US Investment Firm Bain Capital to Acquire Stake in Manappuram Finance
March 21, 2025 - 12:25
India Business News: MUMBAI: US investment firm Bain Capital has signed definitive agreements to acquire joint control in Kerala-based Manappuram Finance, which is recognized as India's second-largest gold loan company. The deal, valued at approximately Rs 4,400 crore, marks a significant investment in the Indian financial services sector.
This acquisition is expected to enhance Manappuram's growth trajectory, providing it with additional resources and expertise to expand its operations. Bain Capital’s involvement is anticipated to bring in strategic insights that could further strengthen Manappuram's position in the competitive market of gold financing.
Manappuram Finance has established itself as a trusted name in the industry, offering a range of financial products and services. The investment from Bain Capital is likely to accelerate its plans for innovation and expansion, ultimately benefiting its customers and stakeholders. As the financial landscape in India continues to evolve, this partnership is poised to play a pivotal role in shaping the future of Manappuram Finance.
MORE NEWS
February 2, 2026 - 10:07
Hana Financial Group Seeks ‘Balanced Growth’ With Non-Bank TurnaroundHana Financial Group has announced a strategic pivot for the coming year, prioritizing a turnaround at its non-banking affiliates to achieve what it terms `balanced growth.` This move signals a...
February 1, 2026 - 19:29
I’m a 66-year-old retired homeowner in Fort Worth, sitting on $143,000 in cash. What should I do with my money?A retired homeowner in Fort Worth, aged 66, is thoughtfully considering the next steps for a substantial $143,000 cash reserve. This scenario highlights a common and crucial crossroads for many...
February 1, 2026 - 05:33
Bitcoin Retreats Below $80,000 as Market Sees Influx of New InvestorsThe price of Bitcoin has fallen below the psychologically significant $80,000 threshold, introducing a note of caution into the recent bullish market sentiment. This dip represents a period of...
January 31, 2026 - 06:28
Is Pathward Financial (CASH) Still Attractively Priced After Strong Recent Share Price GainsInvestors are closely examining Pathward Financial`s stock valuation after a period of significant share price appreciation. The financial services provider has delivered robust returns across...