LeapFrog Investments Partially Exits IFMR Capital to Standard Chartered Private Equity (Asia)

Source: LeapFrog Investments

Emerging markets financial services and health care specialist investor LeapFrog Investments has sold a partial stake in India-based non-banking financial company IFMR Capital to Standard Chartered Private Equity, the private equity arm of Standard Chartered Bank. LeapFrog originally invested in IFMR Capital in 2014. Financial details of the transaction were not disclosed.