Warburg Pincus to launch $4-B India-specific fund: report

New York-headquartered private equity firm Warburg Pincus is planning to launch an India-specific fund for the first time with a likely corpus of USD 3-4 Billion. Warburg Pincus has invested around USD 5 Billion in India over the last 4-5 years.The portfolio companies of Warburg Pincus include ophthalmic equipment maker Appasamy Associates, furniture fitting and architectural hardware player Ebco, Shriram Housing Finance, Apollo Tyres, Avanse Financial Services, Biba, boAt, Ecom Express, Good Glamm and Home First Finance.