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Infomerics Valuation and Ratings eyes strategic investor to grow biz
Abhijit Lele Mumbai
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Infomerics Valuation and Rating, a Delhi-based Reserve Bank of India (RBI)-accredited credit-rating agency, plans to rope in a strategic investor to enhance domain knowledge, and bring in technical expertise and systems to scale up business.
Shubham Jain, group chief executive officer (CEO), Infomerics, told Business Standard: 'We are not looking at a financial investor. So, not a private equity (PE), or any such person. It has to be a strategic investor, because we need more domain expertise and technical assistance in terms of further strengthening methodologies, governance practices, and overall processes.'
Infomerics is a cash-flow-positive company, which is sitting on
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