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Motilal Oswal is bullish on Indostar Capital Finance has recommended buy rating on the stock with a target price of Rs 280 in its research report dated May 02, 2024.
Multiple companies are in focus due to news developments. IndoStar Capital Finance raises funds. CMS Info Systems promoter sells stake. Salasar Techno, SJVN, Capital SFB, GE TD India, Aether Industries are also in the news.
Brookfield will invest Rs 257 crore by subscribing to approximately 13.95 million warrants at Rs 184 each, while Florintree will invest Rs 200 crore by subscribing to 10.87 million warrants, IndoStar Capital Finance said in an exchange filing.
The firm is now poised to make investments in early-stage startups specializing in Fintech, SaaS and Deeptech, offering funding in the range of Rs 2 crore Rs 6 crore.
GrowthCap Ventures, an early-stage venture capital firm floated by former BharatPe chief business officer Pratekk Agarwaal, has marked the first close of its maiden fund, ......