Paytm’s QorQI acquires insurer Raheja QBE

0
1914
Raheja ICICI Lombard
LinkedIn
Facebook
Twitter
Whatsapp
Telegram
Copy link

A team from Shardul Amarchand Mangaldas & Co (SAM) advised QorQl in its acquisition of Raheja QBE General Insurance, which is 51% owned by Prism Johnson and 49% by QBE Australia.

While Prism Johnson – a Rajan Raheja group company – said in a stock exchange filing that it was selling its stake for ₹2.9 billion (US$38.8 million), the entire deal is reportedly valued at US$76 million. The deal was signed on 6 July.

QorQl, a technology company that connects doctors and patients, is majority owned by the founder of Paytm, Vijay Shekhar Sharma. Paytm owns the remainder of QorQI.

You must be a subscribersubscribersubscribersubscriber to read this content, please subscribesubscribesubscribesubscribe today.

For group subscribers, please click here to access.
Interested in group subscription? Please contact us.

你需要登录去解锁本文内容。欢迎注册账号。如果想阅读月刊所有文章,欢迎成为我们的订阅会员成为我们的订阅会员

已有集团订阅,可点击此处继续浏览。
如对集团订阅感兴趣,请联络我们

LinkedIn
Facebook
Twitter
Whatsapp
Telegram
Copy link