India Digest: NBFC Five Star raises funds; Motilal Oswal PE 3rd fund; Mphasis-Blackstone deal

India Digest: NBFC Five Star raises funds; Motilal Oswal PE 3rd fund; Mphasis-Blackstone deal

Morgan Stanley Private Equity Asia has invested $16.8 million in Five Star Business Finance, while Motilal Oswal Private Equity plans to raise a third fund of around $250-300 million. Also, Mphasis CEO Ganesh Ayyar may co-invest with Blackstone in the $1 billion deal.

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