Affirma strikes first new India deal after MBO by StanChart PE execs

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Affirma Capital, a private equity firm set up by the former management team of Standard Chartered Private Equity late last year, has sealed its first new transaction in India, according to a person close to the development. Affirma has invested around $40-45 million (Rs 275-309 crore) in Paonta Sahib, Himachal Pradesh-based ......