• SHANTHA NAIK H

ABSTRACT: Over the last 25 years, India's venture capital and private equity industry has grown a lot. This growth has happened because the Indian economy became more open and a new, active start-up environment started to develop. Although the Fintech sector has been a favorite for venture capital and private equity investments, there hasn't been much research on private equity activities in this area. This study aims to fill that gap by giving a detailed look at how private equity investments work in the Fintech industry in India. The research looks at private equity investments and exits in the Indian Fintech industry from 1998 up to the first quarter of 2023. Our findings show that the Fintech industry in India has received a lot of investment, often at higher valuation levels. Some parts of the industry have seen even more investment and higher valuations. Private equity investors have made good returns through exits in the Fintech sector, with mergers and acquisitions being the main way to exit during this time. However, the study also shows that the valuations at the time of exit were lower than the valuations at the time of investment. This research offers important information for investors and entrepreneurs who want to understand the Indian Fintech industry and the opportunities it offers for private equity investments.

KEYWORDS: Private equity, Fintech, Start-up, Investors.

"Private Equity in India: A Lifecycle Analysis of Fintech", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.11, Issue 7, page no.i534-i539, July-2024, Available :http://www.jetir.org/papers/JETIR2407855.pdf

"Private Equity in India: A Lifecycle Analysis of Fintech", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.11, Issue 7, page no. ppi534-i539, July-2024, Available at : http://www.jetir.org/papers/JETIR2407855.pdf