In August 2023, anti-trust regulator CCI cleared the purchase of a 90% equity stake in HDFC Credila Financial Services. This would be done by a private equity consortium of BPEA EQT and ChrysCapital. The buyers are Kopvoorn, which is part of the BPEA EQT group And three ChrysCapital group entities: Moss Investments, Infinity Partners and Defati Investments Holding. How did HDFC Credila start? What was the deal like? What could this mean for India’s higher education?
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