Warburg in talks to rope in QIA as investor in Shriram Housing Finance | Company News

The board of Shriram Finance Ltd (SFL) on Monday approved the sale of its housing-finance subsidiary SHFL to Warburg Pincus to focus more on its core operations and secure growth capital | Photo: Shutterstock.com 3 min read Last Updated : Jun 16 2024 | 2:35 PM IST Leading US-based global growth investor Warburg Pincus … Read more

Warburg Pincus front-runner for controlling stake in Ebco

Mumbai: Global private equity firm Warburg Pincus is the front-runner to acquire a controlling stake in furniture hardware maker Ebco, two people aware of the matter said. Promoters are planning to sell up to 74% stake in the Mumbai-based company for ₹3,500 crore. Geoffrey Nagpal and family, who own the company, may retain a minority … Read more

Warburg Pincus-backed boAt to scale down wearables business amid slowing growth, focus shifts to audio

boAt’s market share slipped to 14% in 2023 from nearly 19% in the previous year while rivals Fire Boltt and Noise secured the top two positions, as per estimates by market intelligence firm IDC. boAt also faced stiff competition from Titan and Pristyn Care’s BeatXP, prompting it to reassess its playbook. “The average selling price … Read more