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Inditrade Capital decides to execute MOU with Robocash

04 Dec 2018 Evaluate

Inditrade Capital has decided to execute a Memorandum of Understanding (MOU) with Robocash Pte (Robocash), a company incorporated under the laws of Singapore, engaged in the business of online and offline retail lending, for entering into a joint venture which will be engaged in online and offline consumer lending.

The Joint Venture (JV) aims to leverage the technology platform and global experience of Robocash to provide ‘payday loans’ to individuals in India.

Inditrade Capital (formerly known as JRG Securities) is engaged in equity and commodity broking businesses, with strong presence in South India.



Peers
Company Name CMP
Bajaj Finserv 1731.20
TVS Holdings 11594.10
Cholamandalam Fin. 1377.45
Altius Telecom Infra 172.50
Kama Holdings 2235.75
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