{
  "id": 13755360,
  "title": "Kotak Life, investors Mukul Agrawal, Ashish Kacholia acquire shares in Fusion CX ahead of IPO",
  "url": "https://urgent.news/2026/10/11/kotak-life-investors-mukul-agrawal-ashish-kacholia-acquire-shares-in",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-11T16:11:05.000Z",
  "source": {
    "name": "Hindu BusinessLine",
    "slug": "hindu-businessline",
    "url": "https://www.thehindubusinessline.com/markets/kotak-life-investors-mukul-agrawal-ashish-kacholia-acquire-shares-in-fusion-cx-ahead-of-ipo/article71572029.ece"
  },
  "original_language": "en",
  "account": "Investor Mukul Agrawal, backed by Sanshi Fund-I, and investor Ashish Kacholia made secondary-market purchases of Fusion CX shares worth approximately ₹120 crore. Additionally, shareholders P N S Business Private Limited and Rasish Consultants Private Limited sold a total of 41.52 lakh equity shares to the aforementioned investors, representing 3.19 percent of the company's pre-offer equity capital. These secondary transactions took place on October 9, with the shares valued at ₹289 per share, the upper limit of the IPO price range. Fusion CX, founded in 2004 by Pankaj Dhanuka and Kishore Saraogi, specializes in customer experience and AI data infrastructure services for various industries.",
  "summary": "The company has fixed a price band of ₹275-289 per share, valuing the company at approximately ₹4,200 crore at the upper end of the price band",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "The Economic Times - Top News",
        "title": "Ashish Kacholia, Mukul Agrawal, others invest Rs 120 crore in IPO-bound Fusion CX",
        "url": "https://urgent.news/2026/10/11/ashish-kacholia-mukul-agrawal-others-invest-rs-120-crore-in-ipo-bound",
        "published": "2026-10-11T09:03:08.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}