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Revolt Intellicorp raises ₹150 crore equity investment from RattanIndia
April 28, 2021
Plans to expand presence across 35 cities
Revolt Intellicorp on Wednesday said it has raised ₹150 crore equity investment from RattanIndia Enterprises Limited, through which the company would expand presence across key 35 metro cities.
As part of the deal, RattanIndia Enterprises will hold an equity share in the company, with Rajiv Rattan joining as Non-Executive Chairman of the Board of the company, Revolt said in a statement.
In addition to this, the company will be leveraging AI, to upscale and provide a 100 per cent in-house developed – Made in India, contactless experience for its customers, it said.
RattanIndia Infrastructure Limited is now RattanIndia Enterprises Limited
Posted On: 2021-04-08 05:28:33 (Time Zone: Arizona, USA)
National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) have approved the name change of RattanIndia Infrastructure Limited to RattanIndia Enterprises Limited with new stock symbol of RTNINDIA effective from 7th April 2021.
The company has informed that name has been changed to RattanIndia Enterprises Limited to reflect the new business avatar of the company. The company. has moved away from infrastructure business and is currently focused on new age growth businesses. The NSE and BSE listed RattanIndia Enterprises Limited shall be the Group s flagship company with all new growth businesses to be added under this company.