The Point of Sale (POS) business - BharatSwipe - now contributes about 25 per cent to the overall payments Transaction Processed Value (TPV) of the company, a statement said.
In an interview to Moneycontrol, the BharatPe founder said the failed listing could end the frenzied cycle of IPOs in the country. Moreover, the impact of this failed listing could potentially spiral out to the upcoming IPOs...
The apex banker informed that the promoter of the Unity Small Finance Bank Limited, Centrum Financial Services was granted an 'in-principle approval to set up a small finance bank on June 18.
The development comes amidst the ongoing controversy over a viral audio, in which Grover was being heard using inappropriate language with Kotak Mahindra’s employee over Nykaa’s IPO.
The 23-year-old entrepreneur Shashvat Nakrani is the youngest person to make it to the prestigious IIFL Wealth Hurun India Rich List, and among 13 self-made billionaires born in the 1990s.
The notice sought damages for the gains which Grover duo would have otherwise made after subscribing to the shares worth Rs 500 crore in Nykaa and Rs 1 lakh for the cost of the legal notice.