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New Deal


Announced

Completed

Nuveen led a $30m funding round in AVIOM India Housing Finance.

Financials

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Transaction Value£24m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Tags

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India

Friendly

Venture Capital

Private Equity

Cross Border

Acquisition

Minority

housing finance company

Real Estate Services

Private

Completed

Single Bidder

Synopsis

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Nuveen, a private equity firm, led a $30m funding round in AVIOM India Housing Finance, an affordable housing finance company facilitating families in mostly semi urban areas in realising their dream of owning their first home. “We are delighted to partner with Nuveen. The fundraise will propel the company’s loan book and expand its operations into newer geographies to meaningfully support low-income households. With this, we propose to extend financial assistance to around 60,000+ families in the next FY by disbursing approximately INR12bn,” Kajal Ilmi, AVIOM India Housing Finance Managing Director and CEO.

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