Menu
Inshorts
For the best experience use inshorts app on your smartphone
inshortsinshorts
Premji, Mirae in talks to buy Chinese investors' stake in Finnov: Reports
short by Rishabh Bhatnagar / on Tuesday, 27 October, 2020
Wipro Founder Azim Premji's PremjiInvest and South Korean investment firm Mirae Asset are reportedly in talks to buy stakes in digital lender Finnov. The two might infuse $30-40 million at a valuation of around $200 million to pick up 35-40% stakes belonging to Chinese investors Shunwei Capital and Kunlun. This comes after restrictions on Chinese investments in Indian firms.
read more at Times Now News