Home Credit India will acquire Varthana Finance in an all-cash deal valued at Rs 967 crore. This transaction will make Varthana a wholly owned subsidiary of Home Credit India. The acquisition aims to diversify portfolios and improve business mix for the company.

Source: [Times of India](https://timesofindia.indiatimes.com/india/tvs-arm-home-credit-to-buy-education-loan-company-for-rs-967-crore/articleshow/132427558.cms)

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