Private Credit Investments in India Hit All-Time High at $5.1 Billion in 63 Deal

Private Capital

07 Dec 2023

Madhur Singhal, managing partner and CEO, Praxis Global Alliance, stated, “At Praxis, we expect Private Credit AUM in India to reach $ 60-70 billion (4x of $ 15 billion in 2022) by 2028. Investors remain bullish on the India growth story with LP allocations to Private Credit in India expected to increase in 2024 and beyond. The government has also supported the Private Credit industry through progressive investor-friendly regulations.

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