Announced
Completed
Financials
Sources
Tags
India
car financing
Consumer Lending
Acquisition
Minority
Completed
Single Bidder
Friendly
Domestic
Private
Private Equity
Synopsis
Premji Invest, a multi-family office specializing in private equity and venture capital investments, completed a $90m investment in TVS Credit Services, a car finance and loan company. "We are delighted to partner with TVS Credit in their journey to drive financial inclusion by providing easier access to a range of affordable and innovative financial products. TVS Credit proposes to leverage technology and digital partnerships through an omni-channel approach to widen its customer base and to significantly reduce friction involved in traditional financing. We are confident that the company, given its parentage, will achieve great success and continue to build significant value for all stakeholders," TK Kurien, Premji Invest CEO and Managing Partner.
Search a database of more than 250,000 verified dealmakers
Receive automated updates on global transactions
Follow the activity, relationships and transactions of top dealmakers
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.