Advent International, Multiples jointly invest $230m in India's Svatantra Microfin

Advent International, Multiples jointly invest $230m in India's Svatantra Microfin

Photo: Reuters

Private equity (PE) firms Advent International and Multiples have together invested Rs 1,930 crore ($230 million) in Svatantra Microfin in a deal that marks the largest investment by institutional investors in India’s microfinance sector.

Edited by: Padma Priya