Bessemer sells bulk of its stake in Shriram City Union Finance with big gain

Global venture and growth capital investor Bessemer Venture Partners (BVP) has sold over half of its stake in non-banking finance company Shriram City Union Finance, multiplying the value of its seven-year-old investment over four times in the process, it is learnt.BVP, which had started part-exiting the consumer lender around one ......