Jana Small Finance Bank is set for a major capital boost with a fundraise that could reach up to ₹700 crore through a mix of primary and secondary deals. TVS Venu Srinivasan-led TVS Venu Group plans to buy a 10% stake for around ₹450 crore, alongside three to four additional investors, including an overseas player. It will be Jana’s first equity raise since its February 2024 IPO, while TPG Capital with 8.11% could reduce to about 5%.
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