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Amicus invests Rs 125 Cr in Equirus; Federal Bank part-exits

  • Private equity firm Amicus Capital has invested Rs 125 crore in Equirus Group for an undisclosed stake. Federal Bank has taken a partial exit.
  • The investment is a combination of primary and secondary purchase of sales.
  • The new investors include Kishor Patil, Ajai Kumar, N Sivaraman, Yagnesh Dosshi, Krishna Jha, Anand Archak, Abhishek Goyal, Badri Mohapatra, Shankar Valiya, and Deepak Singhal.
  • The money raised will be used for capital expansion, technology investments, talent acquisition, operational improvements, and risk management.

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