Venture capital firm Peak XV Partners has exited Indian fintech One MobiKwik Systems. The firm sold its stake for over Rs 130 crore. This exit follows One MobiKwik’s significant milestone. The Reserve Bank of India approved its application for a Non-Banking Financial Company license. This approval allows the company to launch a new lending arm.
Did Goldiam International shares really crash 24% in one day? Here’s how the bonus math works
Goldiam International shares appeared to fall 24% after turning ex-bonus, but the decline was purely due to the 1:3 bonus share adjustment. Adjusted for the