HDFC Bank invests in Mintoak Innovations
Mintoak Innovations raised Minority stake investment via CCPS and equity led by HDFC Bank on December 1, 2022.
- Primary
- Mintoak Innovations
- Counterparty
- HDFC Bank
- Structure
- Minority stake investment via CCPS and equity
- Date
- December 1, 2022
- Sub-sector
- Payments
HDFC Bank acquires 7.75% stake in payments fintech through Rs 31.14 crore investment, combining preference shares and secondary equity purchases.
Source: economictimes.indiatimes.com