Venture Intelligence (TSJ Media Pvt. Ltd.)
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BII exits IIFL Finance by selling shares worth Rs.453-Cr
British International Investment (formerly CDC Group) has sold its entire stake in publicly-listed IIFL Finance Ltd for INR 453.17 crore.
From the Venture Intelligence PE-VC Deal Database: In Jul 2016, CDC Group had invested in India Infoline Finance Ltd. (a subsidiary of publicly-listed IIFL Holdings Ltd). In Mar 2020, India Infoline Finance Ltd was merged with IIFL Holdings Ltd and the combined entity was named as IIFL Finance Ltd.
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Venture Intelligence (TSJ Media Pvt. Ltd.)
1, Maharani Chinnamba Road; Alwarpet; Chennai - 600018. India.