Warburg Pincus invests $106m in IndiaFirst Life
Warburg Pincus has agreed to acquire a 26% interest in IndiaFirst Life Insurance from UK-based Legal & General Group for INR7.1 billion ($106 million).
Legal & General Group co-founded IndiaFirst in 2009 and is now looking to refocus its insurance operations on the UK and US. The company's partners, Indian financial institutions Bank of Baroda and Andhra...
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