India: PE biggie KKR said to be investing $50m in NBFC Svakarma Finance

India: PE biggie KKR said to be investing $50m in NBFC Svakarma Finance

REUTERS/Brendan McDermid

Private equity biggie KKR is close to acquiring a majority stake in Svakarma Finance, a non-banking finance company (NBFC) headquartered in Mumbai, a TOI report stated, quoting sources.