By Salman S.H
Investors in the round include Social Capital, JS Capital Llc, Horizon Ventures and Prime Ventures India.
“Analysts (are) giving zero value to AirAsia India. Not far from 20 planes and a potential IPO,” Fernandes tweeted.
Malhan is looking to start an investment firm of his own, but his plans are in very early days right now.
Paytm Money is the fourth product from One97’s stable after Paytm Mall, Paytm Payments Bank and Paytm wallet.
Muthoot Pappachan recently invested in two start-ups: P2P lender Faircent and money transfer firm RemitGuru.
Existing investors Accel Partners and Elevar Equity also joined the round
Lendingkart Finance claims to have disbursed over 20,000 loans to more than 13,000 SMEs across 23 diverse sectors.
The family office will deploy funds in asset classes except for debt and cryptocurrencies.
Mumbai-based Nazara had earlier also invested in Mastermind Sports, Moonglabs, and recently HalaPlay.
India Digest: Radiant Life eyes Max Health stake; Shapoorji set to buy Adani Realty’s Mumbai project
Life Healthcare and Mumbai-listed Max India Ltd. each own 49.7% of Max Healthcare.