April 26, 2026

Warburg Pincus

Avanse raises Rs 1,200 crore through rights issue

Avanse raises Rs 1,200 crore through rights issue

admin02 mins

MUMBAI: Avanse Financial Services on Jan 5 in Mumbai said it raised around Rs 1,200 crore through a rights issue from existing shareholders to fund the next phase of growth by expanding education lending, strengthening products and improving balance sheet capacity.The education-focused NBFC said the capital was raised from Warburg Pincus through its affiliate Olive…

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After MG Motor, another Chinese co. gets Indian partner: Sunil Mittal's Bharti Enterprises buys stake in consumer appliances maker Haier's local ops

After MG Motor, another Chinese co. gets Indian partner: Sunil Mittal’s Bharti Enterprises buys stake in consumer appliances maker Haier’s local ops

admin03 mins

Sunil Mittal (File photo-ANI) New Delhi: Bharti Enterprises and Warburg Pincus on Wednesday announced a strategic investment in Haier India, a subsidiary of Chinese consumer electronics maker Haier Group, picking up a collective 49% stake in the company. This is the second Chinese company to have sold a significant stake in its Indian operations after…

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