Ant Group’s Consumer Finance Unit to Boost Its Capital to $4.7 Billion, Introduce New Investors

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China's Ant Group will see its capital increased to CNY 30 billion (roughly Rs. 35,377 crores) from CNY 8 billion (roughly Rs. 9,434 crore) with its consumer finance unit introducing 4 new strategic investors, an exchange filing released on Friday said.

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