Thursday, October 16, 2025
  • Login
Euro Times
No Result
View All Result
  • Home
  • Finance
  • Business
  • World
  • Politics
  • Markets
  • Stock Market
  • Cryptocurrency
  • Investing
  • Health
  • Technology
  • Home
  • Finance
  • Business
  • World
  • Politics
  • Markets
  • Stock Market
  • Cryptocurrency
  • Investing
  • Health
  • Technology
Euro Times
No Result
View All Result

Warburg Pincus to acquire micro-enterprise lender Vistaar Finance

by Euro Times
October 10, 2022
in Finance
Reading Time: 1 min read
A A
0
Home Finance
Share on FacebookShare on Twitter


Private equity major Warburg Pincus will acquire a majority stake in Vistaar Finance, an NBFC lending to MSMEs in India, the PE fund said on Monday.

Exiting shareholders would include WestBridge Capital, Elevar Equity, Omidyar Network India and Saama Capital. The deal size is not disclosed.

Kotak Investment Banking is the exclusive financial advisor to this Transaction.

Vistaar Finance was founded by Brahmanand Hegde & Ramakrishna Nishtala, veterans in the financial services domain. Vistaar Finance manages an AUM of over Rs2,600 crore.

Started operations in 2010, the Bengaluru-based Vistaar finance provides secured loans to micro, small and medium enterprises across 12 states with 205 branches and over 2,100 employees.

The company provides 100% secured lending across ticket size categories through business and housing loans and targets small businesses such as shops, small manufacturing units, power looms, kirana /general shops, and home-based industries, which do not have access to organised funding for growth.

“We look forward to working with Warburg Pincus to help drive Vistaar’s vision of being a catalyst, enabling the underserved segment to achieve economic independence and social well-being,” said Brahmanand Hegde, Executive Vice Chairman, Vistaar Finance

“We believe micro-enterprises in semi-urban and rural India are underserved by formal sources of credit and we believe Vistaar has the potential to fulfil that need gap and be a driver for broad-based growth on those regions and communities,” said Narendra Ostawal, Managing Director, Warburg Pincus.

Warburg Pincus LLC has more than $85 billion in assets under management.



Source link

Tags: acquirefinancelendermicroenterprisePincusVistaarWarburg
Previous Post

What Harris is doing on abortion rights before the midterms : NPR

Next Post

Hollywood Bowl smashes profit expectations despite living costs crisis | Services sector

Related Posts

Guru Fundamental Report for UBER

Guru Fundamental Report for UBER

by Validea
October 16, 2025
0

Under is Validea's guru basic report for UBER TECHNOLOGIES INC (UBER). Of the 22 guru methods we observe, UBER charges...

57% of undergraduates ‘encountered criminals or had money stolen in past year’

57% of undergraduates ‘encountered criminals or had money stolen in past year’

by Vicky Shaw
October 16, 2025
0

Signal as much as our free cash publication for funding evaluation and knowledgeable recommendation that can assist you construct wealthSignal...

Bankruptcy court admits IDBI Bank’s insolvency resolution plea against Wind World arm

Bankruptcy court admits IDBI Bank’s insolvency resolution plea against Wind World arm

by Maulik Vyas
October 16, 2025
0

The Mumbai bench of the Nationwide Firm Regulation Tribunal (NCLT) has ordered the initiation of the company insolvency decision course...

Trump Trio of Vought, Miller, and Eric Rise From the Muck

Trump Trio of Vought, Miller, and Eric Rise From the Muck

by Nat Wilson Turner
October 15, 2025
0

A dominant Trump trio stood out within the information this week: Russell Vought who's gutting the federal paperwork; Stephen Miller...

Socialism Always Leads to Totalitarian Tyranny

Socialism Always Leads to Totalitarian Tyranny

by Vincent Cook
October 15, 2025
0

On its webpage explaining what democratic socialism is, the Democratic Socialists of America (DSA) states that its purpose is to...

European hostility may jeopardize Metro

European hostility may jeopardize Metro

by Index Investing News
October 16, 2025
0

The worldwide infrastructure companies often are usually not anticipated to rush once more to Israel with the tip of the...

Next Post
Hollywood Bowl smashes profit expectations despite living costs crisis | Services sector

Hollywood Bowl smashes profit expectations despite living costs crisis | Services sector

Back to Square One? Circle’s USDC Market Cap Drops Below B for First Time Since Terra’s Collapse

Back to Square One? Circle's USDC Market Cap Drops Below $50B for First Time Since Terra's Collapse

Guru Fundamental Report for UBER

Guru Fundamental Report for UBER

October 16, 2025
French army adopts hard-kill tactics for drone threats

French army adopts hard-kill tactics for drone threats

October 16, 2025
PREMIERE: DC Dive with Jordan Conradson – Guest: Ben Bergquam – Pilot Episode #1 | The Gateway Pundit

PREMIERE: DC Dive with Jordan Conradson – Guest: Ben Bergquam – Pilot Episode #1 | The Gateway Pundit

October 16, 2025
Kinnevik AB (KNVKF) Q3 2025 Earnings Call Transcript

Kinnevik AB (KNVKF) Q3 2025 Earnings Call Transcript

October 16, 2025
From Magnificent To Stretched: Rethink U.S. Equity Allocations

From Magnificent To Stretched: Rethink U.S. Equity Allocations

October 16, 2025
How these employees pay nothing for their insurance premiums : NPR

How these employees pay nothing for their insurance premiums : NPR

October 16, 2025
Euro Times

Get the latest news and follow the coverage of Business & Financial News, Stock Market Updates, Analysis, and more from the trusted sources.

CATEGORIES

  • Business
  • Cryptocurrency
  • Finance
  • Health
  • Investing
  • Markets
  • Politics
  • Stock Market
  • Technology
  • Uncategorized
  • World

LATEST UPDATES

Guru Fundamental Report for UBER

French army adopts hard-kill tactics for drone threats

  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

Copyright © 2022 - Euro Times.
Euro Times is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • Finance
  • Business
  • World
  • Politics
  • Markets
  • Stock Market
  • Cryptocurrency
  • Investing
  • Health
  • Technology

Copyright © 2022 - Euro Times.
Euro Times is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In