Goldman Sachs-backed NewDoor valued at $40 mn as HDFC bets on student housing co

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Housing Development Finance Corporation (HDFC) has agreed to pick up 25% stake in Good Host Spaces Pvt. Ltd, which offers student housing facilities under the brand name NewDoor (previously Yoho), for Rs 69.5 crore (a little less than $10 million) in a cash deal. As part of the transaction, HDFC will ......