence, and cybersecurity. With operations in India and overseas, the company currently serves more than five million users and is working to expand its presence in key global markets.
