SBI-led Neev Fund invests in Leap India Food and Logistics - Times of India
Summary
Mumbai, Apr 9 () Private equity player Neev Fund has made an undisclosed investment in Leap India Food and Logistics to develop agri-silos in states with low levels of capital investments.The fund, which is a joint venture between largest lender SBI and UKs Department for International Development (DFID), typically makes investment of up to USD 10 million for infrastructure creation, an official said.Leap India aims to set up food storage and logistics platforms across the country for various governments and commercial organisations over the next few years, a statement issued here said. ********************** Auxilo Finserve aims to disburse Rs 100 cr of education loan *Education loans focused non-bank lender Auxilo Finserve today said it is targeting to disburse Rs 100 crore in the learning hub of Pune.It will be giving loans to both students and educational institutions to build a book of Rs 100 crore in the next two fiscal years, a statement issued here said. ********************** Indian Overseas Bank partners with SMC Global Securities *State-run Indian Overseas Bank today said it has partnered with the brokerage SMC Global Securities to offer e-trading facility to its customers.Through the tie-up, customers can do banking transactions, hold shares in demat and also do trading using the same account, it said in an official statement. ********************** Vertoz eyes $10 mn acquisition in US and EuropeMumbai, Apr 9 () Vertoz, an online programmatic advertising company listed on the NSE Emerge platform, today said it is scouting for acquisition opportunities in developed markets like the US and Europe. ********************** SMT wins tenders for stents at five Brazilian hospitals *Sahajanand Medical Technologies (SMT), the countrys largest manufacturer of cardiovascular medical stents, has bagged tenders at five Brazilian hospitals for the distribution of stents.The alliance will accelerate SMTs goal towards providing affordable and quality stents for the millions of people suffering from heart disease worldwide, the company said in a release.