Tag Archives: investors

Housing.Com CEO Yadav Sacked, Asked to Leave Premises Immediately

Reality rental info website Housing.com’s CEO and co-founder Rahul Yadav has been sacked with immediate effect following a board meeting decision on Wednesday for his behaviour not not befitting the role, said the company in a statement. The company said, "The board believed that his behaviour is not befitting of a CEO and is detrimental to the company, known for ...

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Ujjivan Microfinance raises Rs. 128 Cr ($25M) in 5th round of equity funding

Bangalore-based Ujjivan Financial Services, one of India’s major microfinance institutions, has raised Rs 127.9 Crore ($25.5 Million) in its fifth round of equity funding, with two new Foreign Institutional Investors participating in it. Investors who participated in the fifth round of funding include Lok Capital: Rs.100 Million, Sequoia Capital: Rs.100 Million, Mauritius Unitus Corporation: Rs.25 Million, Elevar Equity: Rs.125 Million, ...

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