Warburg Pincus in talks to sell stake in IndiaFirst Life
pre-market1 source ↓written by the desknot a recommendation
- in IndiaFirst Life
- 26% stake
- the company
- ₹10,000 crore
Warburg Pincus is in advanced discussions to sell its 26% stake in IndiaFirst Life Insurance, valuing the company at ₹10,000 crore. This move could attract global strategic investors and private equity funds, with bids expected in the first week of December. The sale follows a deferred IPO due to market volatility.
Not investment advice. For informational purposes only.