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Apax makes maiden bet on a private bank in India

By Bruhadeeswaran R

  • 11 May 2017
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Apax makes maiden bet on a private bank in India
Credit: Shah Junaid/VCCircle

Global private equity firm Apax Partners, which has backed a few private non-banking finance companies (NBFCs) in the past few years in India, has picked up a minority stake in its first known investment in an old private-sector bank.The fund, which made a profitable exit from Cholamandalam Investment and Finance ......

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