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Manipal Tech: Manipal Tech, India's largest banking & smart cards manufacturer, looks to raise Rs 1,000 cr - Vimarsana News

Manipal Tech: Manipal Tech, India's largest banking & smart cards manufacturer, looks to raise Rs 1,000 cr

​Initially, this proposed transaction will give an exit to a few minority shareholders - family members who own about 20% stake in the parent company MTL. Besides the secondary stake sale, about 5-10% primary shareholding will be sold to meet expansion plans, sources aware of the initiative told ET.

Paytm to go slow on small-ticket loans; MPL's FY23 report card - Vimarsana News

Paytm to go slow on small-ticket loans; MPL's FY23 report card

​Paytm will scale down its Postpaid business as recent regulatory hurdles have prompted a strategy rethink at the payments firm. This and more in today's ETtech Top 5.

Grapevine: Manipal Tech looking to dilute minority stake; two VC-backed startups shut shop - Vimarsana News

Grapevine: Manipal Tech looking to dilute minority stake; two VC-backed startups shut shop

Ranjan Pai-led Manipal Group’s arm Manipal Technologies is set to raise funding by bringing in a new financial partner into the family-owned business, a media ......