Deciding two connected writ petitions arising from a common Industrial Tribunal Award, the Delhi High Court set aside the Tribunal's direction granting hotel workmen a further…
Prosus Invests $80 Mn In Mintifi, $100 Mn In Vastu Housing
Dutch investment firm Prosus has made substantial investments in India, committing $80 million to Mintifi, a startup focused on SME financing, and $100 million to Vastu Housing Finance, a tech-driven housing finance company. Mintifi intends to use the funds to expand its credit platform for small and medium businesses, while Vastu Housing aims to enhance its affordable housing loan offerings. These investments are part of Prosus’s strategy to deepen its presence in India’s fintech and lending sectors, which are seeing significant growth. By supporting innovative financial solutions, Prosus is addressing critical gaps in credit accessibility for underserved segments. The funding also reflects investors’ confidence in Indian startups, particularly those leveraging technology to solve complex financial challenges, positioning Prosus as a major player in fostering India’s economic growth.