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ESAF Small Finance Bank was incorporated in 1992, which majorly focuses on providing loans to rural and semi-urban customers, providing financial solutions. ....
The Thrissur-headquartered small finance bank allocated shares worth Rs 20 crore each to ACM Global Fund VCC, Edelweiss Life and Kotak Mahindra Life Insurance Company. Edelweiss Life acquired those shares through its four schemes. ICICI Prudential Life, SBI General Insurance, Founders Collective Fund and Ananta Capital Ventures have put in Rs 11 crore each. ....
Get latest articles and stories on Business at LatestLY. Mumbai (Maharashtra)/ Ahmedabad (Gujarat)/ Prozeal Infra Engineering Pvt. Ltd. has announced their first round of funding led by Chandrakant Gogri s family office arm - Alchemie Ventures. The USD 4 Million (approx. INR 32.5 Crore) investment is for a minority stake at an undisclosed valuation. The funds will be used to scale operations and execute developer-model projects for energy and utility companies. Incorp Advisory was the exclusive investment banker for the transaction, which represents the largest Series-A fundraising transaction in India s Solar EPC space in over 2 years. Business News | Chandrakant Gogri s Family Office Leads a USD 4 Million Series A Investment in Prozeal Infra. ....