IIFL Holdings’ wealth management arm has raised Rs 745.71 crore by selling 5.1 per cent stake to a clutch of investors. IIFL Wealth Management issued 44.90 lakh shares to WF Asian Reconnaissance Fund, Rimco (Mauritius) Limited, Amansa Holdings, General Atlantic Singapore Fund, Steadview and HDFC Standard Life Insurance.

— The Economic Times

L&L Partners advised Steadview Capital Management Limited led by a team of partners Sundeep Dudeja and Vaibhav Kakkar, managing associate Snigdhaneel Satpathy and associate Debarpan Ghosh.

2018-06-19

Deal value: USD 110 million

{incomplete}