India Digest: Ummeed, Sequretek raise funds; IIFL Wealth buys Altiore; Netlink sells exhibition biz

Photo: Reuters

In the latest startup funding, Ummeed Housing Finance has raised $10 million in a Series C round of funding from global impact investor LGT Impact and Lok Capital. In the M&A space, IIFL Wealth Management has acquired Bengaluru-based fintech company Altiore Advisors while Netlink Solutions is selling its exhibition business to the Indian subsidiary of Messe Frankfurt Exhibition GmbH.

Ummeed raises $10m from LGT, Lok Capital

Ummeed Housing Finance has raised $10 million in a Series C round of funding from global impact investor LGT Impact. Existing backer Lok Capital also participated in the investment round, reported The Economic Times.

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