BVPL has become a subsidiary of the company
This acquisition is for the expansion of addressable market through early stage investments in sizeable / fast-growing categories
As part of the transaction, Honasa will acquire a 95% stake via a secondary purchase at an enterprise value of Rs 195 crore
Source: www.accordfintech.com | DISCLAIMER: Information is provided " as is" and solely for informational purposes, not for trading purposes or advice, and may be delayed.