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Shriram Finance

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Grapevine: Biocon, Shriram Finance plan to sell units; Footpath Ventures eyes IPL franchise

General

15 December, 2023

Grapevine: Biocon, Shriram Finance plan to sell units; Footpath Ventures eyes IPL franchise

Biocon Ltd is considering a plan to sell its generic active pharmaceutical ingredient (API) business to lower its debt, a ......

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Shriram Finance raising $500 mn via offshore vehicle, gets anchor investor

Finance

11 December, 2023

Shriram Finance raising $500 mn via offshore vehicle, gets anchor investor

Non-bank financial company Shriram Finance Ltd is raising as much as $500 million (Rs 4,170 crore) through an offshore vehicle will help ......

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TPG scores partial exit as part of hectic monetisation drive in 2023

Manufacturing

28 August, 2023

TPG scores partial exit as part of hectic monetisation drive in 2023

Private equity firm TPG, which manages over $139 billion in assets globally, has scored a multi-bagger exit from a five-year-old ......

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TPG signs off from Shriram Finance on a forgettable note

Finance

19 June, 2023

TPG signs off from Shriram Finance on a forgettable note

Private equity major TPG, which built a strong investment partnership with Shriram Group over nearly two decades with bets across multiple ......

BPEA EQT, other PE firms eye stake in Shriram Finance's housing arm

Finance

15 March, 2023

BPEA EQT, other PE firms eye stake in Shriram Finance's housing arm

Indian shadow lender Shriram Finance is looking to pare as much as 15% stake in its housing finance arm at ......

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Apax Partners completes nearly $400 mn India exit with poor returns

Finance

09 March, 2023

Apax Partners completes nearly $400 mn India exit with poor returns

Private equity major Apax Partners, which has been focusing on harvesting its Indian portfolio in the recent past, has signed ......

Apax Partners to sell its entire stake in Shriram Finance

Finance

13 January, 2023

Apax Partners to sell its entire stake in Shriram Finance

Private equity major Apax Partners LLP is likely to sell its entire 4.63% stake in non-bank lender Shriram Finance in ......

Shriram Finance looking at rating upgrade post merger

Finance

05 December, 2022

Shriram Finance looking at rating upgrade post merger

Shriram Finance Ltd, the merged non-bank financer of the Shriram group, expects a credit rating upgrade to AAA due to ......