With a strategy in mind, to tap opportunities in India’s enterprises sector, US private equity giant Warburg Pincus has agreed to buy a 66% stake in financial services firm Future Capital Holdings with a total investment of rs793 crore. Warburg MD Vishal Mahadevia says: “Warburg believes in backing a strong team and management with system and control” and also believes that Future Capital is a vast opportunity.

US-based Warburg Pincus, one of the first private equity firms to have come to India in 1994, is bullish on the country’s NBFC sector and has bought majority stake in two NBFCs - Future Capital Holdings and AU Financiers - in the last two months.

Even after a change in the shareholding pattern, it would be business as usual for Future Capital, says V Vaidyanathan, vice-chairman and managing director, Future Capital Holdings. In an interview with Niladri Bhattacharya, he outlines the company’s strategy and adds new investor Warburg Pincus is satisfied with the company’s current business model.

Warburg Pincus Acquires Equity Stake in Future Capital Holdings