திவ்யா சேகல் News Today : Breaking News, Live Updates & Top Stories | Vimarsana
Stay updated with breaking news from திவ்யா சேகல். Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Top News In திவ்யா சேகல் Today - Breaking & Trending Today
Updated Apr 10, 2021 | 06:56 IST In October 2020, True North had conducted the first tranche of its stake sale in the company. It continues to be invested in the company for its next phase of growth Serum Institute, four others pick PolicyBazaar stake New Delhi: Private-equity fund True North on Friday sold part of its holding in India’s largest online insurance aggregator PolicyBazaar to five independent buyers, including vaccine producer Serum Institute of India. Aside from Adar Poonawalla led SII, Ashoka India Equity Investment Trust Plc, Triumph Global Holdings Pte, IIFL Special Opportunities Fund Series 8 and India Acorn Fund are the other four buyers. ....
streetAsia s premium subscription service Unlock your competitive advantage in a rapidly evolving landscape. Our packages come with exclusive access to archive content, data, discount on summit tickets & more. Be a part of our growing community now. SUBSCRIBE NOW Singapore Reporter/s In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We ....
Private equity fund manager True North said today that it has sold a part of its holding in PolicyBazaar to five buyers – Ashoka India Equity Investment Trust, Triumph Global Holdings, Serum Institute of India, IIFL Special Opportunities Fund Series 8 and India Acorn Fund. In October 2020, True North had the first tranche of its stake sale in the company. It continues to be invested in the company for its next phase of growth. True North disclosed neither the quantum of stake sold nor the value. PolicyBazaar turned into a unicorn after Softbank led an over $200 million financing in the company in 2018. The company is gearing up for IPO and likely to file papers for IPO next month. ....
True North Fund announces a partial exit from PolicyBazaar True North sold a part of its holding in PolicyBazaar to five independent buyers – Ashoka India Equity Investment Trust Plc, Triumph Global Holdings Pte Limited, Serum Institute of India Private Limited, IIFL Special Opportunities Fund Series 8, and India Acorn Fund Limited on Friday. 0 claps sold a part of its holding in PolicyBazaar to five independent buyers – Ashoka India Equity Investment Trust Plc, Triumph Global Holdings Pte Limited, Serum Institute of India Private Limited, IIFL Special Opportunities Fund Series 8, and India Acorn Fund Limited. In October 2020, True North had conducted the first tranche of its stake sale in the company. It continues to be invested in the company for its next phase of growth. ....
Synopsis True North’s part exit from PolicyBazaar comes at a time when the insurance aggregator is lining up an initial public offering (IPO) for some time this year. ETtech Policybazaar is seeking a listing before the end of this year. (Illustration: Rahul Awasthi/ETtech) Mumbai:True North has made a part exit from PolicyBazaar. The homegrown private equity fund had invested about $50 million in the insurance aggregator in 2017 and had sold a part stake in October 2020. The move comes ahead of the PolicyBazaar IPO planned for some time this year. True North has sold its stake to five independent buyers Ashoka India Equity Investment Trust Plc, Triumph Global Holdings Pte Ltd., Serum Institute of India Pvt. Ltd., IIFL Special Opportunities Fund Series 8 and India Acorn Fund Ltd. ....