India: PE biggie KKR said to be investing $50m in NBFC Svakarma Finance

FILE PHOTO: Trading information for KKR & Co is displayed on a screen on the floor of the New York Stock Exchange (NYSE) in New York, U.S., August 23, 2018. REUTERS/Brendan McDermid/File Photo

Private equity biggie KKR is close to acquiring a majority stake in Svakarma Finance, a non-banking finance company (NBFC) headquartered in Mumbai, a TOI report stated, quoting sources.

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