With a rapidly growing economy, the investing landscape for private equity firms in India has become increasingly attractive, according to senior leadership at Warburg Pincus.
The Indian market, as described by Jeffrey Perlman, CEO of Warburg Pincus, has two cycles: either expensive or very expensive. However, the potential for growth is limitless.
"The biggest mistakes we made in India are not our investments but exits," Perlman said. "The upsides that some of our portfolio companies have enjoyed after our exit have really surprised us."
"The biggest change in India is to be able to convince business families to let go of enterprises that they have been emotionally attached to," said Chip Kaye, former leader of Warburg Pincus.
"Our ability to consistently show that we can partner with entrepreneurs or have our hands on the steering wheel alongside a professional management is unique," added Jeffrey Perlman.
Warburg Pincus' ability to partner with entrepreneurs and provide guidance to professional management sets the firm apart from its competitors.
