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Reliance Capital acquires stake in tech-based lending firm

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Press Trust of India New Delhi
Reliance Capital today acquired 22.08 per cent stake in technology-based lending platform Billionloans Financial Services Private Limited.

The equity stake was acquired in an all cash deal at a cost of Rs 7 crore, the company said in a regulatory filing.

Billionloans Financial Services Private Limited is a technology based B2B and B2C lending platform incorporated in 2016-17.

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First Published: Jul 03 2017 | 10:42 PM IST

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