Private Equity firms are the ones that gather the funds and sources in different ways, like, gathering them from institutional investors, often from high-net-worth individuals, even from pension funds, and a few other ways, and then invest them into new or already established businesses. But why? Well, to make them grow even more, sometimes taking some stakes in these businesses and even full ownerships at times. Though, do not think that they are more similar to venture capital, nah, Private Equity firms are actually interested in more mature and already established businesses. So, let’s have a look at the top 10 private equity firms in India as of 2025, that do just that. Alright, here we go then.

1. Blackstone Group

By far, as of 2025, we can say with 100% certainty that Blackstone is the biggest private equity company in India. Like, globally they control $1 trillion in assets and have in the past invested $50 billion in India. What are they buying? Tech firms, property, and structure. That’s what! Like, right now, they control a strong $1 trillion globally, and a $50 bln investment in India. Tech companies, real estate, and infrastructure. They are also taking the majority stake in these companies and therefore making decisions.

2. KKR & Co.

Sure enough, another big player is KKR, which is managing $510 billion globally. Like, ever since 2009, they have invested $11 billion and intend to double it right here in the country!  They are fond of putting their money in communication, medicine, and technology. What are their biggest bets? Reliance Jio, Bharti Infratel and Lenskart. And what they’re actually trying to do here in India? That would be to, you know, find companies that are already doing well and help them become even bigger.

3. Carlyle Group

For 20 years, Carlyle has been investing in India and is a firm that actually manages $447 billion across the globe, so that’s that. Like, just so you know, right here in India, they already invested $6.7 billion in financing, infrastructure, and real estate, which is just insane if you think about it for a sec. They have shares in SBI Cards, PNB Housing Finance, and VLCC (a beauty brand), were you aware of that already? Though, just so you know, they are kinda super good at exit games. IPOs like Delhivery and SBI Cards gave a mega profit to Carlyle. So? The next big thing for them? Well, they’re kinda looking for the future, you know, like, these sectors will taste success and yield higher returns down the line.

4. Temasek Holdings

As of 2025, just know that Singapore’s wealth fund Temasek is quite bullish about India. They have $496 billion in assets under management and pumped $37 billion into Indian tech, banking, and healthcare. If you are still underestimating this particular PE firm, well, just know that they have invested in Zomato, Tata Sky, PolicyBazaar, HDFC Bank, and ICICI Bank. How about that now? And sure enough, they continue to do so, another $10 billion will flow in the next three years or so.

5. Sequoia Capital India (Now Peak XV Partners)

Now this next one, you see, has been backing so many hot startups right here in India that you can’t even imagine, and yes, we’re talking about the Peak XV Partners (formerly Sequoia India). Just so you know, so far, the organization now has more than 400 fundings and over $9.2 billion in assets under management. They invested early in BYJU’S, Zomato, and OYO, all of whom now benefit from a billion-dollar valuation, you know? For now, though, they kinda are heavily invested in fintech, edtech, and consumer goods.

6. Warburg Pincus

Alright, next on the list, sure enough,  for more than 20 years, Warburg Pincus has been making investments in the country of India, since its establishment. Today it boasts of US$80 billion in assets. How? Well, it is simple actually, you know, they help companies grow to teach telecom, real estate, and money. They select companies. What are their best bets? As of 2025, well, Bharti Airtel, IDFC, and Lemon Tree Hotels. Now, they understand the boom in infrastructure and the renewable energy industry.

7. Advent International

Simply put, yes, Advent helps develop strategy and/or boost the growth of companies they invest in, but how do they do that? Well, before that, just know a simple but awesome fact, they manage $89 billion worldwide and focus on retail, healthcare, and manufacturing in India. And just so you know, they have supported companies such as Dixcy Textiles and Manjushree to expand. How do they do it though? Well, by fixing the business models, making it more efficient.

8. Bain Capital

And then, Bain Capital takes the Slow And Steady Approach To Invest They are a firm with $170 billion in assets, and invest in finance, IT, and consumer. Are you aware of the fact that they were the driving force behind Axis Bank’s $1.8 billion capital raise and own massive stakes in L&T Finance and Hero MotoCorp? Yes!

9. TPG Capital

Let’s get over with the basic facts first, so, TPG is a private equity giant, operating globally, that has $137 billion in assets. And now, you see, they’re looking to invest in the automotive and healthcare sectors in India. What’s one of their biggest wins? $360 million investment in Tata Motors, were you aware of that? And sure enough, right here in India, with increased healthcare spending, TPG will likely increase its investments in the space.

10. ChrysCapital

Alright, last on the list, ChrysCapital is an Indian company, unlike the other companies on this list. For now, though, they manage about $5 billion worth of assets, but most of their money is in IT, money, and pharma. Fairly recently, you see, ChrysCapital invested in HCL Technologies, Infosys, and Mphasis when they were small. And sure enough, with the rise of IT and fintech, ChrysCapital is going to keep winning.

Conclusion

Things have been changing quite a bit in the PE firm segment of the country, but by far, these have been some big names in India for a very long time now. For whatever reason you wanted to know about these Private Equity firms, we hope that our today’s post was a helpful one to you.