EQT Acquires Niwas Housing Finance for Rs 500 Crore to Increase Reasonably priced Housing in India, ETCFO
Swedish fund EQT has accomplished the acquisition of Niwas Housing Finance Restricted, previously generally known as Indostar House Finance, from IndoStar Capital Finance Restricted, in line with an organization assertion. EQT will make investments Rs 500 crore ($58 million) as progress capital to help geographic enlargement and improve digital capabilities of Niwas. Based in 2017,…