Bain Capital Invests Rs 4,835 Crore in Manappuram Finance for 18% Stake
2025-03-20
Business Standard
In a significant investment move, Bain Capital, through its affiliates BC Asia Investments XXV and BC Asia Investments XIV, has acquired joint control in Manappuram Finance with a massive investment of Rs 4,835 crore for an 18% stake. This strategic move is expected to boost the financial services sector, with private equity investments playing a crucial role in driving growth. With this deal, Manappuram Finance is poised to expand its operations and strengthen its position in the market, leveraging Bain Capital's expertise in financial investments and portfolio management. Key players in the industry are eyeing this development, as it may spark a wave of similar investments in the financial sector, driving economic growth and development.
