India: General Atlantic commits $100m to fund Karvy Fintech growth plans

Private equity firm General Atlantic has pledged to invest at least $100 million to fund growth and expansion plans of its portfolio firm Karvy Fintech Pvt. Ltd.

The financial services firm offers end-to-end services to investors and distributors of mutual funds. It also provides corporate registry services, back-office operations and data processing services, besides being a central record-keeping agency under the National Pension System.

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