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Avendus Future Leaders Fund III invests Rs 140 Cr in PPFAS, eyes Rs 1,800 Cr final close
The investment in Parag Parikh Financial Advisory Services was made through a secondary share purchase from the promoters. Avendus Future Leaders Fund III has deployed 30% of its capital and expects to make five to six more investments over the next year.
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economictimes.indiatimes.com
Avendus set for final close of Future Leaders Fund-III at Rs 1,800 crore - The Economic Times
The fund’s latest investment is a Rs 140 crore secondary purchase of promoter shares in Parag Parikh Financial Advisory Services (PPFAS).
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Avendus fund buys PPFAS stake worth Rs 140 crore from promoters
Avendus Future Leaders Fund III has acquired nearly a 1% stake in Parag Parikh Financial Advisory Services for around Rs 140 crore through a secondary transaction, backing one of…
