EnterpriseTech
Veefin Gets Board Nod To Merge Two Subsidiaries With Parent
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SUMMARY
Veefin said that the move will enable it to leverage combined assets, enable cost savings, eliminate duplication, strengthen governance and enhance investor value.
Post the deal, the shareholding of promoters in the consolidated entity will increase to 37.85% from 34.52% currently
While GlobeTF offers a transaction banking suite for banks, Estorifi’s tech stack connects corporates and SMEs to banks and NBFCs for their working capital needs
Listed fintech SaaS company Veefin’s board on Tuesday (September 30)…
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