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Kedaara invests ₹750 crore in Axis Finance, picks up 5% stake
short by Ishaan Mukherjee / on Sunday, 26 April, 2026
Axis Finance has secured ₹750 crore in primary capital from private equity firm Kedaara Capital for a 5.08% stake, Axis Bank said. Kedaara will be allotted 43 million shares at ₹172.81 apiece, valuing Axis Finance at ₹14,764 crore. This comes after a ₹1,500 crore primary rights issue from Axis Bank, approved by the NBFC, taking total fundraise to ₹2,250 crore.
read more at Livemint