ChrysCap follows SCPEL in partial exit from Mahindra & Mahindra
Days after Standard Chartered Private Equity was said to be in the process of partially exiting its stake in Indian rural-focused, auto finance firm Mahindra & Mahindra Financial Services, news has surfaced that ChrysCap has also partially exited the company, selling a 3.1% stake for approximately INR199 crore ($43.7 million).
According to local reports, the figure represents approximately one third of its full stake in Mahindra & Mahindra Financial Services. ChrysCap has been an investor in the company for at least four and...
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