Exit Options for John Hancock Bond and Corporate Finance Group: Hanover Communications In... - 28 Strategic Investors
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M&A Associate
India
More than 50%, 100%
Strategic, Financial
Strategic reasons
US$ 25M
US$ 5M
Advisor
Yes
Decent Work and Economic Growth
India based company, with revenue of USD 25M, this entity is a non-deposit taking NBFC registered with the Reserve Bank of India. Their core business is offering loans against gold jewellery. Its typical customer profile includes small businessmen, vendors, traders, farmers, salaried individuals and families.Apart from gold loans, this company also has operations in the micro-finance, mortgage loans business and has obtained distributorship of insurers for soliciting insurance business.