Malaysian PE firm Creador picks up 19.6% stake in India's Hinduja Tech for $50m

Malaysian PE firm Creador picks up 19.6% stake in India's Hinduja Tech for $50m

Photo: Pixabay

Hinduja Tech, a mobility-focused global engineering R&D services company and a subsidiary of Ashok Leyland, is raising $50 million in funding from Malaysia-headquartered private equity (PE) firm Creador, per an announcement.

Edited by: Joymitra Rai