PE deal of the month: Bain Capital marks its boldest bet in India with Axis Bank

In its biggest ever investment in an Indian company, US-based private equity firm Bain Capital has pumped in Rs 6,853.75 crore ($1.05 billion) in Axis Bank Ltd, in a round that saw the private sector lender raise $1.8 billion.Bain, through its investment arms, BC Asia Investments and Integral Investments South ......