Anagram advises Arpwood as it buys controlling stake in Sitara

The deal amount is valued at approximately ₹700 crore
Ankit Mishra, Aditi Tralshawala
Ankit Mishra, Aditi Tralshawala

Arpwood Partners, a buyout-focused private equity firm, is set to acquire a controlling stake of up to 72.28% in Sitara (Sewa Grih Rin Limited) by way of a primary and secondary investment of approximately ₹700 crore.

Anagram Partners acted as the legal advisors to Arpwood.

The transaction team was led by Ankit Mishra (Partner) and Aditi Tralshawala (Partner) and comprised Keegan Pavrey (Principal Associate), Reha Metha (Associate), Rajni Tolani (Associate), and Siddhant Sahu (Associate).

Sitara
Sitara

Sitara provides affordable housing finance to the under-served low-income households, especially their women members, in urban and peri-urban locations.

Existing investors including Investors including Abler Nordic, Oikocredit, RNT Associates, HDFC Bank, HDFC Life Insurance, Women's World Banking Asset Management, and Omidyar Network, will continue to invest in the company.

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