Bain Capital has also committed $120 million in primary capital, to facilitate the NBFC's ongoing growth. Additionally, Bain Capital will make available to the Company a $50 million liquidity line in the form of non-convertible debentures.
“The transaction will buy out 100% of the Adani family’s private investments in the company, with Gaurav Gupta fully rolling his stake in the company and continuing to serve as Managing Director and CEO," the release said.
“The company has strong business fundamentals, an experienced team, with ability to serve and expand to core segments like agriculture, housing and to underbanked rural areas," said Rishi Mandawat, Partner, Bain Capital.
Esta historia es de la edición July 24, 2023 de Mint Mumbai.
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