BusinessPhoto: Mint CompaniesBlackstone to Invest ₹5,000 Crore for 16% Stake in IIFL Finance
Blackstone will invest ₹5,000 crore in IIFL Finance to acquire a 16% stake on a fully diluted basis. This investment will strengthen IIFL Finance's capital base, enabling it to expand its secured lending business. The deal is part of a larger ₹6,414-crore fundraise and represents a significant private equity commitment to India's NBFC sector.
Mint Companies·


