Private Equity Firms Show Increasing Interest in $400bn Indian IT Services Industry
Private Equity Insights
AUGUST 31, 2023
Data shows that the number of private equity (PE) firms holding stakes in Indian IT services companies has doubled between 2019 and 2022, indicating a growing interest in the sector. This trend is being fueled by a succession of acquisitions spearheaded by private equity firms such as ChrysCapital and Carlyle.
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