Aavishkaar, IFC take deep haircut on exit from legacy India bet
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Aavishkaar, IFC take deep haircut on exit from legacy India bet

By Malvika Maloo

  • 15 Sep 2023
Pro
Aavishkaar, IFC take deep haircut on exit from legacy India bet
Credit: 123RF.com

Aavishkaar Capital, the impact investing arm of Aavishkaar Group, and International Finance Corporation (IFC), the World Bank Group’s private-sector investment arm, have taken a deep haircut on one of their legacy bets in India.  The two financial investors have struck separate deals to sell their respective stake in Chennai-based manufacturing company ......

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