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Blackstone to buy about 16% stake in India's IIFL Finance for $535 million

The issue will also include a 12.64 billion rupee ‌investment by existing investors Nirmal Jain and R. Venkataraman, while Anchorage Capital ‌will invest another ₹1.5 billion

The Hindu · Business 5 newsrooms Tue, 10 Nov 2026 17:34

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The Hindu BusinessLineBlackstone to acquire 16% stake in IIFL Finance Mint · CompaniesBlackstone to invest ₹5,000 crore in IIFL Finance for 16% stake YourStoryIIFL Finance to raise Rs 6,414 Cr led by Blackstone Economic TimesBlackstone gives IIFL Finance a Rs 6,414 crore boost