Is CDC group sitting pretty on its eight-year investment in Equitas?

By Ankit Agarwal

  • 01 Mar 2021
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Credit: 123RF.com

Equitas Holdings has bumped up CDC group’s total investment 1.7 times eight years after the UK's development finance institution first invested. Going by VCCircle estimates, this works out to an IRR (internal rate of return) of about 8% on the total investment in the listed holding company for Equitas Small Finance ......

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