Multiples Private Equity led a $146m round in Veritas Finance.

Multiples Private Equity, a private equity firm, led a $146m round in Veritas Finance, a financial services firm, with participation from IFC, British International Investment, Lok Capital and Avendus. “Veritas is on a secular compounding journey, and we are excited to partner with an investor like Multiples who has admirable understanding of the financial services space. In addition to Multiples, the current capital raise will also see Avendus FLF, known for backing future leaders, partnering with Veritas. The fresh capital raised will provide significant runway for growth, help deepen our existing offerings and expand into the affordable housing space. We strongly believe these partnerships will further catalyse our mission to serve the underserved," Arulmany Duraisamy, Veritas MD & CEO.