Announced
Financials
Tags
Cross Border
micro finance
consumer loans
Private
Friendly
Single Bidder
India
Consumer Lending
Acquisition
Minority
Private Equity
Pending
Synopsis
Private equity firms Advent International and Multiples Private Equity, agreed to invest $230m in Svatantra Microfin, a financial and non-financial solutions provider to rural entrepreneurs. “This investment by Advent and Multiples marks a momentous occasion for us. My team and I are grateful to have investors on board who share our vision. This transformative era for Svatantra, propels us towards our goal of becoming the foremost and most impactful microfinance institution, creating a conducive environment for entrepreneurs who fuel India’s growth story," Ananya Birla, Svatantra Chairperson.
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.