Investcorp, a global alternative asset manager, recently highlighted the resilience and growth prospects of the Indian private equity market. Despite challenges in raising funds overseas, India is being recognized as a prime destination for capital deployment, attracting both domestic and international investors.
The current environment for raising funds in India is challenging, with the US attracting the majority of global capital due to its perceived safety and familiarity. However, Investcorp has been successful in showcasing the unique opportunities that India offers and has been able to raise funds for the market. The company is on track to announce the final close of a $400 million fund in the next couple of quarters.
Looking ahead to 2025, private equity flows in India are expected to remain consistent, with attractive deal flow driving investment in both mid-market and large-cap opportunities. Despite macroeconomic uncertainties, private equity investors are focused on individual deals and finding attractive investment opportunities.
Investcorp recently completed its first buyout deal in India with NSEIT, marking a significant milestone for the company. They are looking to pursue more buyout transactions in the future and are optimistic about building a robust pipeline of transformative investments in the coming months.
Overall, the Indian private equity market continues to offer growth opportunities and attract investors, despite the challenging fundraising environment. With a focus on unique value propositions and attractive deal flow, India remains a prime destination for private equity investment.