Bajaj Financial Securities has acquired a stake in Lemnisk
Bajaj Financial Securities has made a strategic move in the fintech space by acquiring a stake in Lemnisk. Investors include Bharti Airtel, growX Ventures and other strategic partners.
Lemnisk, founded by Praveen DS, Rinku Ghosh, and Subra Krishnan, specializes specializes in developing composable customer data platforms for financial institutions, insurance companies, and regulated entities. The company has offices in Dubai, Singapore and Boston and works with large clients in banking, insurance and financial services.
InCred Holdings Files Confidential DRHP with SEBI for IPO
InCred Holdings, the holding company of InCred Financial Services, has submitted a confidential draft red herring prospectus (DRHP) to the Securities and Exchange Board of India (SEBI) for the proposed initial public offering.  It aims to raise between ₹3,000-₹4,000 crore through IPO.
