SCPE commits $50m to India's IFMR, LeapFrog to part exit
Standard Chartered Private Equity (SCPE) has committed $50 million to Indian non-banking finance company (NBFC) IFMR Capital, providing an exit for LeapFrog Investments.
The investment will be made in multiple tranches, with the first tranche of $17 million already committed. IFMR will use the capital to create new products, expand its client base and enter new sectors,...
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