Neo Wealth Partners invested ₹230 crore for a 9.6% stake in Keertana Finserv. This investment values Keertana at 2.3 times its net worth. The acquisition involved 16 million compulsorily convertible preference shares. Keertana Finserv is a fast-growing gold loan lender promoted by Padmaja Reddy. The firm approved the issuance of these shares through private placement.
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