India private equity is no longer just a growth story

  • Abhishek Sharman, Founder & Managing Director, Carpediem Capital
  • Michael Liu, Managing Director (Asian Investment team), Future Standard
  • Nilesh Shrivastava, Partner, Strategic Opportunities Fund, National Investment and Infrastructure Fund (NIIF)
  • Tarun Sharma, Head of Healthcare and Consumer, 360 One Asset Management
  • Kavitha Nair, Deputy Editor (Private Equity), DealStreetAsia [Moderator]

 

India’s private markets are moving beyond a purely growth-led narrative, with increasing participation from both global and domestic investors, a broader set of mid-market opportunities and a wider range of investment structures. As capital deployment continues, there is a stronger emphasis on exits and realisations, supported by a more developed IPO market and ongoing M&A activity, while GP-led secondaries and continuation vehicles are becoming more prominent in shaping transaction routes.

The discussion will consider how LPs and GPs are approaching valuations, deployment and exits in this evolving landscape, and whether improving liquidity conditions are influencing expectations around