US fund Creation Investments India LLC has invested an initial Rs. 50 crore in Muthoot Microfin..As part of the transaction, an additional Rs. 50 crore will be invested by March 2018, for a 9% stake in Muthoot Microfin. It will also have an option to invest an additional Rs. 30 crore later..J Sagar Associates acted for Creation through a team led by Partner Lalit Kumar, along with Senior Associates Arnav Joshi and Bharati Joshi and Junior Associate Amandeep Singh Virk..AZB & Partners represented Muthoot Microfin on the deal..Muthoot Microfin, a part of the Muthoot Pappachan Group, operates a diverse microfinance business across nearly 346 branches in India. The investment by Creation is the first private equity investment in the Muthoot Pappachan Group.
US fund Creation Investments India LLC has invested an initial Rs. 50 crore in Muthoot Microfin..As part of the transaction, an additional Rs. 50 crore will be invested by March 2018, for a 9% stake in Muthoot Microfin. It will also have an option to invest an additional Rs. 30 crore later..J Sagar Associates acted for Creation through a team led by Partner Lalit Kumar, along with Senior Associates Arnav Joshi and Bharati Joshi and Junior Associate Amandeep Singh Virk..AZB & Partners represented Muthoot Microfin on the deal..Muthoot Microfin, a part of the Muthoot Pappachan Group, operates a diverse microfinance business across nearly 346 branches in India. The investment by Creation is the first private equity investment in the Muthoot Pappachan Group.
