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Warburg Pincus Raises Stake In IPO-bound Home First Finance Company To 30 62%

Warburg Pincus raises stake in IPO-bound Home First Finance Company to 30.62% In October last year, the private equity investor had picked up 25 percent stake in the Mumbai-based private lender for Rs 700 crore from existing marquee PE firm shareholders. January 14, 2021 / 03:54 PM IST Global private equity firm Warburg Pincus has increased its stake in the IPO-bound Home First Finance Company (HFFC) by 5.03 percent The leading affordable housing finance company, on January 14, announced that certain existing shareholders of the company have sold a part of their equity shareholding in the company to Orange Clove Investments B.V., an affiliate of the private equity funds managed by Warburg Pincus.

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