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The Region's Most Innovative Products, Brands and Suppliers Return to Hong Kong at Cosmoprof Asia 2023, APAC's Leading Beauty Show

Cosmoprof Asia 2023 is coming back to Hong Kong! The leading B2B beauty event in the Asia-Pacific region, organized by a joint-venture between BolognaFiere and Informa Markets, is ready to celebrate 26 years of successful track record. The event will host all the key players of the industry in its hometown, which has always been recognized as the gateway to the Asia Pacific region and Mainland China and renowned for its business-friendly environment, thanks to its regulation as free trade port a

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Me & My: Mark Andy E5 narrow-web flexo press

Aman Mittal of Ess Kay Enterprises elaborates on the rationale behind investing in a second Mark Andy flexo printing press. “It is capable of fulfilling the requirements laid out on pesticide labels,” he says

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Ess Kay Enterprises installs second Mark Andy flexo press

Ess Kay Enterprises installs second Mark Andy flexo press
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India: Non-bank lender Ess Kay Fincorp raises $46m from TPG Growth, Norwest, others


India: Non-bank lender Ess Kay Fincorp raises $46m from TPG Growth, Norwest, others
Photo: Ayaneshu Bhardwaj / Unsplash.com
May 13, 2021
Non-bank financier Ess Kay Fincorp Ltd on Thursday said it has raised ₹337 crore ($46 million) from a clutch of investors.
Existing investors TPG Growth, Norwest Venture Partners and Evolvence, along with promoter Rajendra Setia, invested as part of this round, it said.
With this investment, the company said it has raised over ₹1,000 crore ($136 million) of external capital from marquee investors.
The transaction reiterates the investors’ conviction in Ess Kay’s superior execution capabilities, consistent performance and unique positioning in the significantly underpenetrated used vehicle, and small and medium enterprise (SME) finance space, the lender said in a statement. Spark Capital acted as an exclusive financial adviser to the company in relation to the transaction.

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Ess Kay raises Rs 337 crore from existing investors, promoter


Ess Kay raises Rs 337 crore from existing investors, promoter
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Last Updated: May 13, 2021, 08:08 PM IST
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Synopsis
"Over the years, we have created a niche positioning for ourselves in the rural and semi-urban markets with deep distribution across north, west and central India, on-ground sales and collection infrastructure to cater to the underserved customer segment, strong underwriting and focus on asset quality," Setia said.
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TPG Growth, Norwest Venture Partners and Evolvence are existing investors in the company and with this round, the overall capital raised from external investors has breached the Rs 1,000 crore mark.
Used vehicles and small businesses-focused lender Ess Kay Fincorp on Thursday announced that it has raised Rs 337 crore from PG Growth, Norwest Venture Partners, Evolvence and promoter Rajendra Setia in a new round of funding. TPG Growth, Norwest Venture Partners and Evolvence are existing investors in the company and with this round, the overall capital raised from external investors has breached the Rs 1,000 crore mark, an official statement said.

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