Mumbai, July 29 -- Global private equity firm TA Associates has invested in Oxane Partners, a technology-driven solutions provider to the private credit industry, for an undisclosed sum.

"Oxane has established itself as a trusted technology partner to many of the world's leading banks and private debt funds," Naveen Wadhera, managing director at TA, said in a joint statement on Wednesday.

Mint first reported on the company's stake-sale talks earlier this month. It has roped in Avendus and Jefferies as advisors to help with the deal that could value the software firm at about $200-250 million.

The fresh investment will support Oxane's continued technology innovation, expansion of AI capabilities, and further investment in talent and lea...