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A big chunk of the funds raised will likely be utilized towards acquisitions while some will be deployed towards organic business growth, one of the three people said. The Kalpathi Group company has appointed Anand Rathi Advisors and IndCorp Advisory to manage the funding plans, the second and third persons said, all three of whom spoke on condition of anonymity.
This story is from the September 04, 2023 edition of Mint Mumbai.
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This story is from the September 04, 2023 edition of Mint Mumbai.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
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