Baskin Lake Investment Ltd, an affiliate of Warburg Pincus, has acquired mortgage financier HDFC Ltd’s 24.48% stake for ₹216.18 crore in Goldman Sachs Group Inc.-backed student housing startup Good Host Spaces Pvt. Ltd.
Baskin Lake, which has become a significant shareholder in the company through the acquisition, and existing shareholder Goldman Sachs will also support the future growth of Good Host by investing additional capital.
