Thursday, April 25, 2024
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Separately, the regulator has cleared the acquisition of securities of a newly incorporated entity of Mahindra & Mahindra Ltd by the World Bank Group arm IFC

India Grid Trust has announced that IFC (International Finance Corporation) has subscribed to a listed NCD (non-convertible debenture) issuance of IndiGrid, aggregating to Rs 1,140 crore, according to a statement

The funding will help further TerraPay's global expansion plans, especially across the LATAM and MENA regions, strengthen its existing pay-out network to 150 countries by 2024, support and accelerate its growth and invest in the marketing and adoption of...

Founders Ronnie Screwvala and Mayank Kumar also invested $12.5 million in this round to maintain their over 50 per cent ownership in the edtech

Founders Ronnie Screwvala and Mayank Kumar also invested $12.5 million in this round to maintain their over 50 per cent ownership in the edtech