Top Private Equity Firms in India by Total Funds Raised

by Lola Aboderin

  • 17 Jun 2010
  • PE

Preqin’s database holds comprehensive profiles for over 100 private equity firms domiciled in India. The database shows that collectively, these firms have raised over USD 17 billion in private equity capital over the last 10 years, and have over USD 9 billion available in dry powder.

Preqin’s extensive research shows that the top 10 private equity firms in India, ranked according to total funds raised in the last 10 years,  are ICICI Venture Funds Management, ChrysCapital, Sequoia Capital India, India Value Fund Advisors, Kotak Private Equity Group, Baring Private Equity Partners (India), Ascent Capital, CX Partners and Everstone Capital.

Headquartered in Mumbai, ICICI Venture Funds Management has raised over USD 3 billion in private equity funds over the last 10 years. It is a subsidiary of ICICI Bank and one of the largest venture capital firms in India.  With an estimated USD 1.2 billion available in dry powder, the firm is currently raising a USD 500 million buyout fund, India Advantage Fund Series 3, to focus on a wide range of industries in India.

New Delhi-based ChrysCapital has raised USD 1.9 billion across five funds since it was founded in 1999. The firm raised its fifth fund in 2007 to invest in IT and business services. Preqin’s research shows that the Government of Kuwait, Harvard Management Company, Microsoft, and several university endowments were among investors in the fund. The firm’s has an estimated USD 541 million in dry powder.

Sequoia Capital India focuses on making consumer, energy, financial services, healthcare, outsourcing and infrastructure investments in India. Its estimated dry powder is USD 1.1 billion. Formerly known as Westbridge Partners, it merged with Sequoia Capital in early 2006 and is headquartered in Bangalore.

Preqin's Fund Manager Profiles contains detailed profiles for over 100 private equity fund managers domiciled in India and thousands of others based across the world.

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