Loylty Rewardz confirms SVB is not a current investor in the company
Mumbai (Maharashtra) [India], March 14 (ANI/BusinessWire India): Recent news articles suggest that Silicon Valley Bank is still an investor in Loylty Rewardz Mngt Pvt Ltd among other Indian start-ups. Loylty has refuted this information stating it as outdated and inaccurate. According to Loylty Rewardz, while SVB was one of their former investors, they currently hold no stake in the company. "Since our foundation in 2008, we have had investors who supported our vision and growth. We are a wholly-owned subsidiary of IndiaIdeas.com Ltd. better known as The BillDesk Group. Our former investo...
Source: laosnews.net