Bajaj Capital to sell 40% stake to HK's Mosaic Capital Asia
Tuesday, March 28, 2017, 11:11 AM
Bajaj Capital, an investment service company, is close to raising funds by selling a 40% stake to Hong Kong-based Mosaic Capital Asia in a transaction that may value the company at Rs. 600 crores. “We have signed a term sheet with Hong Kong-based private equity firm Mosaic Capital for a significant minority stake in the company,“ said Rajiv Bajaj, managing director.