Bajaj Finance to acquire 26% stake in fintech Pennant Technologies for ₹267.50 crore

October 17, 2023 admin

Non-bank lender Bajaj Finance is acquiring 26% equity stake in Hyderabad-based fintech solutions provider Pennant Technologies for ₹267.50 crore. It is aimed at strengthening the company’s technology roadmap, Bajaj Finance said in a filing on October 17 ahead of its Board meeting for the September quarter results. A binding term sheet was signed for the…

Business