Warburg buys HDFC’s stake in Indian student housing startup Good Host

Warburg buys HDFC’s stake in Indian student housing startup Good Host

From Warburg Pincus homepage

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.

Bring stories like this into your inbox every day.

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