India: PE firm Arpwood Partners to buy majority stake in housing finance firm Sitara for $82m

India: PE firm Arpwood Partners to buy majority stake in housing finance firm Sitara for $82m

Source: Freepik

SEWA Grih Rin Ltd (Sitara) has signed an agreement with buyout-focused private equity firm Arpwood Partners and some existing investors to raise Rs 705 crore ($84.65 million) in equity for financing its business growth.

Edited by: Joymitra Rai