Mohalla Tech Private Limited announced that it has issued 4,895 Series I debentures at an issue price of $10,000 per share for the gross proceeds of $48,950,000 led by returning investor Tencent Holdings Limited on March 27, 2024. The transaction also included participation from returning investors Temasek Holdings (Private) Limited,Lightspeed India Partners Advisors LLP,HarbourVest Partners, LLC,Moore Strategic Ventures, LLC,Alkeon Capital Management, LLC