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Findi Secures A$72.7m Pre-IPO Boost from Nova Global for Indian IPO Push

10:22am on Thursday 15th of January, 2026 AEDT Financial Services
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Findi Secures A$72.7m Pre-IPO Boost from Nova Global for Indian IPO Push

10:22am on Thursday 15th of January, 2026 AEDT
Key Points
  • Nova Global to invest up to A$72.7 million in Transaction Solutions International (TSI)
  • TSI targets IPO market capitalisation of A$750m to A$900m based on 15x-19x EBITDA multiples
  • Findi’s ownership in TSI to reduce from 86% to approximately 46% post-investment
  • TSI IPO planned on Bombay Stock Exchange by end of FY27
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