Miri D.I.H Co., Ltd announced that it has received KRW 20 billion in funding from G.N.TECH Venture Capital Co., Ltd., Kiwoom Private Equity, Inc., Industrial Bank of Korea, Shinhan Venture Investment Co, Ltd.
July 11, 2024
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Miri D.I.H Co., Ltd announced that it has received KRW 20 billion in a round of funding on July 12, 2024. The transaction included participation from new investors G.N.TECH Venture Capital Co., Ltd., Kiwoom Private Equity, Inc., Industrial Bank of Korea, and Shinhan Venture Investment Co, Ltd. The transaction was raised at a post-money valuation of KRW 280 billion. The company issued Redeemable Convertible Preferred Shares as security.
Industrial Bank of Korea is a Korea-based company principally engaged in the bank business. The Company operates its business through five segments. The Private Customer segment involves in the provision of services include receiving and providing loans to individual customers, as well as private banking (PB) business. The Corporate Customer segment engages in the in the provision of services such as receiving and providing loans to corporate customers, import and export business. The Financial Market segment is involved in the settlement, management and investment of Korean won and foreign currency. The Investment Banking (IB) segment is involved the overseas business and investment business. The Other segment provides insurance services including life insurance, non-life insurance and third-party insurance.
Miri D.I.H Co., Ltd announced that it has received KRW 20 billion in funding from G.N.TECH Venture Capital Co., Ltd., Kiwoom Private Equity, Inc., Industrial Bank of Korea, Shinhan Venture Investment Co, Ltd.