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Advent Looking to Deploy $5-10b in India over 5 Years

Advent International, the US private equity firm behind some of the biggest leveraged buyouts and conglomerate carve-outs, including the ₹17.2-billion acquisition of Thyssenkrupps elevator business in 2020 along with co-investors and the 1.8 billion joint takeover of Royal Bank of Scotlands payments business, Worldpay, believes India is among the worlds most attractive markets where investments of up to $10 billion in the next five years are likely. ....

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Advent International: Advent looking to deploy $5 to $10 billion in India over the next five years

Advent International believes that Indian valuations are not a barrier to making deals, as they are relative to growth opportunities and risk returns. The firm views the premium valuations in India as a reflection of the significant growth opportunities and the relative attractiveness of the market. Last year alone, it invested $7 billion in new opportunities ranging from cybersecurity to pharma, but more importantly, realised $8.4 billion via exits — higher than their previous five-year average of $5.7 billion. ....

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Grapevine: Advent may invest up to $10 bn in India; Mizuho to buy stake in lender

US-based private equity firm Advent International is looking at making investments of $5-10 billion in India over the next five years, a media report said.

The .. ....

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Nigerian Fintech Scoops $4.5m To Support

Zuvy, a Nigerian invoice financing company, has bagged a substantial $4.5 million in a debt and equity funding round, to support the digital shift of Small ....

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