Is India’s secondaries market hitting an inflection point?

India’s secondaries investment market is entering a period of significant growth after years of being considered an immature asset class. Several established Asian mid-market investment firms, including TR Capital, Neo Asset Management, and Kenro Capital, have recently expanded their secondaries operations into India or launched dedicated secondary investment vehicles focused on the country.
Multiple factors are supporting this expansion. The Indian IPO market has strengthened considerabl