Mumbai, July 03: Rating agency ICRA has picked up 33 per cent equity stake in Online Indiacapital.com Ltd, a city- based promoter of MutualFundsIndia.com, for an undisclosed amount. "The acquisition is an expression of our interest in the mutual fund sector", ICRA managing director P K Choudhury told newspersons on Thursday.
It also seeks to establish synergy between ICRA's analytical expertise and Online Indiacapital's capabilities in the online domain, he added. Bureau Report