PE cos Advent, Multiples to invest Rs 1,930 crore in Ananya Birla’s Svatantra Microfin

Advent International and Multiples to invest INR 1,930 Crores or $230M in Ananya Birla’s Svatantra Microfin, marking the largest private equity investment in India's microfinance sector. Svatantra recently acquired Chaitanya India Fin Credit Limited. The transaction is subject to regulatory approvals from the Reserve Bank of India and Competition Commission of India.
Read The Rest at :