India's Wadhawan Group to set up PE funds
Wadhawan Group, a conglomerate controlled by the Wadhawan family which also runs housing finance company DHFL, plans to launch multiple private equity funds to expand its financial services operations.
The funds will be launched under ArthVeda Fund Management, which was earlier known as DHFL Venture Capital. "The plan is to have INR50 billion ($996 million) of assets under management in the next five...
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