ChrysCapital, one of India’s largest home-grown private equity firms finds the new economy sector attractive and is scouting for deals in the sector.
The firm’s co-founder and managing partner Kunal Shroff said: “In the last three years, we’ve spent a lot of time on new economy. It’s just too important for us to ignore. We just haven’t ended up deploying a lot of capital.” He was speaking at the DealStreetAsia PE-VC Summit 2020 during a fireside chat titled ‘The art and science of fundraising and investing in a crisis and scoring exits in India’.
ChrysCapital is looking at companies that are already showing signs of profitability and will avoid early stages in startups, be it Series A or Series B.
ChrysCapital last year raised $850 million for its eighth fund to deploy capital in four key areas that it has so far been investing in – financial services, healthcare, business services, and consumer.
Watch the full fireside chat here: