Blackstone Reportedly Plans Rs 5,000 Crore Investment for 15% IIFL Finance Stake
The proposed investment is part of a capital infusion exceeding Rs 6,200 crore, with IIFL Finance promoters Nirmal Jain and R Venkataraman also participating, according to a report.
The proposed investment forms part of a capital infusion exceeding Rs 6,200 crore, with promoters Nirmal Jain and R Venkataraman also participatingUS-based alternative investment firm Blackstone is set to invest around Rs 5,000 crore for a 15 per cent stake in IIFL Finance, according to a report by…