Warburg Pincus plans to double its investments in India

From Warburg Pincus homepage

US-based private equity major Warburg Pincus is likely to double its investments in India to $8 billion in the next 10 years as compared to the last two decades, according to a report in The Economic Times.

The global investor has deployed $3.8 billion in 51 companies in India in diverse com as Kotak Mahindra Bank, Alliance Tire, Ambuja Cement and Laurus Labs in India since 1997, and is now looking to further deepen its involvement, Co-Chief Executives Charles R Kaye and Joseph P Landy told the newspaper.

“We never believe in numerical targets and do not set investment allocations by region. But frankly, if we couldn’t deploy more than double that amount within half the time, I would say, all of us will be disappointed. India is at an interesting inflection point and is a very compelling investment destination for us,” Kaye said.

“This is one of the most prolific regions for us. Warburg Pincus has represented approximately 4% of PE-type money in India over the last 20 years and 10% of returns, making India an extremely successful market for us,” Landy said.

Warburg Pincus has backed companies such as Quikr, CarTrade and ECom Express among others.

They see investments in the country with opportunities opening up through  financial inclusion, the digital economy, migration from unorganised to branded products and services and development of logistics, infrastructure and energy.

Also Read:

India: Warburg Pincus in talks to invest in credit platform Capital Float

India: Warburg Pincus invests $75m in logistics startup Rivigo

Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.

Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.