Private credit market experts anticipate a $10-billion milestone within the next 12 months, citing a demand-supply imbalance in the private capex boom. Further they foresee a substantial surge, projecting the private credit market to reach $50-60 billion in the next 5 years.
It has fully deployed the second fund in companies such as Lenskart, Gopal Snacks and SK Finance. It could launch its next fund in six months, with a targeted corpus of ₹1,000 crore - bigger than the earlier purses.