With its latest Rs 10,000 crore fundraise, the NBFC plans to get into new businesses and grow faster than it ever has.
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No matter how good a business, overpaying for a stock negatively impacts returns. Saurabh Mukherjea’s Marcellus is only the latest example of the perils of forgetting this timeless lesson.
Amidst the ongoing slump are pockets of hope—companies that are coping better or positioning themselves for an eventual revival.
The fintech company is looking to rebuild its financial services business from scratch amid strong regulatory headwinds and will use the IPO’s proceeds to do so.