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Bank Of India Acquires 51% In Bharti AXA

Bank Of India Acquires 51% In Bharti AXA

Bank of India is acquiring 51% in Bharti AXA Investment Managers, part of AXA Group. According to the deal structure, BOI will acquire 51% of the equity and the balance will be with AXA Group. Post regulatory approval, the bank will acquire 25% stake from Bharti Enterprises and 26% from the Axa ...

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Billing & Payments App Momoe Secures Seed Funding from IDG Ventures, Others

Billing & Payments App Momoe Secures Seed Funding from IDG Ventures, Others

Bengaluru based Momoe Technologies Private Limited, the company behind the billing and payments app, Momoe, has raised $1.2 Mn (c.R7.2 Cr) from IDG Ventures, Jungle Ventures and India Quotient.

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