News
Warburg Pincus Celebrates Its 30th Anniversary in India Feb 4, 2026
- India is Warburg Pincus’ largest private equity investment destination outside the United States
- The milestone marks three decades of partnership, long-term commitment, and shared success with partners in India
Mumbai, 4 February 2026 – Warburg Pincus, the pioneer of global growth investing, is celebrating its 60th anniversary globally and 30 years of partnership and investing in India. The milestone was marked by a series of events in Mumbai this week, bringing together business leaders and partners who have played an integral role in the firm’s three-decade journey in the country.
A pioneer of India’s private equity industry, Warburg Pincus was among the first global investors to invest in India at scale. Over the past three decades, the firm has invested in more than 80 companies in India across sectors including financial services, healthcare, consumer, industrials, business services, and technology. Today, India is Warburg Pincus’ largest private equity investment destination outside the United States.
Over the past 30 years, Warburg Pincus’ role in India has extended well beyond the provision of capital. The firm has partnered closely with entrepreneurs, bringing global insights and resources, deep sector expertise, and a differentiated institutional approach shaped by six decades of global investing. Its early partnerships in India, including investments in HDFC Limited, Kotak Mahindra Bank, and Bharti Airtel, helped create a lasting economic and social impact and played an important role in shaping India’s modern financial and corporate landscape.
These foundational investments established Warburg Pincus as a trusted partner of choice among Indian entrepreneurs, valued for its long-term approach, global perspective, strategic guidance, and value-creation capabilities. Building on this partnership-led approach, Warburg Pincus has helped create many Indian business champions, both domestically and globally. Notable investments include Kalyan Jewellers; Alliance Tyre Group (now Yokohama Tyres); IDFC FIRST Bank; Appasamy Associates; Ebco; TruHome Finance (formerly Shriram Housing Finance); Meril Life Sciences; Avanse Financial Services; CAMS; and more recently announced investments in Haier India and Fleur Hotels, a subsidiary of Lemon Tree Hotels.
Chip Kaye, Chairman, Warburg Pincus, who led the firm’s entry into Asia and India, said:
“We are proud to have been among the first global private equity firms to invest in India at scale. When we entered the market in 1996, we saw more than an emerging economy; we saw extraordinary entrepreneurs with bold ambitions. Over the past three decades, it has been a privilege to partner with founders whose vision, talent, and resilience have helped shape modern India’s economy. Our early investments in financial services, telecom, and consumer sectors laid a strong foundation for our long-term commitment to India and continue to define how we invest. The scale of opportunity, depth of entrepreneurial talent, and pace of innovation in India today remain compelling, and our conviction in India’s future is stronger than ever.”
Jeffrey Perlman, Chief Executive Officer, Warburg Pincus,who spent 14 years helping build and expand the firm’s business across Asia, said:
“Celebrating 30 years in India alongside our 60th anniversary globally underscores just how central India has been to Warburg Pincus’ growth story. What defines our journey here is the strength of the franchise we have built, anchored by an experienced local team, trusted partnerships across the ecosystem, and a proven track record of investing successfully through multiple market cycles in India and globally. We look forward to partnering with the next generation of leaders whose energy, ambition, and talent will drive our growth in India for decades to come.”
Vishal Mahadevia, Managing Director and Head of Asia Private Equity, Warburg Pincus, said:
“India has been central to Warburg Pincus’ Asia growth strategy, and over the years, we have had the privilege of partnering with some of the country’s most distinguished entrepreneurs. Our success in India is a true testament to these exceptional founders and leaders who share our belief in contributing meaningfully to the nation’s development.”
Narendra Ostawal, Managing Director and Head of India Private Equity, Warburg Pincus, said:
“Over the past 30 years, our role in India has gone far beyond investing. We have partnered with entrepreneurs to build institutions that create lasting value — generating hundreds of thousands of jobs, expanding financial inclusion, improving access to quality healthcare, and strengthening India’s economic and social fabric.”
To mark the occasion, Warburg Pincus announced a donation to Room to Read India, supporting initiatives aimed at advancing education and improving literacy outcomes across India. This contribution builds on Warburg Pincus’ long-standing partnership with Room to Read and will benefit the lives of over 1 million children in India and globally.
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About Warburg Pincus
Warburg Pincus LLC is the pioneer of global growth investing. A private partnership since 1966, the firm has the flexibility and experience to focus on helping investors and management teams achieve enduring success across market cycles. Today, the firm has more than US$100 billion in assets under management, and more than 215 companies in their active portfolio, diversified across stages, sectors, and geographies. Warburg Pincus has invested in more than 1,100 companies across its private equity, real estate, and capital solutions strategies.
The firm is headquartered in New York with more than 15 offices globally. For more information, please visit www.warburgpincus.com or follow us on LinkedIn.
Media Contacts
Lisa Liang
Senior Vice President, Asia Head of Marketing and Communications, Warburg Pincus
Malini Roy