This lender is now Blackstone’s No.2 India bet after raising fresh capital

By Beena Parmar

  • 25 Jun 2020
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Credit: 123RF.com

Blackstone Group has injected an additional amount into a financial services company that it had acquired last year, making it its second-largest India investment after software services provider Mphasis Ltd. The world’s largest private equity firm invested Rs 500 crore ($66 million) in Aadhar Housing Finance Ltd in March to shore ......

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