WEAVER to acquire Capital India Home Loans for $32m.

WEAVER, a housing finance company, agreed to acquire Capital India Home Loans, a housing finance company with focus on affordable home loan offerings, for $32m. “WEAVER proudly announces the execution of definitive documents for strategic acquisition of 100% of the fully diluted equity capital of Capital India Home Loans Limited for a total consideration of Rs 267 crore. This acquisition is a key step in WEAVER’s mission to redefine the landscape and reach of affordable housing finance,” WEAVER.