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KKR buys Vohra’s stake in Avendus, sets stage for sale
Mint Chennai
|December 11, 2025
Global private equity firm (PE) KKR has bought out Ranu Vohra, the co-founder of Avendus Capital, clearing up the way for a deal to sell the financial services firm.
The deal to buy out the 6% stake held by Vohra values the company at ₹11,500 crore, people with knowledge of the development said.
“The deal between Vohra and KKR got signed on 9 December, and will now help to take the deal to sell the company forward,” one of the people with knowledge of the development said.
The valuation is nearly double the ₹6,000-crore offer that Mizuho had made earlier this year when the Japan's leading financial services group wanted to acquire around 80% of the homegrown financial services company.
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