India hits a high note on exits: Will it bolster further PE activity?

  • Utsav Baijal, Partner & Head of India Private Equity, Apollo
  • Abhishek Sharman, Founder & Managing Director, Carpediem Capital
  • Udai Dhawan, Founding Partner & Head of India Private Equity, Affirma Capital
  • Paramita Chatterjee, Editor, DealStreetAsia (Moderator)

At a time when the frequency of shocks across the financial, political, and societal spectrum has increased globally, India has shown resilience backed by robust fundamentals, favourable demographics, and a strong domestic story. India’s private equity industry, which has seen several successful cycles of investments, has reasons to cheer with exits showing an uptick amid turbulent times. Several players are in the market to raise capital for some of their largest investment vehicles so far. India’s entrepreneurial ecosystem, which has been through a rough ride, is also seeing corrections driven by the overall volatility of the past two years. Do these factors spell a bounceback for private equity play in India in 2025 and beyond?