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Thyrocare founder joins forces with Magnifiq Capital Trust. YEA to back Indian startups

The fund will invest up to ₹50 crore in seed stage startups, targeting companies with ₹5 crore turnover, said A. Velumani. ....

Subhakar Alapati , Holding Ltd , Indian Startups ,

Appu Hotels: Former Thyrocare promoter A Velumani's entity extends Rs 420 crore debt facility to Appu Hotels

Velumani, who had sold his stake in Thyrocare in 2021, provided the loan to Appu Hotels for a term of two years at a coupon of 17%, the people cited earlier told ET. The loan was given by iHeart Properties, a company owned by Velumani. ....

Tamil Nadu , Palani Periaswamy , Le Meridien , Appu Hotels , Appu Hotel , Hotel Le Royal Meridien , Heart Properties , National Company Law Tribunal , Debt Facility ,