India’s wealth management industry is a hot bed for growth right now
Clari5 will operate as a wholly-owned subsidiary of Perfios, with its leadership team continuing to run the business independently
Seven Technology-owned Dinie provides embedded finance solutions for MSMEs in Brazil through digital and e-commerce platforms
Domestic segment accounted for 72.4 percent of the overall deal value, emerging as the largest category within the M&A landscape, as revealed in Forvis Mazars in India's latest M&A Deal Tracker Report, adding that it was the only category to experience growth in deal volume during this period
The merger with its subsidiary has little economic benefit to Aditya Birla Capital. But the company has several factors working for it, from digital initiatives to robust asset quality that could reward investors in the coming quarters
In 2018, TPG Capital invested around $135 million in Sai Life Sciences and the private equity firm currently holds a 43.4 percent stake