Former Religare CEO raises â¹1,000 crore for lending business
Chokhani Securities, a non-banking financial company (NBFC) recently acquired by former Religare Enterprises CEO Shachindra Nath, has raised â¹1,000 crore in the last six months. The company will start lending operations from January 2019 and will target small and medium enterprises, Nath has said. The company has raised funds from private equity funds, family offices and institutional investors.