India: PremjiInvest acquires 45% stake in Shubham Housing for $35m

India: PremjiInvest acquires 45% stake in Shubham Housing for $35m

Azim Premji. Photo: Aniruddha Chowdhury/Mint

PremjiInvest, the family investment arm of Wipro chairman and billionaire Azim Premji, has acquired a significant minority stake in Shubham Housing Development Finance Co. Ltd, two people aware of the development said.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter