Mon, Jul 08, 2024
The NBFC has been operating in two verticals -- vehicle financing and financing for Micro, Small and Medium Enterprises (MSMEs). It has a presence across 11 states and one Union Territory through 535 branches as of December 2023.
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Thu, May 02, 2024
As a part of the OFS, Norwest Venture Partners X-Mauritius and TPG Growth IV SF PTE Ltd will offload shares worth Rs 700 crore each, Evolvence Coinvest I will divest shares to the tune of Rs 75 crore and Evolvence India Fund III Ltd will sell shares worth Rs 25 crore.
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