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Data analytics software company Phocas positions for rapid growth in the U.S. and UK with AU$45 million (US$34 million) capital raise


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SYDNEY, Jan. 28, 2021 /PRNewswire/  Australian global data analytics software business Phocas Software announces a AU$45 million (US$34 million) capital raise to accelerate its growth in America and the United Kingdom, expand into new industries and develop its core products.
Ellerston Capital led the capital raise with a AU$35 million (US$27 million) equity investment. OneVentures, an existing shareholder who first invested in the company in 2018, provided an additional AU$10 million (US$7 million) equity financing, reinforcing the venture capital firm s confidence in the company.
Phocas is a cloud-based data analytics Software-as-a-Service (SaaS) company with operations in the US, Australia and the UK. It is a growing, profitable company which should reach circa AU$50million in revenue by July 1, 2021. The business employs 200 people and has more than 1,900 mid-market customers, including Karcher, Burson Automotive, Repc ....

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Stocks in Your Budget 2021 With Anil Singhvi: Profitmart Securities' Avinash Gorakshakar picks Repco Home Finance as a stock to buy


Profitmart Securities Avinash Gorakshakar, in his chat with Zee Business Managing Editor Anil Singhvi has recommended buying into Repco Home Finance from the housing finance sector. Major business of Repco Home Finance comes from South of India. The company is headquartered in Chennai, Tamil Nadu. Repco Home Finance is operating through 131 branches and 29 satellite centres in Tamil Nadu, Andhra Pradesh, Jharkhand, Kerala, Karnataka, Maharashtra, Madhya Pradesh, Gujarat, Odisha, West Bengal and Puducherry.
48% of the Repco Home Finance business comes from salaried class people while 52% of the business comes from people who are self employed. The performance of the company was very good last year. The Dividend policy and Business model of Repco Home Finance is extremely strong. ....

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Repco Bank shakes off Covid limitations; turnover crosses Rs 16k cr


Being the one to shake off the impact of Covid limitation fast, Chennai based Repatriates Cooperative Finance and Development Bank popularly known as Repco Bank has crossed the business turnover of Rs 16,000 crore, while three months of the current financial year are yet to go.
“In adverse market conditions and the lockdown imposed due to Coronavirus, we have got success in crossing the business turnover of Rs 16 k crore before the end of the current financial year”, its Managing Director Smt. R.S. Isabella to Indian Cooperative correspondent on the phone.
“Now, the situation is under control and loan disbursement has also started. We are also launching various new schemes for our borrowers and we are getting good response”, she said. ....

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