.
MergerLinks Header Logo

New Deal


Announced

Completed

Norwest Venture Partners, Creation Investments, and IIFL Asset Management led a $200m round in Vastu Housing Finance.

Financials

Edit Data
Transaction Value£145m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

Edit

Tags

Edit

Single Bidder

India

Acquisition

Financial Data and Systems

Friendly

Cross Border

Minority

Venture Capital

housing finance

Completed

Private Equity

Private

Synopsis

Edit

Norwest Venture Partners, a venture capital firm, Creation Investments, an investment manager, and IIFL Asset Management, an asset management firm, led a $200m round in Vastu Housing Finance, a housing finance company. “With this investment, Vastu will further consolidate operations in 13 states its currently present and build products to provide easy, faster and affordable credit for 900 million population residing in these states," Sandeep Menon, Vastu Co-Founder and CEO.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US