ADIA stares at a paper loss as KKR India NBFC’s valuation takes a hit

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Credit: 123RF.com

KKR India Financial Services Ltd, the local lending arm of private equity firm KKR & Co., has marked down its equity value after suffering heavy losses, people familiar with the development told VCCircle. The non-banking finance company’s valuation has taken a hit over the past few quarters as it booked massive ......

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