KKR, Sequoia lead $234m round for Indian NBFC
KKR and Sequoia Capital India have led a $234 million investment in Indian non-banking financial company (NBFC) Five Star Business Finance at a valuation of $1.4 billion.
Norwest Venture Partners and TVS Capital also participated. KKR is investing via its Global Impact Fund, which closed at $1.3 billion in 2018. The deal comprises a combination of primary and secondary...
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