IndusInd International Holdings plans to acquire Reliance Capital by January 2025 for INR 9,861 crore.

IndusInd International Holdings Limited (IIHL) plans to finalize the acquisition of Reliance Capital by January 2025 for INR 9,861 crore. IIHL has received all necessary approvals and completed fund-raising. The deal aims to boost IIHL’s valuation towards $50 billion by 2030. Upon acquisition, IIHL will use the Reliance Capital brand for three years before integrating it under the IndusInd banner. The transaction includes Reliance Capital’s insurance and finance units.

3 months ago
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