Warburg Pincus to raise up to $1.5 billion for first India-focused fund1 min read . Updated: 28 Nov 2019, 01:46 PM IST
- Private equity-backed deals in India have risen to a record $16.8 billion so far this year
- Private equity investments are expected to pick up in India as some companies look to sell shares to fund growth
Private equity firm Warburg Pincus LLC is looking to raise up to $1.5 billion for its first fund targeting deals in India, two people familiar with the matter told Reuters, betting on a surge in investment opportunities in Asia's third-largest economy.
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