The acquisition will be funded through a preferential issue of equity shares worth about $1.89 billion, following which Encora's shareholders are expected to own around 20% of Coforge's share capital
Deal likely values home-appliance maker at ₹15K cr; China parent stays largest shareholder
The transaction highlights investor interest in artificial intelligence-based digital businesses that automate processes and reduce employee time spent on procedural tasks
Truhome Finance (formerly known as Shriram Housing Finance) on Friday said it has received a fresh capital infusion of Rs 417 crore from its majority shareholder, US-based private equity firm Warburg Pincus. As the company recently crossed the Rs 20,000 crore in assets under management (AUM) milestone in September 2025, this investment strengthens the company's balance sheet and supports its next phase of expansion, Truhome Finance said in a regulatory filing. With this capital infusion, Truhome's net worth now exceeds Rs 4,000 crore, it said. Warburg acquired the company in December 2024, and following this round, their shareholding in the company now stands at 98.59 per cent, it said. Over the past two years, it said, Truhome has doubled its AUM from Rs 10,000 crore in August 2024 to Rs 20,000 crore in September 2025. The company has expanded its network to 200 branches with a dedicated team of nearly 5,000 employees serving customers across India, it said. Truhome Finance MD
He further mentioned that, aside from the fund infusion, the company has the "scale and figures" needed for an initial public offering
Warburg Pincus sells entire 10.3% stake in Home First Finance for Rs 1,307 crore via block deal to Kotak MF, Fidelity, and Tata AIG, sending shares up 6.4%
Haier's Chinese parent may offload 49% in Indian arm at ₹6,000 crore, far below its initial $2 bn ask; deal includes brand fees, staff equity, and a planned IPO within 2 years
A special resolution to allow Warburg Pincus affiliate Currant Sea Investments to nominate a non-executive director failed to get the required 75% shareholder approval
The special resolution received 64.1 per cent of the votes, falling short of the required 75 per cent threshold for it to pass
Fusion Finance shares jumped as its Rs 800-crore rights issue saw 1.5x oversubscription, driven by strong backing from promoters and institutional investors
The bank's board approved preferential issue of equity capital (CCPS) amounting to ₹7,500 crore to Currant Sea Investments B.V. and Platinum Invictus B 2025 RSC.
Says he expects a fall in the cost of funding after the acquisition amid stronger capital position and better credit rating
The sale of Shriram Finance's stake in SHFL was executed through Warburg Pincus' affiliate, Mango Crest Investment Ltd
Highdell Investment, an entity owned by US-based private equity major Warburg Pincus, on Tuesday divested its entire 8.64 per cent stake in Cartrade Tech for a little over Rs 375 crore via an open market transaction. Cartrade Tech is one of India's largest online classifieds and auto auction platforms. According to the bulk deal data available on the NSE, Highdell Investment sold 40.76 lakh shares, amounting to an 8.64 per cent stake in Cartrade Tech. The shares were offloaded at an average price of Rs 920.30 apiece, taking the transaction value to Rs 375.16 crore. Meanwhile, Mirae Asset Mutual Fund purchased 30.22 lakh shares or a 6.4 per cent stake in Cartrade Tech in three tranches, the data showed on the National Stock Exchange (NSE). The shares were picked up at an average price of Rs 920 apiece, taking the aggregate deal value to Rs 278.02 crore. Details of the other buyers of Cartrade Tech's shares could not be identified on the bourse. In June, Warburg Pincus sold an 8.6
Shares of the jewellery retailer rose 9 per cent to end at Rs 597.5 on the BSE
The deal will see Highdell, the Warburg affiliate, sell over 24 million shares at 535 rupees each to Trikkur Sitarama Iyer Kalyanaraman, which currently holds 60.59% in the jeweller
Ebco is one of India's oldest and most prominent furniture fittings and architectural hardware brands, said a company statement
Warburg Pincus, Temasek Holdings and JP Morgan Investment on Monday divested a total of 13 per cent stake in CarTrade Tech for Rs 535 crore through open market transactions. Highdell Investment, an arm of US-based Warburg Pincus, sold the shares of CarTrade Tech while Singapore's sovereign wealth fund Temasek Holdings' affiliate MacRitchie Investments offloaded shares of the company on the BSE. CMDB II, a private equity fund run by JP Morgan Investment Management also sold the shares of CarTrade Tech through a bulk deal on the National Stock Exchange (NSE). A total of 64.57 lakh shares or 13.77 per cent stake were pared by Warburg Pincus, Temasek and JP Morgan. According to the bulk deal data available on the BSE, Highdell Investment sold 40.65 lakh shares, amounting to an 8.66 per cent stake in CarTrade Tech. MacRitchie Investments sold 20.32 lakh shares or 4.33 per cent stake in Mumbai-based CarTrade Tech. The shares were sold in the price range of Rs 828-828.58 apiece by the tw
Avanse is the first education-focused NBFC looking to go public
The company, promoted by Olive Vine Investment Ltd, an affiliate of private equity major Warburg Pincus, proposes to use the funds to increase its capital base for future needs