Q:Local private equity fund Multiples Alternatives, along with some former senior bankers, will invest over Rs.100 crore in Mumbai based housing finance co.Vastu Housing Finance Corp.
Latest Answer: Hi folks,
I heard that this start-up, with a new management and strong capital base, will use technology to reach out to potential customers and made sure a smooth loan distribution. The company will now build the sales force, the team and branch network another time, and in its new incarnation, it is expected to have a loan book of Rs 6,000 crore by 2016.
