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Foundation Private Equity looks to ramp up India bets

January 28, 2026

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Mint Bangalore

Foundation Private Equity expects to step up investments in India after deploying about 60% of its maiden $120 million fund in the country, according to top executives at the Singapore-headquartered firm, citing a growing need for liquidity among private equity and venture capital firms.

- Priyamvada C.

"India was our most important market for our Asian strategy, and we did half of the eight deals from our first fund in the country. The region is emerging as one of the most interesting secondary markets out there driven by a conducive regulatory environment and we think there are a lot of the right conditions for this market to really develop," Jason Sambanju, partner, chief executive and founder, told Mint in an interview.

Foundation, a pan-Asian secondaries firm, has also been expanding its local presence and onboarded Dinesh Tiwari as venture partner this month.

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