India to Attract Major Share of EQT's $15.6-billion Asia Fund: EQT India Head
Private equity firm EQT says India will continue to capture the largest slice of its newly raised $15.6 billion Asia fund, roughly a third of total capital. The firm’s co‑investment model multiplies available equity by 1.6 times, expanding the deal‑making pool. Recent Indian buyouts include a $1.25 billion acquisition of Credila and a $1.1 billion stake in Indira IVF, underscoring a focus on healthcare, financial services and consumer sectors. EQT targets a 2.5‑times return and low‑20% IRR, betting on India’s 7% real GDP growth.
India’s Consumer Sector Sees Funding Dip but Deal Activity Surges in FY26
India’s consumer sector saw total funding drop to about $8.5 billion in FY26, down from $9.8 billion the prior year. At the same time, deal volume surged to 510 transactions, the highest since the pandemic, indicating a shift toward smaller, diversified investments....
Razorpay Plans Confidential IPO Filing Soon; Targets $600-700 Million Raise at $5-6 Billion Valuation
Razorpay is preparing a confidential IPO filing within weeks, targeting a $600‑$700 million raise at a $5‑$6 billion valuation, down from its $7.5 billion peak. The fintech recently completed a reverse flip to India, incurring roughly $150 million in tax costs, and reported FY25...
IIFCL to Double InvITs Exposure to Rs 6,000 Cr This Fiscal
India Infrastructure Finance Company Ltd (IIFCL) announced it will double its Infrastructure Investment Trust (InvIT) exposure to Rs 6,000 crore (approximately $720 million) by March 2027, up from the current Rs 3,000 crore ($360 million) across nine trusts. The move is part of a diversification strategy backed...
India Reduces Minimum Public Share Float, Paving Way for NSE, Jio Listings
India has officially lowered the minimum public share float for large listed companies, allowing firms valued above 5 trillion rupees to offer just 2.5% of their equity at IPO. The new rules introduce a glide‑path that requires companies to reach a...
Currency, Tax Risks Tempering Private Equity Optimism in India, Investors Say
Private‑equity investors in India are confronting two major headwinds: a weakening rupee, which has fallen 1.9% against the dollar so far in 2026 after larger declines in the previous two years, and a capital‑gains tax of 10‑15% on exits. While...
Corporates Pivot to Banks as Primary Funding Source Amid Bond Market Volatility
Corporate bond issuance in India fell more than 20% year‑on‑year in February 2026, marking the weakest three‑year level. Meanwhile, banks reclaimed dominance, with their share of total commercial‑sector funding rising to about 63% in FY26, up from 51% a year...
Vedanta Resources Mobilises $350 Million in Fresh Borrowing
Vedanta Resources secured a $350 million, 3.5‑year revolving credit facility from a consortium of six banks, including First Abu Dhabi Bank, Mashreq, Standard Chartered, Deutsche Bank and JPMorgan. The loan, priced at SOFR + 435 bps, will refinance existing maturities, fund interest payments and...