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Grapevine: Manipal Tech looking to dilute minority stake; two VC-backed startups shut shop

By Sreeja Biswas

  • 06 Dec 2023
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Grapevine: Manipal Tech looking to dilute minority stake; two VC-backed startups shut shop
Credit: 123RF.com

Ranjan Pai-led Manipal Group’s arm Manipal Technologies is set to raise funding by bringing in a new financial partner into the family-owned business, a media report has said, citing multiple people aware of the development. Manipal Tech, reportedly the largest manufacturer of banking and smart cards in India, is planning to ......

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