Private equity firm TPG has led a $100 million (Rs. 685 crores) investment round in Five Star Business Finance Ltd, which makes loans primarily to small and medium businesses.
Existing investors Norwest Venture Partners, Morgan Stanley and Sequoia Capital also invested in Five Star alongside TPG Capital Asia.
Rajaram Legal acted for Five Star with a team led by Partner Priyadarshani Sherchan along with Associates Aakanksha Pagnis and Hemanth Joseph.
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