Standard Chartered’s investment arm has agreed to sell its incubated venture, Solv India, to Jumbotail, a B2B marketplace.
The new entity will enhance the accessibility of essential products for millions of small retailers while improving efficiency for brands and manufacturers targeting India's middle-class consumers.
B2B ecommerce platform Jumbotail is acquiring rival B2B ecommerce marketplace Solv India for an undisclosed amount.
MUMBAI: Non-bank finance company SMFG India Credit on Tuesday said it has raised USD 175 million foreign loan. The funds have been borrowed through a syndicated loan and will be used for regular ...
B2B ecommerce player Jumbotail is set to acquire SC Ventures-incubated startup Solv India for an undisclosed amount.
The rarity factor helped attract strong interest in the deal, allowing the borrower to increase the size by $100 million via ...
SMFG India Credit (SMICC) has secured $175 million via External Commercial Borrowing, arranged by Standard Chartered Bank and ...
SMFG India Credit said it has fully hedged the facility to mitigate risks associated with foreign exchange and interest rate ...
Standard Chartered has made three new hires in India, according to its email to Reuters on Tuesday, as the bank aims to ...
Standard Chartered Plc is strengthening its private credit team in India with the recent hire of Ankit Raghav, Ankit Dokania, ...
SMFG India Credit (SMICC), a leading NBFC - Investment and Credit Company (NBFC-ICC) registered with the Reserve Bank of ...
Non-banking Finance Company SMFG India Credit (SMICC), on Tuesday said it has successfully raised USD 175 million via ...
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