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Warburg to infuse Rs 500 cr more in Truhome; CEO says biz scale in place for IPO
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Warburg to infuse Rs 500 cr more in Truhome; CEO says biz scale in place for IPO
Mumbai, Oct 5 (PTI) Affordable housing segment focused Truhome Finance is set to receive another Rs 500 crore fund infusion from its largest shareholder Warburg Pincus later this month, a top official has said. This will take the private equity major's overall investment in the entity, which was formerly known as Shriram Housing Finance, to over Rs 2,000 crore. "Warburg invested Rs 1,200 crore in fresh funding and Rs 400 crore in compulsorily co…
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