MyCFO gets Rs 6.21 crore funding from Koticha

Financial implementation services firm MyCFO has raised Rs 6.21 crore in Series A round of funding led by Monik Koticha, second generation entrepreneur from founder promoter of financial services firm ASK Group.

Koticha, who has invested in his personal capacity, will hold a significant minority stake in the company. With this fund infusion, MyCFO plans to bring in senior talent, use technology to productise its existing services and expand its geographical reach. The funds will also be used to attract key senior level talent, it added.