Wednesday, September 30, 2020

Warburg Pincus to acquire 30% stake in Home First Finance

In this secondary round, existing investors True North Capital, and Bessemer Ventures will sell part of their stake to Warburg. Home-grown private equity firm True North Capital, along with co-investor GIC owns about 74% of HFFC. Another 16% stake is held by VC fund Bessemer Ventures, and the rest is with the management.

source https://economictimes.indiatimes.com/industry/banking/finance/warburg-pincus-to-acquire-30-stake-in-home-first-finance/articleshow/78412406.cms

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