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Warburg Pincus in talks to sell its 26% stake in IndiaFirst Life
The Times Of India· 2025-12-29 01:43
Representative imageThe private equity firm, through its affiliate Carmel Point Investments India, holds about 26% in the insurer and has received interest from several suitors, including strategic investors and private equity funds. The sale would rank among the larger secondary transactions in India's insurance sector, coming after a planned IPO was deferred due to market volatility.Warburg entered IndiaFirst Life in June 2018 by agreeing to acquire the entire 26% stake held by Legal & General for Rs 710. ...