Private equity firm Advent International divests $350 million in a second exit move from India in the year 2025.
In the dynamic world of investment, private equity firms are cashing out on their investments in the buoyant Indian stock market. One such firm, Advent International, has made its second exit from its India portfolio this year. The identity of the specific company involved in the exit remains undisclosed, but it is known that the deal was made in the financial services sector.
Advent International made the exit nearly four months after paring its stake in a financial services company. This move follows WestBridge's successful exit from a decade-old investment in the BFSI sector, yielding bumper returns. The nature of the WestBridge exit is not specified, but it marks the fund's second exit from its India portfolio this year.
Meanwhile, another private equity firm, Warburg Pincus, has exited from an India-based financial services firm in a style that suggests a successful investment. The exact nature of the exit is not specified, and the financial terms of the deal remain undisclosed.
However, not all investments have been successful. Rivendell PE is facing a significant loss on another legacy investment in India. The specifics of this loss are not disclosed, but it underscores the risks inherent in long-term investments.
Interestingly, Cronus Pharma, a pharmaceutical company, has attracted private equity interest four years after a failed deal with Aurobindo. The identity of the PE firm showing interest in Cronus Pharma remains undisclosed.
As more alternative investors cash out on their investments, the Indian stock market continues to thrive, offering numerous opportunities for growth and investment. The impact of these exits on the Indian economy or the financial services sector is not immediately clear.
Read also:
- Planned construction of enclosures within Görlitzer Park faces delays
- Controversy resurfaces following the elimination of diesel filter systems at Neckartor: A renewed conflict over the diesel restriction policy
- Foreign financial aid for German citizens residing abroad persists
- Hulk Hogan's successful transformation of his wrestling persona into a lucrative business entity
