Lok Capital made a partial exit by selling part of its stake for approximately ₹1191.3 crores ($145 million) to Multiples Private Equity Fund III and Avendus Future Leaders Fund II.
Tamil Nadu-based finance firm raises ₹1,200 crore investment thehindu.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindu.com Daily Mail and Mail on Sunday newspapers.
Veritas Finance Private Limited has raised Rs1,050 crore from Multiples Private Equity along with its co-investors including International Finance Corporation (IFC) to expand access to capital for Indias micro, small and medium enterprises, stated a press release.