Indian private markets poised for new era

India is seeing more domestic capital flow into private markets due to financialization of savings, growing entrepreneurship culture, and good returns, experts said at Mint India Investment Summit and Awards 2025 on Saturday.

- Nehal Chaliawala

"Financialization of savings has been a story since 1991 at least. It's moved from physical assets like real estate and gold, and finding its way from bank deposits to public markets and to AIFs," Imran Jafar, managing partner, Gaja Capital, said.

"The silver lining of the private equity-venture capital story in India in last 20 years is the exit track record of last five years. That's a game changer."

AIFs, or alternative investment funds, pool investments in assets including startups, real estate, and commodities. With a minimum investment of 1 crore, they are accessible to high-net-worth individuals.