🚀 Medial Secures Investment on Shark Tank India - Fueling the Future of Professional Social Networking. 🔥

Startup Showcase

Premium Content

Try our Valuation Calculator →

News on Medial

PE firm EQT acquires Indostar Home Finance for Rs 1,750 Cr

YourStory

YourStory · 11m ago

PE firm EQT acquires Indostar Home Finance for Rs 1,750 Cr

Private equity firm EQT has agreed to acquire a 100% stake in Indostar Home Finance for INR 1,750 crore ($210 million). Indostar Home Finance, a subsidiary of Indostar Capital Finance Limited, offers affordable mortgages in tier 2 to tier 4 cities in India. It has achieved a 32% compounded annual growth in the last three years, with assets under management exceeding INR 2,400 crore. The investment will support the company's expansion plans and digital transformation journey. India's affordable housing finance sector is seen as a long-term growth opportunity due to government support and rising affordability.

Related News

EQT-controlled Sagility acquires US firm BroadPath for $58 mn

VCCircle

VCCircle · 7m ago

EQT-controlled Sagility acquires US firm BroadPath for $58 mn

Sagility, an Indian tech services firm under Sweden's EQT, acquired US-based BroadPath Healthcare Solutions for $58 million. This acquisition aims to diversify Sagility's clientele and expand its service capabilities. BroadPath, with a work-from-home model and 1,600 employees, serves over 30 new clients with offerings like member engagement and claims administration. The deal enhances Sagility's market position and is expected to boost its earnings per share and shareholder value.

Why this Swedish PE firm is willing to bet $5 billion in India this year

Livemint

Livemint · 1y ago

Why this Swedish PE firm is willing to bet $5 billion in India this year

Swedish private equity firm EQT is planning to invest about $5 billion in India this year, following its $2 billion investment in the country last year. The firm, which acquired Baring Private Equity Asia in 2022, currently has a pipeline of deals worth $5 billion in advanced stages of negotiations. EQT is expanding its investment focus beyond IT services to sectors like healthcare and financial services. The firm has invested $9.45 billion in India over the past five years and has seen success in IT services investments such as Coforge and Hexaware Technologies.

PE firm Xponentia Capital hits final close of second fund with oversubscription

VCCircle

VCCircle · 1y ago

PE firm Xponentia Capital hits final close of second fund with oversubscription

Indian private equity firm Xponentia Capital has successfully closed its second fund, the Xponentia Opportunities Fund II, with oversubscription. The fund specializes in mid-market investments and has backed companies like Barbeque Nation, The Souled Store, and Easy Home Finance.

TVS Holdings acquires 80.74% stake in Home Credit India for Rs 554 Cr

YourStory

YourStory · 6m ago

TVS Holdings acquires 80.74% stake in Home Credit India for Rs 554 Cr

TVS Holdings Limited acquired an 80.74% stake in Home Credit India for Rs 554 crore, with the rest acquired by Premji Invest and TVS associates. This move enhances TVS Holdings' financial services presence, aiming to boost financial inclusion. The acquisition includes Home Credit India's vast customer base and network, contributing to a Rs 33,000 crore lending book for TVS. The acquisition, funded by real estate asset sales and borrowings, promises synergies and growth in profitability.

Bajaj Housing Finance files papers for Rs 7,000-cr IPO

YourStory

YourStory · 1y ago

Bajaj Housing Finance files papers for Rs 7,000-cr IPO

Bajaj Housing Finance intends to raise Rs 7,000 crore through an initial public offering (IPO). The IPO includes a fresh issue of equity shares worth Rs 4,000 crore and a sale of equity shares worth Rs 3,000 crore by its parent company, Bajaj Finance. This move is in compliance with the Reserve Bank of India's regulations, which require non-banking finance companies to be listed on stock exchanges by September 2025. The funds raised will be used to strengthen Bajaj Housing Finance's capital base. The company offers various mortgage products, such as home loans and loans against property.

Credila backer EQT pockets big cheque from returning LP for new Asia fund

VCCircle

VCCircle · 6m ago

Credila backer EQT pockets big cheque from returning LP for new Asia fund

EQT, a Swedish private equity firm, has secured significant investment from a returning limited partner for its new flagship Asia fund. This firm, which controls Credila Financial Services and Indira IVF, is aiming to raise $12.5 billion for BPEA Private Equity Fund. Jean Eric Salata, Chairperson of EQT Asia and Head of Private Capital Asia, is leading this initiative as EQT continues its investment endeavors in the Asian market.

Tata Steel, Hindalco, APL Apollo Tubes: 3 metal stocks to buy, share price targets

Business Today

Business Today · 6m ago

Tata Steel, Hindalco, APL Apollo Tubes: 3 metal stocks to buy, share price targets

Axis Securities recommends three metal stocks: Tata Steel, Hindalco, and APL Apollo Tubes. For Hindalco, the target price is Rs 710; for APL Apollo Tubes, it is Rs 1,750; and for Tata Steel, it is Rs 155.

PE firm Trident Growth Partners lays out timeline for closing inaugural fund

VCCircle

VCCircle · 3m ago

PE firm Trident Growth Partners lays out timeline for closing inaugural fund

Trident Growth Partners, a private equity firm founded by former professionals from PremjiInvest and International Finance Corporation, is progressing towards the final close of its inaugural fund. The firm has successfully raised Rs 1,050 crore ($117 million) so far for this maiden fund, with plans to complete the process soon. This marks the initiation of their investment journey targeting various sectors, leveraging the expertise of its seasoned managing partners.

IPO plans of WeWork India, PE-backed Indira IVF and Star Agriwarehousing hit a wall

VCCircle

VCCircle · 5m ago

IPO plans of WeWork India, PE-backed Indira IVF and Star Agriwarehousing hit a wall

The IPO plans of WeWork India, Indira IVF, and Star Agriwarehousing have faced setbacks. Indira IVF, backed by Swedish PE firm EQT, withdrew its IPO draft for unspecified reasons. Star Agriwarehousing's IPO documents were returned by SEBI, which involved fresh shares and an offer for sale by Temasek. Additionally, WeWork India's IPO application has been held in abeyance by the regulator, with plans to offload stakes from Embassy Group and WeWork Inc.

Multiples PE-backed Vastu Housing raises fresh capital from foreign investor

VCCircle

VCCircle · 1y ago

Multiples PE-backed Vastu Housing raises fresh capital from foreign investor

Multiples Private Equity-backed mortgage lender, Vastu Housing Finance Corporation, has secured funding from an international development finance body to cater to the housing credit needs of low-income groups and women. The Mumbai-based firm aims to address the demand for housing finance that specifically targets women. Vastu Housing Finance Corporation focuses on providing mortgages for affordable homes.

Trackers

Active Indian VC’s

OG Capital Email

With a hands-on approach, OG Capital aims to invest in over 20 promising...

Accel Partners Email

Early and growth-stage investments in disruptive technology companies with...

Early-stage venture capital firm investing in technology startups in India. Focus on...

Access All Trackers

Startup Showcase Winners

June 2025

Helping your parents when you are miles away

The Pit Stop Your Cravings Deserve

The next generation E-commerce platform

Enter Ongoing Startup Showcase

Top Users

Trending News on Medial

Just Months After Promotion, Open ...

Exclusive: Robotics startup Miko ...

“Your Phone Is Outdated”: Sam Alt ...

Download the medial app to read full posts, comements and news.