Warburg Pincus in talks to sell its 26% stake in IndiaFirst Life
Warburg Pincus is reportedly in talks to sell its 26% stake in IndiaFirst Life Insurance, a move potentially valuing the insurer at over Rs 10,000 crore. Recent changes to insurance laws, including a higher foreign investment limit, are attracting a wider pool of potential buyers and easing control constraints for strategic investors and private equity funds.
Warburg Pincus is reportedly in talks to sell its 26% stake in IndiaFirst Life Insurance, a move potentially valuing the insurer at over Rs 10,000 crore. Recent changes to insurance laws, including a higher foreign investment limit, are attracting a wider pool of potential buyers and easing control constraints for strategic investors and private equity funds.
