Indian mortgage lender Shubham raises $112m led by UK's BII, LeapFrog, others

Indian mortgage lender Shubham raises $112m led by UK's BII, LeapFrog, others

Photo: Reuters

Shubham Housing Development Finance on Wednesday said it has raised $112 million in a round led by British International Investment (BII), LeapFrog Investments, Asian Development Bank (ADB) and existing backer Premji Invest, billionaire Azim Premji’s investment firm.