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IFC may invest in Jerry Rao’s Value & Budget Housing

BY  TEAM VCC
VBHC, whose backers include India’s largest mortgage lender HDFC & global PE major Carlyle, is planning $24m capex.

International Finance Corporation, the private investment arm of World Bank, is looking to pick up stake in Value & Budget Housing Corporation – the low-cost housing venture backed by Indian IT poster boy Jerry Rao (founder of MphasiS...

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