Wow! Momo has raised Rs 410 crore from Khazanah Nasional Berhad and Oaks Capital Management with a valuation of over Rs 2,400 crore for the company, according to TOI report. The fundraising including both primary as well as secondary infusion will give partial exit to some present investors—Light House Funds and Indian Angel Network. According…
Tag: Khazanah
India Alternatives sells ₹340 crore stake in TUCIBIL
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•Private equity fund, India Alternatives has announced a sale of partial stake – worth Rs 340 crore in Transunion Cibil to Khazanah Nasional Berhad. The Malaysian sovereign wealth fund – Khazanah was incorporated under the Companies Act 1965 on 3 September 1993 as a public limited company and began operations a year later. Shivani Bhasin…