Advent International and Multiples to invest $230m in Svatantra Microfin.

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.