EQT completed the acquisition of Niwas Housing Finance from IndoStar Capital Finance for $58m.

EQT, a global investment organization that focuses on private equity, real assets, and credit, completed the acquisition of Niwas Housing Finance, a provider of affordable housing loans from IndoStar Capital Finance for $58m. “India’s retail lending sector continues to offer exciting opportunities and is a key investment theme for EQT in India. With the acquisition of Niwas, we are deepening our commitment to the sector following our investment in the education finance space through Credila last year. We look forward to supporting Niwas in scaling operations across India, accelerating digital transformation, and enhancing governance,” Hemant Sharma, EQT Partner.