IndiaMoneyMart strengthens Advisory Board
IndiaMoneyMart, a leading NBFC-P2P startup, proudly announces the joining of two industry veterans Arup K Ganguly and Vridhi Kheria to its advisory board.
Arup K Ganguly, a renowned finance industry expert with 30 years of experience, was associated with Goldman Sachs where he spent over 15 years as an Executive Director.
Vridhi Kheria was an All India Rank holder in chartered accountancy & company secretary exams and also been a partner to a CA firm for the last 18 years.
‘The addition of these members complements our advisory board skills and experiences and we are confident they will provide valuable perspectives as we continue to execute our strategy, drive profitability and enhance value for all our customers’ informed Sangeet Modi, co-founder IndiaMoneyMart.
LANXESS to exit chrome chemicals business
Specialty chemicals company LANXESS is selling its chrome chemicals business to Brother Enterprises, a Chinese leather chemicals producer. Both companies signed a respective agreement. The transaction is still subject to approval by the relevant antitrust authorities. LANXESS expects to complete the planned transaction by the end of 2019.
“We have successfully reorganized our chrome chemicals business in recent years. However, it no longer fits in with our strategic focus on specialty chemicals. We are therefore convinced that future growth and the further development of the business can be better implemented under the leadership of Brother Enterprises” said Matthias Zachert, Chairman of the Board of Management of LANXESS AG.
The chrome chemicals business belongs to the LANXESS Leather business unit and generates annual sales of around EUR 100 million.
Million Sqft Realty forays into Southeast Asia and Europe
Real estate consultancy Million Sqft Realty has announced its foray in the European and South East Asian Markets after establishing a strong foothold in Dubai and London. The brand has partnered with renowned real estate groups like Delsk Group and Leptos Estates to cater to the growing needs and demands of both residential and commercial properties especially in the luxury space in the European and Asian countries.
Abhishek Kulkarni, Chairman and Managing Director of Million Sqft Realty informed ‘With India increasingly seeing new millionaires on the rise, there is surge in the demand for luxurious properties. While Europe tops the lists with premium living conditions, Thailand and Malaysia, with a tourism driven economy are pure investment destinations. ‘
The collaboration with Delsk Group (having a global appeal in the real estate industry) will be activating operations in countries like Greece, Cyprus, Malta, Portugal, Thailand, Ireland and London. Similarly, the association with Leptos Estates, a stellar real estate development Company will further widen the reach and expansion in Cyprus & Greece which are offering attractive residency (EU PR) & citizenship (EU Passport) programs via investment into real estate.