Warburg Pincus, a global private equity firm, announced that an affiliate of private equity funds managed by Warburg Pincus LLC, has entered into definitive agreements to acquire a majority stake in Vistaar Finance, an NBFC lending to MSMEs in India. Exiting shareholders would include WestBridge Capital (WestBridge), Elevar Equity (Elevar), Omidyar Network India (Omidyar) and…
Tag: Narendra Ostawal
Warburg Pincus plans to invest Rs700 cr in Home First
by
•Warburg Pincus, a US based private equity firm, through it’s affiliate Orange Clove Investments BV has announced that it has entered into an agreement to invest about Rs 700 crore in Home First Finance Company India Ltd on October 2, 2020. The announcement came in from the leading global private equity firm focused on growth…
Warburg Pincus Leads Rs 520 Crore Funding of Delhi-based Fusion Microfinance.
by
•Warburg Pincus LLC, an American private equity firm has acquired a minority stake in Fusion Microfinance, a non-banking financial company (NBFC) for Rs.520 crore ($ 75 million). Creation Investment, an existing investor, has also participated in this round. Investors such as Belgium’s Incofin, NMI, BIO and SIDBI have made successful exits in this round. “This is…