EQT Completes Acquisition of Niwas Housing Finance
· Niwas Housing Finance, formerly known as IndoStar Home Finance, is a fast-growing affordable housing finance company with INR 30 billion (USD 359 million) in assets under management that has supported over 47,000 low income homeowners and small businesses across India · The transaction reinforces EQT’s strategic focus on financial services in India, a sector benefiting from the secular growth of the country’s expanding middle class and rising demand for accessible financial solutions · EQT will invest INR 5 billion (USD 58 million) as growth capital to support geographic expansion and