Addi announced the close of its Series D, which totals $85 million in equity financing, in a round led by Citius and co-led by BTG Pactual. The funding marks BTG Pactual's first Growth investment outside Brazil and underscores growing investor confidence in Colombia's financial services market. Participants included GIC, Monashees, and others, deepening commitments from previous rounds.

The company will use the proceeds to continue growing its credit platform, strengthen technology infrastructure, and expand the portfolio of financial products for consumers and merchants across Colombia. Santiago Suárez, CEO and Co-founder of Addi, stated that the company has been profitable for two years and raised the round to accelerate its growth trajectory and bring world-class partners to the table.

Strategic Partnerships and Growth

Citius, a global investment firm and long-term shareholder, led the round. Oleg Gordienko, Co-founder & Partner of Citius, highlighted Addi's role in transforming Colombia's financial and e-commerce landscape. BTG Pactual's Private Capital division co-led the investment through its Growth Strategy. As part of the agreement, Addi and BTG Pactual will collaborate on joint strategic initiatives in the Colombian market.

Gabriela Lima, Private Capital Director at BTG Pactual, compared Colombia's current credit access transformation to Brazil's past experience. She noted that Addi is redefining the credit experience for consumers and merchants through AI deployed at scale.

Recent Milestones

This Series D follows a series of milestones for the company. In April 2026, Addi closed a $150 million structured credit facility led by J.P. Morgan, the first warehouse financing structure the bank has arranged for a company in Colombia. This brought Addi's total debt commitments to more than $680 million. Additionally, the company received authorization from the Superintendencia Financiera de Colombia to operate as a regulated entity, allowing for deposit-taking activities.

Company Overview

Addi serves as a commerce and financial services platform in Colombia with more than 3 million customers and over 39,000 merchants. Founded in 2018, the company is backed by global investors including Andreessen Horowitz, BTG Pactual, GIC, Citius, and Union Square Ventures.

Addi Industries announced that its unlisted material subsidiary, Skyrix Ventures Private Limited, has appointed Mr. Jai Kishan as a Non-Executive Independent Director. The appointment, effective June 30, 2026, was approved by the Board of Directors of Skyrix Ventures at its meeting held on the same day. This move ensures compliance with Regulation 24(1) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, which mandates the appointment of at least one Independent Director from the holding listed entity to the board of an unlisted material subsidiary.

Mr. Jai Kishan has been appointed as an Additional Director initially, holding office until the date of the ensuing General Meeting of Skyrix Ventures Private Limited. Subsequently, subject to the approval of the shareholders, he will serve a term of five consecutive years commencing from June 30, 2026, and ending on June 29, 2031. The company confirmed that Mr. Kishan meets the criteria of independence as prescribed under the provisions of the Companies Act, 2013, and is not debarred from holding the office of director by any SEBI order or other authority.

Director Profile

Mr. Jai Kishan (DIN: 11033609) is a Fellow Company Secretary (FCS) and holds a Master of Commerce (M.Com) degree. He is an accomplished Company Secretary and Trademark Attorney with extensive experience in Company Law, Intellectual Property Rights (IPR), GST, FSSAI, and DGFT matters. His expertise encompasses company formation, statutory compliances, corporate governance, board processes, and legal documentation.

In the domain of IPR, Mr. Kishan advises on trademarks, copyrights, patents, and trade secrets, including filings, portfolio management, infringement matters, and IP due diligence. He is also well-versed in FSSAI regulations, assisting businesses with licensing, food safety compliance, labelling, and packaging requirements. Additionally, his proficiency in GST enables him to provide advisory services on registration, return filing, input tax credit, tax structuring, and dispute resolution.

Appointment Details

The disclosure was submitted to BSE Limited on June 30, 2026, by Sandeep Mittal, Whole-time Director of Addi Industries Limited. Mr. Jai Kishan is not related to any Director on the Board of Skyrix Ventures Private Limited.