Warburg Pincus wins a heated race for Shriram Group’s housing finance biz

The US-based investment giant beat Bain Capital and other suitors for Shriram Housing Finance with a ₹4,630-crore deal.Shriram Group plans to increase focus on its new ventures in a bid to boost its cash component in the books—a key reason why it has been looking to sell the housing finance arm

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