Why LPs should increase India allocations

  • Kunal Shroff, Managing Partner & Co-Founder, ChrysCapital
  • In conversation with Deepshikha Monga, Senior Editor, DealStreetAsia (Moderator)

Despite recessionary fears and global market headwinds, India seems to be in a safe spot for risk capital investors. Even as global investors may be seen exercising caution, the rise of domestic capital has ensured fundraising momentum. That means, there is dry powder waiting to be deployed in investible bets.
Private equity in India has operated across diverse cycles since the late 90s. ChrysCapital, established in 1999, has seen a spate of investments and exits, marking a successful investment cycle. Over the years, the firm has seen the dotcom bust in 2000, the global financial meltdown in 2008-2009, the COVID-19 pandemic in 2020, and the subsequent global slowdown.
ChrysCapital has raised over $5 billion across nine funds. The firm is currently investing out of its ninth fund. The homegrown PE firm has made over 100 investments and has returned over $6.5 billion to investors through almost 80 full exits.
We will quiz Kunal Shroff on the case for greater allocations for India-focused funds and the uniquely positioned opportunity sets in Asia’s second-largest market.