Jain Housing raises Rs 175 crore from Nippon Life and Apollo Global ...Middle East

Chennai, Jan 3 (PTI): Noted realtor Jain Housing has raised funds of Rs 175 crore from Nippon Life Asset Management Ltd and Apollo Global Management for about Rs 175 crore in two tranches, a top official said. The funds would be utilised to reduce the city-based company's existing debts, joint managing director Sreyansh Mehta said.

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