Agenda

The panelists will discuss:

• What are the key considerations for founders when seeking growth stage funding from PE/VC investors?
• What are the most common mistakes that founders make when navigating early and growth stage funding, and how can they avoid them?
• How are founders in commerce and tech adapting to the changing regulatory environment, consumer behavior, and technological advancements in India?
• How can founders and investors collaborate to drive sustainable growth, innovation, and returns in the Indian market?

The private equity secondaries market in India is experiencing a significant transformation, driven by a burgeoning pipeline of deals. This surge is attracting a diverse array of secondary investors eager to capitalize on opportunities arising from the sale of GP held stakes. As PE/VC funds seek exits in a challenging deal-making environment, the secondary market is becoming an essential avenue for liquidity and portfolio rebalancing.

The panelists will discuss:

• LP led and GP led secondaries
• Recent secondaries transactions and successes
• Outlook for GP and LP led secondaries for next 2-3 years
• Valuations, discounts, minority vs majority stakes
• Learnings from global markets
• Impact of regulations on GPs looking for liquidity

As the Indian economy continues to expand, funds are increasingly targeting growth investment opportunities, which play a pivotal role in financing established companies seeking to scale operations, enter new markets, or undertake significant acquisitions without relinquishing control. Growth investments accounted for approx. 30% of all Alternate Capital investments in last 10 years, amounting to US $125 Bn.

The panelists will discuss:

• Recent and emerging trends in growth investments
• Key sectors in focus and outlook for next 2-3 years
• Key Strategies, valuations and value creation
• Operational involvement of GPs
• Return expectations and exit strategies

Bain & Company offers an early look at its forthcoming annual publication, capturing the key trends that shaped India’s PE-VC landscape in 2024. Join us for exclusive insights on the deal activity, investment themes, fundraising patterns, and exit momentum from the year that was.

The Indian real estate landscape is undergoing a transformative evolution, driven by a confluence of economic growth, urbanization, and changing consumer preferences. Real Estate investments accounted for approx. 14% of all Alternate Capital investments in last 10 years, amounting to US $56 Bn. The Indian real estate sector has seen a remarkable 65% increase in land transaction volumes in 2024, indicating strong investor confidence and a robust market environment.

Key cities like Delhi-NCR, Mumbai, and Bengaluru are at the forefront of this boom, reflecting a robust appetite for premium living spaces and innovative mixed-use developments.

The panelists will discuss:

• Key growth areas, top cities by demand and supply
• Views on residential, commercial and data centers
• Government initiatives adding to affordable housing demand
• Increasing global fund activity in the RE
• Focus on sustainability influencing eco-friendly projects

CAT III funds are gaining traction among high-net-worth individuals and institutional investors, thanks to their ability to employ complex trading strategies and leverage opportunities that traditional investment vehicles often do not provide. The cumulative CAT III investments as of 30th Sep, 2024 stands at Rs 1.23 Lakh cr. And commitments raised at Rs 1.84 Lakh Cr.

The panelists will discuss:

• Long-Only vs. Long-Short Funds
• Regulatory framework impacting the fundraise and investments
• Operational and compliance aspects
• Growth potential and outlook for next 2-3 years
• Innovation and new product offerings
• Risk, return expectations and performance

India’s private credit market continues to expand, driven by rising domestic participation, sectoral shifts, and strong deal momentum. Despite macroeconomic challenges, investor confidence remains high, supported by evolving opportunities and growing market depth.

This report covers:

• Credit deployment – SCBs, NBFCs, Debt MFs, Corporate Bonds
• Regulatory developments – Key updates and implications
• Private credit trends – Fundraising, deployment, and exits in H2 2024
• EY private credit pulse survey results – Market insights and outlook

The private credit landscape in India is undergoing a transformative shift, evolving from a niche sector into a mainstream financial solution that caters to diverse borrowing needs. Credit investments accounted for approx. 9% of all Alternate Capital investments in last 10 years, amounting to US $36 Bn. In 2024, Credit investments accounted for approx. 17% of total investments. The market is witnessing unprecedented growth, driven by an expanding pool of domestic funds, more interest from global funds and innovative financing structures.

The panelists will discuss:

• Key demand drivers, growth factors and top sectors
• Innovative deal structures
• Growing pool of investors including UHNIs, Family Offices, domestic institutional investors and global funds
• Regulatory oversight, Impact of regulations on the growth and policy changes required

India clocked exits worth $178 Bn in last 10 years, 65% of these exits have happened in last 5 years. With robust IPO and listed markets, 45% of the exits were via open market transactions and IPOs in the last decade. This significant increase reflects not only a recovery from previous market constraints but also a shift in investor sentiment towards more favorable exit strategies, such as Initial Public Offerings (IPOs) and open market sales. As the Indian economy continues to evolve, understanding these exit mechanisms becomes crucial for investors seeking to maximize returns while navigating the complexities of this dynamic market.

The panelists will discuss:

• Key drivers of growth in exits
• Mindset of Indian entrepreneurs and the process of planning exits
• Depth of public markets and IPOs as a key strategy
• Consolidation within sectors and contribution of strategic exits
• Outlook for exits for next 2-3 years
• Navigating liquidity concerns and market volatility