
Multiples invests $35m in Indian NBFC
Indian private equity firm Multiples Alternative Asset Management has invested INR2.5 billion ($34.8 million) in non-banking finance company (NBFC) APAC Financial Services.
APAC founder Gunit Chadha and members of the management team invested an additional INR1.5 billion, according to a Livemint report posted to the NBFC’s LinkedIn page. The transaction will give Multiples...
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