KKR picks 9.9% stake in Shriram General Insurance

Founded in 2008, Shriram General Insurance is a joint venture between Shriram Capital, the holding company for Shriram Group’s financial services business and Sanlam Limited, a leading pan-African financial services group. The transaction will be the New York-based alternate asset manager’s third investment in Indian insurance segment.

from Banking/Finance-Industry-Economic Times https://ift.tt/TGCNBiR