Rattan to explore new business avenues

Chennai: BSE & NSE listed Rattan India Infrastructure Ltd, part of the Rattan India group, a business conglomerate with interests in power generation and finance, has notified the exchanges regarding the recommendation of its committee to enter and explore new business avenues including sunrise business sectors which are light on debt or preferably do not need any debt.

And it has also recommended exploring business opportunities in new age technologies including fin-techs.

A press release said the company would be looking to engage into fintech opportunities such as crowdfunding platforms that allow entrepreneurs and early-stage businesses to raise funds from all over the world and reach international markets and investors, Mobile Payments, Mobile payment applications and gateways, robo-advisory offering online investment management services.

Insuretech includes technology to the insurance model, which allows companies to provide tailored insurance services and data security.