PE Firms Are Flocking To India’s Tech Services Sector
The technology services sector in India has emerged as a resilient and attractive investment opportunity for private equity firms, according to Avendus Capital, a leading financial services firm.
Takeaway from its new report:
Private equity-led deal volumes in the tech services sector have tripled over the past decade, with a substantial increase in investment amounts.
The sector has consistently generated strong returns for private equity funds, driven by high revenue growth and multiple expansion.
Private equity firms are building large platforms with specific horizontal or vertical capabilities through bolt-on acquisitions, which account for 70% of deal volumes.
Specialized assets with niche vertical focus, particularly in the banking, financial services, and insurance (BFSI) and healthcare sectors, have gained favor among private equity investors.
The post PE Firms Are Flocking To India’s Tech Services Sector appeared first on INDIA DISPATCH.