Portfolio firm's disappointing performance leads to Madison India's exit, revealed by scores
In the dynamic world of private equity, several firms are making strategic moves in India's burgeoning market. Here's a round-up of some recent developments.
Carlyle Group, a prominent player in the private equity sphere, has announced its exit from YES Bank. The details about the current status of YES Bank following this exit remain undisclosed. Another private equity firm, Madison India Capital, has also closed a chapter with one of its showcase bets, but the specifics of the investment and the reasons behind the exit are not yet known.
Meanwhile, Creador is exiting its tech portfolio in India, but the exact state of this portfolio post-exit remains unclear. On the other hand, Motilal Oswal Alternatives is contemplating an exit from a FMCG firm, but the identity of the company remains undisclosed.
The International Finance Corporation (IFC) has decided to exit an investment in India, achieving returns above its minimum target. This move marks another successful investment for the global organisation.
In a positive sign for the private equity industry, India's private equity harvest reached $2 billion in 2025. This figure underscores the growing interest and confidence in India's market.
Partners Group, another private equity firm, has demonstrated liquidity to new potential limited partners (LPs) for its latest fund. They achieved this by completing one of their showcase segments over six years after the fund's launch in late 2023.
Groww, a company preparing to go public, has attracted investments from Peak XV, Ribbit Capital, and Y Combinator. However, the details about the returns or the exact nature of these investments remain undisclosed. Three other investors, Peak XV, Ribbit Capital, and Y Combinator, have shown interest in Groww's upcoming IPO.
Lastly, it's worth noting that Ribbit Capital, Y Combinator, and Peak XV are not the only investors in Groww. Other investors include a host of venture capital firms, angel investors, and strategic partners.
These developments highlight the ongoing activity and interest in India's private equity market, as firms seek to capitalise on the country's growth potential while providing liquidity to their investors.
