![HDFC Credila Cashes In On Rise In Study Loans](https://images.assettype.com/fortuneindia%2F2024-07%2F3bbe6019-e496-46ff-b9b1-b3c2bb4a649d%2FCredila_1.jpg?w=300&q=95)
HDFC Credila Cashes In On Rise In Study Loans
India’s largest education loan financier grew its book significantly after global investors EQT and ChrysCapital came on board.
India’s largest education loan financier grew its book significantly after global investors EQT and ChrysCapital came on board.
HDFC Bank sells 14,01,72,180 shares of HDFC Credila to a consortium of private equity companies BPEA EQT and ChrysCapital
HDFC's decision to bring down its stake to 10% in Credila comes after RBI’s mandate as HDFC Bank and HDFC approach their much-talked-about merger
In March, Lenskart announced $500 mn investment from ADIA subsidiary; startup has attracted $850 mn in past 12 months
The acquisition of IDFC Mutual Fund by a consortium of Bandhan Financial Holdings, GIC, and ChrysCapital indicates a new trend of international funds eager to get a piece of the Indian capital market.
The acquisition will be the largest deal in the Indian asset management industry to date.