Bain Capital Invests Rs 4,385 Crore in Manappuram Finance for 18% Stake
2025-03-20
Moneycontrol
In a significant development, Manappuram Finance has sealed a major deal with Bain Capital Asia, wherein the private equity giant will invest a whopping Rs 4,385 crore to acquire an 18% stake in the non-banking financial company (NBFC). As part of the agreement, Bain Capital will purchase shares and warrants, subsequently being classified as a promoter. This strategic investment is poised to bolster Manappuram Finance's growth trajectory, with the private equity firm's expertise expected to drive expansion and innovation in the financial services sector, including digital lending and financial inclusion.
