India’s private debt market is projected to exceed $18 billion in assets under management (AUM) by the end of 2024, according to a report by Preqin. The growth is driven by businesses seeking flexible financing options amid economic expansion.
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- Private debt market in India expected to surpass $18 billion AUM by 2024.
- Growth from $14 billion in 2022 to nearly $18 billion in 2023 marks a 29% increase.
- India is now a regional leader in private debt, outpacing Asia Pacific markets.
- Regulatory reforms like the Insolvency and Bankruptcy Code have boosted investor confidence.
- Private debt is the fastest-growing asset class in India.
- Venture capital remains dominant with AUM nearing $45 billion in 2023.
- 560 deals exceeding $6 billion occurred in the first half of 2024.
- Private equity shows resilience with stable exit volumes and strong fundraising.
- Over $1 billion raised by June 2024, compared to less than $2 billion in 2023.
- Private equity exit volumes reached 85 in 2023 and 46 by mid-2024.
