Former Religare CEO Shachindra Nath raises $142m for NBFC Chokhani Securities

Former Religare CEO Shachindra Nath raises $142m for NBFC Chokhani Securities

Shachindra Nath. Chokhani Securities has so far raised ₹1,000 crore in the last six months across three tranches.

Chokhani Securities, a non-banking financial company (NBFC) recently acquired by former Religare Enterprises CEO Shachindra Nath, has raised Rs112 crore through a qualified institutional placement (QIP).

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