Suryoday Small Finance Bank (SSFB), a Mumbai-based Non-Banking Finance Company, announced that it has closed an equity funding worth Rs 62.14 crore from existing investors including Gaja Capital, Kotak Life, Lok Capital, TIAA, and Kiran Vyapar. The company will use the current financing to boost expansion. It has plans to expand to 100 branches within…
Navi Technologies, a financial services holding company, announced it has secured an additional Rs 204 crore investment from mid-market private equity firm Gaja Capital, the company stated in filings submitted to the Registrar of Companies. Bansal, co-founder and former chief executive of India’s largest online retailer Flipkart, has also been named as the managing director…