Back to Career News

To Implement Growth Plan, Bajaj Capital May Take Fundraising Route

July 02, 2019

To Implement Growth Plan, Bajaj Capital May Take Fundraising Route

In a bid to raise funds for its growth plan implementation, Bajaj Capital is looking to tap into the private equity space market. Company CEO Rahul Parikh said that the firm has observed huge growth in the past 2 years in both its top line and bottom line.

Parikh said that IPO is the long-term objective of the promoters to create value for the shareholders, but in the short-term, the company has big plans and it may take the fundraising route to accelerate growth.

Photo credit: ccPixs.com on VisualHunt / CC BY

Recommended for you ...

Axis Bank and Mastercard Launch Premium Credit Card for Small Business Owners
Axis Bank and Mastercard Launch Premium Credit Card for Small Business Owners

September 26, 2024

Banks Report Over 15% Growth in New Credit Card Additions: RBI Data
Banks Report Over 15% Growth in New Credit Card Additions: RBI Data

September 26, 2024

National Company Law Tribunal (NCLT) Approves Merger of IDFC and IDFC First Bank
National Company Law Tribunal (NCLT) Approves Merger of IDFC and IDFC First Bank

September 25, 2024

Chat on WhatsApp