Sachin Bansal, Poonawalla family to invest Rs. 100 crore in NBFC U Gro Capital
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According to some reports, Flipkart co-founder and current CEO of CRID, Sachin Bansal has joined hands with the Poonawalla family to invest about Rs 100 crores in the Mumbai-based NBFC, U Gro Capital. the deal will be done via two separate securitization and bond deals. It would be the first securitization transaction with Poonawalla Finance Pvt Ltd. Bansal, on the other hand, has signed a non-convertible debenture deal with the firm.