InCred, a non-banking finance company which began operations in February 2017, has disbursed Rs 100 crore loans to about 1000 customers in less than 100 days. “Bulk of the disbursements have happened in the housing and small business segment which is very encouraging since InCred was set up to pr…
Tag: Ranjan Pai
PharmEasy raises Rs 111 cr in Series-B round
New Delhi: Mumbai-based pharmacy aggregator PharmEasy has closed a $17-million deal (around Rs 111 crore) in a series-B round by three of its existing venture capital investors, said a person aware of the deal. The funding indicates continued interest in the online pharmacy segment despite a repo…
TV Mohandas Pai wants to build an ‘ecosystem’ of funds
TV Mohandas Pai, a prolific angel investor and an outspoken commentator on civic issues, is occupied nowadays with creating an investment empire straddling an assortment of asset classes. Ultimately, Pai, who in his post-Infosys avatar has focused mostly on early-stage investments in technology s…