Sachin Bansal invests ₹200 cr in Piramal Enterprises’ debt

Date posted: Monday 15 July 2019

Flipkart co-founder and tech entrepreneur Sachin Bansal has invested ₹200 crore in debt paper issued by Piramal Enterprises Ltd. Bansal has subscribed to non-convertible debentures (NCDs) issued by Piramal Enterprises, which has business interests in pharma and financial services. The money will be used for the financial services business.

(Live Mint)