Global PE major TA Associates, which completed nine years in India, is focussed on making more investments here, particularly in the areas of technology, and consumer and financial services.
INTEREST FROM GLOBAL PRIVATE EQUITY (PE) investors is not new to India. They invested a record $34 billion in the country last year. With big global PE funds pouring in more money—a sign of growing confidence in India’s growth story— experts are hopeful that the momentum will continue in 2019.
TA Associates is one of the aforementioned believers in the India story. It has been investing here for the past nine years. The firm, regulated by the U.S. Securities and Exchange Commission, has an investment spread of nearly $650 million across 13 firms. Its portfolio includes payments company BillDesk, consumer electronics company Micromax, TCNS Clothing, which owns the women’s wear brand “W”, and broadband services provider ACT, among others.
In an interview with Fortune India, Dhiraj Poddar, 44, managing director, TA Associates, talks about the PE firm’s strategy of investing in India. Edited excerpts:
Tell us about your investment thesis.
We are a late-stage growth equity investor. Our investing approach is flexible; often, we are providers of liquidity to early-round investors and founders. Also, we fund the business in its pursuit of organic or inorganic growth. We are comfortable taking minority and majority stakes. That’s the flexibility we’ve always enjoyed, and is in line with our investment style across the world.
この記事は Fortune India の March 2019 版に掲載されています。
7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。
すでに購読者です ? サインイン
この記事は Fortune India の March 2019 版に掲載されています。
7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。
すでに購読者です? サインイン
IN GOOD COMPANY
BIRDS OF A FEATHER MAY FLOCK TOGETHER, but what about other collectives of critters-and what do you call them when they do?
Sense or Nonsense?
Why some birds can taste and smell - but others can't
Food-Focused and Fierce
Meet Canada jays and learn why they eat almost anything they can find
Sparrow Look-Alikes
Distinct sounds help separate these similar species
ON THE MOVE
Birds approach the challenges of migration in surprising ways. Learn about how they walk, swim or take the scenic route during their travels.
Embracing the Darkness
From black plants to moody decor, Gothic garden elements can offer a unique outlet to express your dark side
Autumn Wonders
Fall colors offer befitting backdrops for these stunning reader photos
Red-Hot Plants
Scarlet-hued berries add a pop of color to any garden
YOUR OWN Perfect Prairie
Learn how to cultivate an oasis of grassland flora in your backyard
Maple Mania
Amazing facts about this fall foliage mainstay
THE GE NERAL
How ELIZABETH PRELOGAR, America's low-key, high-powered solicitor general, is holding the Supreme Court's feet to the fire
HELLA, YES
Thirty years into her career, Dutch design star Hella Jongerius proves the best ideas-and objects are those that grow and transform along with us
BAD FAITH
From exiled actors to academics, influencers to intellectuals, VF gets under the hood of the Catholic right's celebrity conversion industrial complex
Boys and THEIR TOYS
Inside the hypermacho, Bible-thumping alt-tech universe trying to take on Silicon Valley-from El Segundo
STRANGER Things
The Democrats' short hot summer of \"weird\"
CHARM SCHOOL
In the hands of Ashe Leandro, a historic New York City house gets a delightful makeover
FUNNY BUSINESS
NEARLY 50 YEARS AGO, SATURDAY NIGHT LIVE LAUNCHED A REVOLUTION THAT CHANGED COMEDY, TELEVISION, AND THE MOVIES. NOW DIRECTOR JASON REITMAN HAS RE-CREATED THE CHAOTIC HOURS BEFORE SNL'S FIRST EPISODE. LIVE FROM NEW YORK, IT'S 1975!
A House Divided
The Mellon dynasty has long been known for its old money refinement and discretion. But when TIM MELLON became Donald Trump's biggest donor many members of the family were mystified-and not afraid to talk about it
VANITIES
MAISY STELLA knows how to think outside the box
Changed for Good
Blending architectural styles, the new movie Wicked ventures off the beaten yellow-brick path
Staying Present
At his Manhattan apartment, Queer Eye star and first-time homeowner Antoni Porowski leans into the moment
Going Big
From her vast new studio in the South of France, ceramist Olivia Cognet ups the ante
Table Talk
Gae Aulenti's 1965 marble Jumbo table still has outsize appeal
Earth Tone
In Mexico's Valle de Guadalupe, a new wellness resort looks to the land
BOTH NOW SIDES
SELENA GOMEZ is seriously in loveand making the best work of her career. With the audacious Emilia Pérez hitting theaters and Only Murders in the Building returning to TV, the actor, singer, entrepreneur, and mental health advocate talks, about the climb
shades of eden
In her magical LA garden, artist Mimi Lauter contemplates the cycle of life and the rapturous power of color
GIVE AND LET GIVE
MELINDA FRENCH GATES is speaking out for the rights of women and girls, embracing her role as godmother to her fellow philanthropists, and getting political, even when it's a little uncomfortable.
mother nature
Taking inspiration from her own childhood memories, Jennifer Garner crafts a cozy California home and garden where she and her family can put down roots
THE BILLIONAIRE'S SECRET
THE GERMAN INDUSTRIALIST KLAUSMICHAEL KUEHNE, BORN IN 1937, IS ONE OF THE RICHEST PEOPLE IN THE WORLD, WITH MORE MONEY THAN KEN GRIFFIN, OR MACKENZIE SCOTT, OR FRANÇOIS PINAULT. WHERE DID HIS FAMILY FORTUNE COME FROM? THE NAZIS KNOW
BOTH SIDES NOW
Celebrated for his fantastical, genderfluid fashions, designer Harris Reed brings the same rule-flouting approach to a petite London apartment