Actis to launch $220m India NBFC
Actis Capital has launched an Indian non-banking finance company (NBFC) in which it will invest up to $220 million over the next five years.
The NBFC, Profectus Capital, will focus on lending to Indian small and medium-sized enterprises (SMEs) across a range of sectors. KV Srinivasan, the former head of Indian small business lender Reliance...
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