Overview

• India's private equity market maintained stability in April 2025 with 139 transactions, marking a 1% increase from previous months.
• Six high-value deals between $100 million and $999 million totaled $2.1 billion, including an $862 million investment in IDFC FIRST Bank by Warburg Pincus and Abu Dhabi Investment Authority.
• The infrastructure sector saw a 40% rise in deal volume and a 261% surge in value, reaching $651 million, while manufacturing activity doubled month-over-month with 15 deals worth $503 million.
• The banking and financial services sector led in value, contributing 28% of the month's total, while fintech accounted for 52% of deal volumes.
• Five Qualified Institutional Placement (QIP) deals raised $705 million, with banking and NBFCs contributing 80% of the total QIP value.