Saturday, 16 March, 2024

CBenSol and Hansa Sharma Offload Stake in Simpliance for Rs 28 Crore

CBenSol and Hansa Sharma have divested their stake in Simpliance for Rs 28 crore. The transaction marks a significant move in the startup ecosystem, reflecting investor interest in compliance and regulatory technology solutions. The sale of stakes underscores Simpliance's growth trajectory and potential in addressing compliance challenges for businesses. This development highlights the dynamism of India's startup landscape and the opportunities it presents for strategic investments.