India, June 24 -- The Competition Commission of India has approved the proposed combination involving acquisition in Manappuram Finance Limited and Manappuram Asset Finance Limited by Bain Capital.BC Asia Investments XXV Limited (Acquirer 1) and BC Asia Investments XIV Limited (Acquirer 2) (collectively, Acquirers) are indirectly owned and controlled by Bain Capital Investors, LLC (Bain Capital). The principal activity of the Acquirers is undertaking investment holding activities. Bain Capital is a private equity investment firm that invests, through its family of funds, in companies across several industries, including information technology, healthcare, retail and consumer products, communications, financial services, and industrial / man...