EQT to acquire Indostar Home Finance from Indostar Capital Finance for $210m.

EQT, a global investment organization, agreed to acquire Indostar Home Finance, a housing finance loan company offering affordable home loans, from Indostar Capital Finance, a structured term financing solutions provider, for $210m. "Retail lending is a key investment theme for EQT within financial services in India. Building on our investment in the education finance sector through HDFC Credila last year, we are thrilled to welcome Indostar Home Finance to our portfolio. India's affordable housing finance sector represents a long-term growth opportunity supported by secular demand drivers, favorable government policies and resilient asset quality across economic cycle," Ashish Agrawal, EQT Partner, Private Capital Asia advisory team.