Multiples Private Equity led a $120m Series F funding round in Shubham Housing Development.

Multiples Private Equity, an Indian private equity investment platform, led a $120m Series F funding round in Shubham Housing Development, a housing finance company in India, with participation from Asian Development Bank and British International Investment. “This is a significant milestone for the Company, and we are pleased to welcome aboard Multiples, an investor with an entrepreneurial DNA. As Shubham embarks on its next phase of growth, we will continue to deepen our footprint and help lakhs of households realize their dream of owning a house,” Sanjay Chaturvedi, Shubham ED and CEO.