IDFC First Bank first cleared a preferential allotment of over 81.26 crore shares, equating to a 10% stake in the company in April this year. The capital raised is aimed at fueling the bank’s upcoming growth initiatives.
Madhusudan Kela-backed fund buys stake in IPO-bound Steamhouse India for Rs 40 crore
Ace investor Madhusudan Kela’s funds, along with Niveshaay Sambhav Fund, have injected Rs 49.99 crore into Steamhouse India via a pre-IPO placement. This strategic investment