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AMBIT FINVEST INVESTMENT
Sachin Bansal’s Navi in talks to raise $250-300 million from Prosus, Accel USSachin Bansal's Navi Technologies is in talks to raise $250-300 million at a $1.8-2 billion valuation, potentially from Prosus and Accel Gr...- Burman-backed Religare Enterprises announces demerger to unlock shareholder valueReligare Enterprises Ltd (REL), backed by the Burman family, has approved a plan to split its financial services and insurance businesses i...
- Daiwa Securities invests Rs 285 cr in Ambit’s wealth management armThird strategic investment by the Japanese financial group in as many years. Infusion of primary capital will help to launch new products, ...
- Sachin Bansal’s Navi Technologies raises Rs 170 crore via debt roundNavi Technologies, led by Flipkart cofounder Sachin Bansal, raised Rs 170 crore via debt funding, with PhillipCapital contributing Rs 120 c...
- Ambit, Daiwa raise Rs 1,500 crore from Japanese investorsIn 2023, Japan's Daiwa Securities Group acquired a 23% stake in Ambit, the holding company. The Japanese firm subsequently picked up stake ...
- Daiwa Securities to pick up minority stake in Ambit's arm Ambit FinvestLeading financial services company Ambit on Tuesday said Daiwa Securities Group will acquire a minority stake in Ambit Finvest, an NBFC sub...
- How to double your tax saving through ELSS investment without any fresh fundsIf you are short on funds to make an investment in ELSS mutual funds for the current financial year, then this trick can help you save tax....
- Govt may tweak rules for AI firms, LLMs; FY23 financials for Unacademy, MyntraThe amendments, to be notified soon by the IT ministry, could mandate that platforms that use artificially intelligent algorithms or langua...
- Going public: Leadership & innovation made fintech player Veefin’s IPO clickWhile SMEs are growing at a faster pace globally, there is an urgent need to plug the large finance gap for them, as small businesses don’t...
- Tata Sons picks up 43.35% in Tejas Networks, reboots 5G plansTata Sons plans to acquire 63.1% stake Tejas Networks, Bengaluru-based telecom product major, that will help it gain access to crucial tech...
- Loans against shares now a pricier affairInterest rates surge by up to 300 basis points on fear of default and crash in share prices.
- Stocks in the news: Neogen Chemicals, Vedanta, ZEEL, Vakrangee and RBL BankAmbit Capital has maintained sell rating on Bharti Airtel with a target price of Rs 284.
- Ranbaxy to ruins: How the Singh brothers turned from business whizkids to fraud accusedThis is the story of the sorry fall of an empire that had risen from the ground up in the span of a few decades.
- Ambit acquires SME lending arm of FinmaxThe acquisition of an SME-focused lending business, is a significant tailwind to Ambit Finvest’s strategy to diversify its asset base and c...
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