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Germany's DEG to back Indian affordable housing fund

By Debjyoti Roy

  • 05 Mar 2019
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Germany's DEG to back Indian affordable housing fund
Credit: Thinkstock

German development finance institution Deutsche Investitions- und Entwicklungsgesellschaft (DEG) is coming in as a limited partner (LP) for an affordable housing fund floated by an Indian investment firm, a person familiar with the development told VCCircle. DEG will invest $25 million (Rs 177 crore) in IIFL Asset Management Ltd’s India Housing ......

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