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India Digest: Advent International eyes stake in Apollo 24/7; InCred marks first close of PE fund

India Digest: Advent International eyes stake in Apollo 24/7; InCred marks first close of PE fund

The bridge financing raised by PCR Investments, which has a 19.57% stake in Apollo, has a repayment period of 91 days. (Photo: Priyanka Parashar/Mint)

Vibhuti Sharma

26 April, 2024

Advent International is in talks to acquire a minority stake in Apollo 24/7. Separately, InCred Alternative Investments has hit the first close of its maiden private equity fund.

Edited by: Joymitra Rai

Advent InternationalApollo 24/7InCred Alternative Investments

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