Chandigarh: Punjab-based Capital Small Finance Bank (CSFB) has raised Rs 64.66 crore through 14.7 per cent equity sale to ICICI Prudential Life Insurance, HDFC Standard Life Insurance and Pi Ventures LLP. The three companies have acquired a stake of 4.9 per cent each in Capital Small Finance Bank…
Tag: ICICI Prudential Life Insurance.
Non-tech companies acquiring tech start-ups rather than starting a software division from scratch
Harpreet Grover was at a crossroad last year -go it alone or get acquired. His hiring assessment company, CoCubes, which had 600 customers and $2 million in funding from Ojas Ventures, was in acquisition talks with HR consultancy and long-term customer, Aon Hewitt. But a private equity fund was o…
P2P Lenders have Insurance Covered
Bengaluru: MicroGraam, i-lend, LenDenClub and several other peer-to-peer lending platforms are tying up, or considering to do so, with insurance companies to offer cover for borrowers against unforeseen events such as accidents or death that can affect loan repayments. These platforms are partner…