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.
India set for real GDP growth of 7.5% as inflation stays cool: Axis Bank chief economist Neelkanth Mishra
Axis Bank chief economist Neelkanth Mishra projects India’s real GDP to grow 7.5% in the next fiscal, driven by reforms and supportive policies. Headline inflation