Religare to raise Rs 1,500 crore from Burman Family and select investors

Religare Enterprises is set to raise ₹1,500 crore through preferential allotment of warrants, with the Burman family of Dabur contributing ₹750 crore. Other investors include Ashish Kacholia, Hindustan Times group, Ashish Dhawan and JM Financial. The capital will fuel business growth, strategic initiatives, and new opportunities across Religare’s diverse financial services.

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