API Holdings Ltd (API), the parent co. of India’s Largest Digital Healthcare Brand, (PharmEasy), founded by Dharmil Sheth, Dhaval Shah, Harsh Parekh, Hardik Dedhia and Siddharth Shah, announced the signing of definitive documents to acquire 66.1% stake in Thyrocare Technologies Ltd (Thyrocare) from Dr. A Velumani and affiliates at a price of INR 1,300 per share aggregating to INR…
Former JM Financial Group CTO Chaitanya Wagh has joined Scotiabank as new Chief Technology Officer, effective from January, 2021. Wagh will be based out of Mumbai. In his new role as CTO, Wagh will be responsible for managing technology for the India business of Scotiabank. Prior to this, Wagh had a 12 year stint with…
JM Financial, India’s leading financial services group that offers an array of services to corporations, financial institutions, high net-worth individuals and retail investors, announced that it has completed its proposed investment of Rs 400 mn in coliving operator, Isthara Parks Private Limited. The investment was completed in two tranches between July 2019 and June 2020. …
Investment banker JM Financial announced the successful closure of its Qualified Institutions Placement. The Company said that it has issued and allotted 11 crore equity shares of the face value of Rs 1 each to qualified institutional buyers at an issue price of Rs.70.0 each, aggregating to Rs. 770 crore. “The committee of the board…