Advent International to Invest $300 Million in Aditya Birla Housing Finance

• Private equity firm Advent International plans to invest $300 million in Aditya Birla Housing Finance.
• The investment, one of India's largest in housing finance, will give Advent a minority stake.
• Funds will enhance capital adequacy, strengthen the balance sheet, and expand the loan book.
• Aditya Birla Housing Finance, a subsidiary of Aditya Birla Capital, focuses on retail lending, particularly long-term secured home loans.
• The deal aims to reduce dependence on the parent company and debt, boosting confidence in India's secured retail credit sector.

Why It Matters: Advent International's $300 million investment will significantly boost Aditya Birla Housing Finance's capital and growth.