Current Affairs · Mergers and Acquisitions
Shriram Housing Finance underwent corporate restructuring and rebranding to target the affordable housing sector. Which one of the following combinations correctly reflects the acquisition investment by Warburg Pincus, the newly adopted brand name of the entity, and the co-investor partnering with Warburg Pincus?
- 1₹1,225 crore, Mango Housing Finance, and Qatar Investment Authority (QIA)✓
- 2₹1,250 crore, Truhome Finance, and Tiger Global
- 3₹1,125 crore, Truhome Finance, and Peak XV
- 4₹1,525 crore, TrueHousing Finance, and SoftBank
Correct answer
₹1,225 crore, Mango Housing Finance, and Qatar Investment Authority (QIA)
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