Warburg is competing with other investors such as BPEA EQT-backed Sagility and Veritas Capital, they added. If completed, the buyout will be the largest in India by Warburg Pincus, the fund that started the private equity rush in the country with its successful investment in Bharti Airtel. However, no exclusivity has been signed between the two parties. ET first reported on May 29 on Warburg Pincus’ interest in Everise.
Brace for large moves in Nifty, Nifty Bank; 2 stock ideas: Anand James
Another aspect we will be closely watching would be how Nifty futures would play in the next week as they had gone into discount, unable