Poging GOUD - Vrij
Leap nears Prodigy buyout
Mint New Delhi
|March 07, 2025
The study-abroad platform is in late-stage talks to acquire fintech firm Prodigy Finance to expand its footprint
lush with funds, study-abroad platform Leap is in late-stage talks to acquire study-abroad fintech Prodigy Finance Ltd, with plans to acquire more startups, three persons close to the development told Mint.
The final details are being ironed out, and the deal will close soon, said one of the persons, adding that Leap is also evaluating two to three other startups to acquire, with study-abroad consultancy KC Overseas Education being one of the leading prospects.
Mint could not immediately ascertain the size of the transaction.
Queries sent to Leap, Prodigy and KC Overseas on Thursday haven't elicited any response.
On Wednesday, its student-lending arm, Leap Finance Inc., secured a $100 million debt facility from HSBC's $1 billion ASEAN Growth Fund for new economy businesses to support students pursuing international education, the company said in a statement.
Dit verhaal komt uit de March 07, 2025-editie van Mint New Delhi.
Abonneer u op Magzter GOLD voor toegang tot duizenden zorgvuldig samengestelde premiumverhalen en meer dan 9000 tijdschriften en kranten.
Bent u al abonnee? Aanmelden
MEER VERHALEN VAN Mint New Delhi
Mint New Delhi
Silver climbs ₹1,700 to ₹2.58 lakh per kg
Silver price climbed ₹1,700 to ₹2.58 lakh per kilogram in New Delhi on Thursday due to steady demand and firm global trends, even as investors tracked geopolitical developments and currency movements.
1 min
April 17, 2026
Mint New Delhi
Distressed cos may need creditor nod for big deals: IBBI
Banks initiating bankruptcy proceedings without replacing existing management in defaulting companies will set a monetary threshold above which the distressed firm must obtain financial-creditor approval, according to a set of draft regulations released by rule maker Insolvency and Bankruptcy Board of India (IBBI) on Wednesday for public feedback.
1 mins
April 17, 2026
Mint New Delhi
Hetero eyes 1.5 mn/year weight drug pen sales
Hetero Labs, one of India’s largest privately held drugmakers, aims to sell 1.5 million pens of generic weight-loss and diabetes drugs in the first year as it rolls out the products in more than 75 countries over the next few years, a top executive said.
1 min
April 17, 2026
Mint New Delhi
Starmer tells social media firms to up child safety efforts
UK Prime Minister Keir Starmer told representatives from the largest US tech companies that they “can’t go on like this” when it comesto online protections for children.
1 mins
April 17, 2026
Mint New Delhi
'India is poised for a 10-year bull market beyond the current dip'
While many investors worry about volatility, SIP stoppages and geopolitical risks, long-term returns often depend on looking past the noise.
4 mins
April 17, 2026
Mint New Delhi
With interest, SpiceJet dues top ₹400 crore, says Maran
Sun Group chairman Kalanithi Maran told the Delhi High Court on Thursday that SpiceJet owes over ₹400 crore, including interest, in their long-running arbitration dispute—far higher than the ₹144.5 crore cited by the cash-strapped airline.
2 mins
April 17, 2026
Mint New Delhi
Trump says Israel, Lebanon agree to a 10-day ceasefire
US President Donald Trump said on Thursday that Israel and Lebanon had agreed to begin a 10-day ceasefire at 5pm EST (2100 GMT), signalling a pause in Israel's conflict with Iran-backed Hezbollah that has raged in parallel to the war with Iran.
1 mins
April 17, 2026
Mint New Delhi
Pernod Ricard India Q3 revenue up 11%
French alcoholic beverages major Pernod Ricard has reported 11% revenue growth in India for March quarter 2026, helped by the sale of its Imperial Blue business.
1 min
April 17, 2026
Mint New Delhi
Max steps up bed capacity expansion
Max Healthcare Institute Ltd is stepping up capacity expansion to cater to demands of “aspirational India” while also boosting medical tourism, targeting to have a total of 10,000 beds over the next 3-4 years , according to its chairman and managing director Abhay Soi.
1 min
April 17, 2026
Mint New Delhi
Wipro posts profit drop, announces buyback
The company expects a weak start to FY27, guiding for April-June revenue of $2.6-2.65 billion—implying a sequential decline of up to 2% or flat growth at best.
1 mins
April 17, 2026
Listen
Translate
Change font size