KKR and Sequoia Capital Lead USD234m Investment in Indian NBFC Five Star Business Finance

Source(s): AVCJ

KKR and Sequoia Capital India led a USD234m investment in India-based non-banking financial company Five Star Business Finance, with participation from Norwest Venture Partners and TVS Capital, at a reported USD1.4b valuation. The deal facilitated an exit for Morgan Stanley Private Equity Asia. Read more