Financial Services Company Avendus Capital Acquires Zodius Capital

201711.09
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Financial services company Avendus Capital has acquired Mumbai-based private equity firm Zodius Capital Advisors. In 2014, Zodius also joined hands with KKR-backed Avendus to raise another $500 Mn fund for investing in startups specialising in high-growth digital and SMAC services.
Avendus Capital is a Mumbai-based financial services provider focussed on customised solutions in the areas of financial advisory, wealth management, structured credit solutions, and alternative assets management. A year later, the financial services company started its own NBFC, Avendus Finance.