India: IIFL-backed 5Paisa.com to raise $15m via rights issue to enter P2P lending

India: IIFL-backed 5Paisa.com to raise $15m via rights issue to enter P2P lending

Indian Rupee: Bloomberg

Discount broker 5Paisa.com is planning to raise about ₹103.5 crore through a rights issue to enter the peer-to-peer (P2P) lending business, said chief executive Prakarsh Gagdani in an interaction with Mint.

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