Chryscapital Shuts $700M Continuation Fund in India

01 May 2024

Chryscapital, a leading private equity firm, has successfully closed its $700 million continuation fund focused on investments in India. The closure of this fund underscores Chryscapital's commitment to the Indian market and its confidence in the country's economic prospects.

The continuation fund will provide Chryscapital with additional capital to support its existing portfolio companies and pursue new investment opportunities in India. This move reflects the firm's bullish outlook on the Indian economy despite ongoing global uncertainties.

The fund closure comes at a time when private equity activity in India is gaining momentum, driven by favourable demographics, increasing consumer spending, and a growing entrepreneurial ecosystem. Chryscapital's decision to raise a significant amount of capital signals continued investor interest in the Indian market's growth potential.

Chryscapital has a strong track record of successful investments in India across various sectors, including healthcare, consumer goods, technology, and financial services. The firm's expertise and experience in navigating the complexities of the Indian market position it well to capitalise on emerging opportunities.

With the closure of the $700 million continuation fund, Chryscapital is poised to further strengthen its presence in India's vibrant investment landscape. The firm aims to leverage its deep industry knowledge and network to identify high-potential companies and drive value creation for its investors.

As Chryscapital continues to deploy capital from the new fund, it remains committed to partnering with innovative businesses and supporting their growth aspirations. The closure of this fund reaffirms Chryscapital's confidence in India's long-term economic trajectory and its commitment to contributing to the country's growth story.

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