With this acquisition, InsuranceDekho will have a stronger foothold and presence in the SME insurance vertical and micro-business insurance schemes, founder and CEO Ankit Agrawal said.
PEs seek a 3-4x return or a 25 percent Internal Rate of Return from their investments in this space. But this has been hard to achieve due to reasons like tough economic climate, changing consumer palette, and high cost of operations.
Demand for food will never ebb and agribusiness is a lucrative sector to operate in. Get funding and get going
Regen Powertech, a Chennai-based wind turbine manufacturer, promoted by the Nuziveedu Seeds Group received Rs 52 crore from TVS Capital and existing investor, Summit FVCI. The funds will be used for expanding its manufacturing capacity at its Udaipur plant, as well as for project development.