The Financial Express
 
 
 
 

 

 
   CORPORATE
Monday, October 15, 2001 

Home Trade plans to invest Rs 100 crore in 2-3 years

New Delhi, Oct 14: When Home Trade Ltd, owners of popular financial portal hometrade.com say “life means more,” they mean it.
The company is targeting Rs 100-crore investment in the next 2-3 years for expanding its financial services through physical, mobile and Internet mode in 100 cities.

“We are planning a toll-free mobile transaction facility in 30 cities and it will spread out to 100 cities in 2-3 years. We will also introduce e-transaction facilities shortly. We have earmarked Rs 100 crore investment,” Home Trade senior vice-president Hiren Gada said on Sunday.

The expansion would be funded mainly through internal resources, he said.

— PTI

 
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