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Fino Payments Bank has tied up with Protean eGov Technologies, a market leader in universal, citizen centric and population scale e-governance solutions, to expand PAN card issuance services in India, especially in rural areas.
Proceeds worth Rs 68 crore from the fresh issue will be used to repay debt, and Rs 119.5 crore will be spent on working capital requirements, besides general corporate purposes. Get more IPO News and Business News on Zee Business.
Commenting on the deal, NDSL MD and CEO Padmaja Chunduru said, “This strategic deal will further strengthen the digital ecosystem to take digital e-commerce to the people of India.”
The open network for digital commerce aims to break the platform-centric structure of e-commerce to establish a model that creates a level playing field for even the small merchants and spurs competition in the space - Issue Date: Oct 02, 2022
Thane (Maharashtra) [India], August 8 (ANI/NewsVoir): 'What's In Your Story' an unique online marketplace for preloved books got launched during the Mysuru Startup Pavilion event held in Mysuru on 5th August 2022 by Suresh Sethi - Managing Director and CEO of Protean eGov Technologies Ltd.