Buyout-focused private equity fund Arpwood Partners on Monday said it has acquired a majority stake in SEWA Grih Rin (Sitara) Ltd with an equity commitment of Rs 680 crore.Sitara is an affordable housing finance company of the Self-Employed .
Arpwood Partners has committed to invest Rs 680 crore and acquire a majority stake in SEWA Grih Rin. The company has assets under management (AUM) of about Rs 1,200 crore with 25,000+ customers.
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