



India is the largest private equity destination for us outside the US: Chip Kaye, chairman, Warburg Pincus
Subscribe to enjoy similar stories. MUMBAI : India’s scale and growth, combined with increasingly sophisticated capital markets, have helped Warburg Pincus’s India franchise to become the firm’s largest investment destination outside US, senior executives said at a media roundtable in Mumbai on Wednesday. “India is the largest private equity destination for us outside the US.
It's always been one of our most important markets globally. In many ways, I think our presence in India and the ecosystem that we've created here may be one of the most defining features of the firm more broadly, not just inside India, but outside of it," Chip Kaye, chairman, Warburg Pincus, said. Kaye and Jeffrey Perlman, the firm’s chief executive, along with other senior management, are in India to celebrate their 30-year investing journey.
Starting with backing entrepreneurs and businesses such as Sunil Mittal, HDFC, IDFC, among others, the firm has, over the last three decades, backed 80 companies. “We are now investing a couple of billion dollars each year in India," said Narendra Ostawal, India head at the firm, adding, “You can say, we are investing more in a year than we would have done in a decade. That speaks about our level of commitment to the region." Reflecting on how the firm is operating in a world defined by geopolitical realignment, supply chain reconfiguration, and rapid technological change, especially in artificial intelligence (AI), Perlman said that, in that context, India stands out.
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