PE-VC Fund Investments
IFC invests Rs.920-Cr in Aditya Birla Capital
International Finance Corporation (IFC) is to invest INR 920 crore in Mumbai-based, publicly listed Aditya Birla Capital . The deal is part of the company's INR 4,000 crore preferential share issue including to its promoter group unit Grasim Industries (which invested INR 2,880 crore). Aditya Birla Capital is the financial services arm of the Aditya Birla Group and operates a diverse portfolio, including lending, insurance, and asset management businesses. The company intends to use the new capital to augment resources for its lending businesses, fund growth initiatives, and support investments in subsidiaries and joint ventures.
Between Jul 2017 and Sep 2019, Aditya Birla Capital had attracted about $ 401 M from Advent International, PremjiInvest and others. (Subscribers to the database can login to view the valuation, deal structuring and other transaction details.) For FY25, Aditya Birla Capital had reported about INR 15,419 Cr in Operating Income and about INR 2,957 Cr in PAT. (Subscribers to the database can login to view the detailed financials.)
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