The investment firm remains bullish on India’s domestic consumption story despite elevated valuations, according to Gaurav Trehan, head of Asia Private Equity and the chief executive officer of the India business.
KKR Bets on Domestic Consumption, Private Credit in India Push bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.
KKR & Co. is optimistic about investment opportunities in India s consumer sector and expanding its private credit portfolio. Despite high valuations, the firm believes in India s long-term consumption growth. With global firms like Blackstone and Goldman Sachs also investing in India, KKR plans to deploy $10 billion at a faster pace. The firm is eyeing opportunities in manufacturing and may venture into real estate in the future. Despite challenges faced in the past, KKR remains committed to investing in India through various strategies, including its Asia credit fund and infrastructure projects.
KKR picks 9.9% stake in Shriram General Insurance : Rashtra News #KKR #picks #stake #Shriram #General #Insurance KKR has agreed to buy a 9.9 percent stake in Shriram General Insurance Company for an undisclosed sum, both the companies said in a statement. Founded in 2008, Shriram General Insurance is a joint venture between Shriram Capital,
Business News: Vellayan Subbiah, chairman of Cholamandalam Finance and executive vice chairman, Tube Investments of India, has been awarded the esteemed EY Entrepreneur of the Year™ Award 2023.