Hyderabad-based Payswiff in talks to allot 72% stake to Cholamandalam Investments for Rs. 450 cr.
Hyderabad-based Payswiff allots a 72.12% stake to Cholamandalam Investments. According to a regulatory filing, Cholamandalam Investments has signed a Share-purchase agreement and Shareholders’ agreement on Jan 17th with Payswiff. They plan to acquire a 72.12% stake in the fintech payment solutions provider. Background Hyderabad-based startup, Payswiff is an omnichannel payment
Rituka M
January 21, 2022
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