Demonetisation might’ve impacted the local economy but it still hasn’t deterred investors, with international conglomerate Warburg Pincus all set to double its current investment in the country. The equity firm has currently invested around $3.8 billion in Indian companies, amassing a diverse portfolio. Under this proposed investment plan, $8 billion is expected to be invested in companies over a decade, making Warburg Pincus a major player in the Indian economic boom.
Warburg Pincus’s Indian Investment Trail
Warburg Pincus started investing in Indian companies in 1997, having invested a total of $3.8 billion in the last two decades. The company was instrumental in providing equity for companies like Bharti Airtel, Kotak Mahindra Bank, HDFC, etc., having amassed generous returns in the process. With Indian start-ups garnering global attention, the company aims to utilise the talent pool India has to offer. The Private Equity giant is not only focusing attention on established entities, but has also invested heavily in new companies, including Quikr, Rivigo, Piramal Realty, Kalyan Jewellers, etc., ensuring that it has a portfolio as diverse as the country.
Internationally, the company has invested over $58 billion in around 700 companies, having a presence in 40 countries. Recent developments in the country have not deterred Warburg Pincus, even as India’s growth is pegged a tad lower than that of China. With Europe still figuring out the way ahead after Brexit and an air of uncertainty in the US after the Presidential elections, India seems to be a safe bet for investors, with Warburg Pincus leading the charge.