India Dealbook: Sachin Bansal buys DHFL; HDFC acquires Apollo Munich

India Dealbook: Sachin Bansal buys DHFL; HDFC acquires Apollo Munich

A cashier displays Indian rupee banknotes inside a bank in Jammu Photo: Reuters

Flipkart co-founder and former CEO Sachin Bansal has reportedly acquired DHFL General Insurance from Wadhawan Group Capital (WGC) for about $14 million. In another deal in the insurance space, HDFC has completed the acquisition of 51.16 per cent stake in Apollo Munich Health Insurance Company.

Sachin Bansal buys DHFL General Insurance

Flipkart co-founder and former CEO Sachin Bansal has reportedly acquired DHFL General Insurance from Wadhawan Group Capital (WGC) for about $14 million (Rs 100 crore), per a report in The Economic Times.

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