India Dealbook: Corporation bank picks stake in RuPay parent NPCI; SV Agri and Rentomo fund raise

India Dealbook: Corporation bank picks stake in RuPay parent NPCI; SV Agri and Rentomo fund raise

Corporation Bank is acquiring a 1.06 per cent stake in National Payments Corporation of India (NPCI), parent company of RuPay, for a consideration of nearly Rs 5 crore. Pune-based SV Agri, an end-to-end potato supply chain management company, has raised funds from Lok Capital, while rental listings platform Rentomo has raised $100,000 in a seed funding round from Shiva Ashok, and an unnamed UAE-based investor.

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