Foreign Capital Ne Lagaya Paisa
Motilal Oswal Alternate (MOA) ka apna paanchva private equity fund, India Business Excellence Fund V (IBEF V), record ₹8,500 crore par close ho gaya hai. Ye fund apne initial target ₹6,500 crore se kaafi upar hai aur sirf 10 mahine mein hi apna hard cap reach kar liya. Ye MOA ke history ka sabse bada fund hai. Sabse cool baat ye hai ki, pehli baar bade international Limited Partners (LPs) ne is fund mein dher saara paisa lagaya hai. IFC aur Adams Street Partners jaise bade players shamil hain, aur saath mein India ke bhi banks, insurers, aur family offices ne support kiya hai. Ye dikhata hai ki global capital ka India ke private markets mein interest kitna badh gaya hai.
Kahan Lagane Wale Hain Paisa?
Ye jo ₹8,500 crore ka bada fund hai na, isko lagbhag 14 companies mein invest kiya jayega, 7-8 saal ke fund cycle mein. Har ek investment USD 40 million se lekar USD 100 million tak ka ho sakta hai. MOA ka focus sectors pehle se hi clear hain: consumer, healthcare, financial services, aur niche manufacturing. Aur ye lagbhag 90% se zyada profitable companies mein hi paisa lagayenge. Zyada tar ye minority stakes lenge, par alag-alag 20% tak fund ka use majority stake lene mein bhi ho sakta hai. Abhi tak 20% fund deploy ho chuka hai, aur March tak ise 35% karne ka plan hai.
Market Ka Kya Scene Hai?
India ka private equity market ab bohot bada ho gaya hai. 2025 mein $36.8 billion ka deal value hua hai, jo ki 3 saal ka record hai. Economy bhi 6.6% ke hisab se 2026 tak grow karne wali hai, jo duniya mein sabse fast growing major economy ban jayegi. Lekin bhai, jab itna paisa aa raha hai India mein, toh competition bhi kaafi badh gaya hai. Blackstone, KKR, aur Temasek jaise bade global players bhi yahi sectors mein invest kar rahe hain. Is wajah se companies ke valuations bhi thode high ho sakte hain, aur MOA ko apna 20% IRR ka target achieve karne mein thodi mehnat karni pad sakti hai.