Business Standard 13 September 2012
This team of general partners has been together for the past 12 years, something rarely equalled in the Indian venture capital (VC) and private equity (PE) sector. It has raised about $2 billion across six funds and, in the past decade, backed spectacular success stories such as Coffee Day, Vasan Healthcare, Dr Lal Pathlabs, marketRx, Indecomm, Just Dial and Naukri.com. And, it has weathered two economic recessions and seems set to capitalise on the current one.
The WestBridge Advisors team, comprising K P Balaraj, Sandeep Singhal, Sumir Chadha and S K Jain, is one of the most recognised in the Indian PE industry. It is now looking to replicate its success in the VC/PE industry in the public market space. WestBridge Advisors’ $500-million fund would primarily focus on public markets, and about 20 per cent of the corpus would find its way into PE deals.
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