Private investors sitting on $40b cash pile targeting India bets

Private investors sitting on $40b cash pile targeting India bets

Gurgaon, India. Photo: Biswajit Rout/Pixabay

Dry powder, or the collective pile of investible capital available with private investors, in India is at about $40 billion, according to an analysis by audit and consulting firm EY. The estimate considers capital available with India-based private equity and venture capital funds, global and Asia-focused funds with an India allocation, and sovereign and pension funds, as well as large tech investors such as Naspers.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter