WestBridge Capital will invest ₹450 crore for a 15% stake in Edelweiss Mutual Fund, valuing it at about ₹3,000 crore. The deal, subject to regulatory approvals, aims to fuel growth as Edelweiss MF’s AUM hit ₹1.52 lakh crore with strong profit momentum.
Originally published by The Economic Times https://economictimes.indiatimes.com/markets