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Muthoot Microfin raises Rs 130 crore as Private Equity

Muthoot Microfin raises Rs 130 crore from US-based PE firm Creation Investments

KOLKATA: Chicago-based private equity fund Creation Investments has invested Rs 130 crore in Muthoot Pappachan Group promoted Muthoot Microfin to pick up 11% stake, making the valuation of the company at Rs 1,111 crore.

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