Golden opportunity for Muthoot: Baring and Matrix India buy stake, AZB and Luthra advise

India’s largest gold loan company, Muthoot Finance Limited (Muthoot) has been successful in raising Rs. 157 crore ($35 million) in its first institutional round of fund raising from Baring Private Equity Partners India (Baring) and Matrix Partners India (Matrix) for a 4 percent stake in the company.