M&A

Former Spandana Sphoorty CEO Padmaja Reddy acquires Kolkata-based NBFC for Rs.2.5 Cr

Economic Times  

Padmaja Reddy, founder and former CEO of Spandana Sphoorty Financial, has acquired a Kolkata-based non-banking finance company (NBFC) for INR 2.5 crore. The company, which is to be renamed as Keertana Financial Ltd post deal, will focus on secured gold loans and small ticket business loans.

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