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What’s at stake for PE firms, impact investors as Aviom lands in bankruptcy court

VCCircle · 5m

Aviom India Housing Finance Pvt Ltd, a mortgage lender backed by private equity investors and impact funds, has filed for bankruptcy, putting investors at risk of losing their investments. The Reserve Bank of India filed the application, which was accepted by the National Company Law Tribunal. This development raises concerns for stakeholders involved, including founder and CEO Kajal Ilmi, and presents significant financial implications for those who supported the Delhi-based company.