CCI Approves Rs.46.30 Bn Deal Between Warburg Pincus, Shriram Housing Finance

21 Aug 2024 CW Team

The Competition Commission of India (CCI) has given its nod to a ?46.30 billion deal between global private equity firm Warburg Pincus and Shriram Housing Finance. This strategic investment marks a significant step for both entities as they aim to strengthen their position in India?s rapidly growing housing finance sector.

Warburg Pincus will acquire a substantial stake in Shriram Housing Finance, part of the larger Shriram Group. This infusion of capital is expected to accelerate the housing finance company's growth, helping it expand its product portfolio and geographical reach. The deal is seen as a win-win for both parties, with Warburg Pincus gaining a foothold in India's booming financial services market, and Shriram Housing Finance receiving the financial backing needed to compete more aggressively.

Shriram Housing Finance, which has been focusing on affordable housing loans, particularly in the semi-urban and rural sectors, plans to use the funds to scale its operations, enhance technology integration, and improve customer services. The deal aligns with the company?s strategy to become a significant player in the Indian mortgage market.

This approval from the CCI removes a key regulatory hurdle, allowing both companies to move forward with the transaction and implement their growth strategies.

Infrastructure Transport

16 Sep 2025

Metro Line 2B Phase 1 to Boost Realty in Mumbai’s Eastern Suburbs

Mumbai’s real estate sector is set for a major boost as Phase 1 of Metro Line 2B, between Mandale and Diamond Garden, nears completion. The Mumbai Metropolitan Region Development Authority (MMRDA) has confirmed that mandatory rectifications are done, and inspections by the Commissioner of Metro Railway Safety (CMRS) have been carried out. The 5.39-km stretch with five stations forms part of the larger DN Nagar–Mandale corridor, designed to ease congestion and improve east–west connectivity. Passenger operations are expected by December 2025, with the full line slated for 2027. ..

WattPower wins Best Inverter award at Global Solar Expo 2025

WattPower, a leading renewable energy solutions provider, has won the award for “Best Inverter in the Utility Segment” at the Global Solar Expo 2025. The recognition underscores the company’s commitment to delivering reliable, high-performance and future-ready solar solutions for large-scale projects. At the forefront of utility-scale solar, WattPower manufactures advanced string inverters that directly feed power into the Indian grid. With robust technology, high-quality components and comprehensive product lifecycle support, its solutions stand among the most sophisticated in the ..

Awfis delivers 67,000 sq. ft. innovation hub for eBay in Bengaluru

Awfis Space Solutions, India’s largest flexible workspace provider and the first publicly listed workspace solutions platform, has partnered with eBay to establish a 67,000 sq. ft. innovation hub at Embassy Tech Village, Bengaluru. The mandate covers design, build and management of the new office, which will act as a strategic hub supporting diverse functions and accelerating eBay’s AI-first commerce strategy. The centre will focus on artificial intelligence, engineering, product development and applied research, strengthening eBay’s growth in India. Embassy Tech Village, North Beng..