In a landmark moment for India’s private equity (PE) landscape, homegrown investment firm ChrysCapital has closed its tenth fund — Fund X — at $2.2 billion, marking its largest-ever fundraising and one of the biggest by any India-focused PE fund. The milestone underscores the growing global and domestic investor confidence in India’s long-term growth potential and ChrysCapital’s reputation for delivering consistent returns across cycles.
A Record-Breaking Raise
The $2.2 billion Fund X represents a significant leap from ChrysCapital’s previous fund, Fund IX, which had closed at $1.35 billion in 2022, indicating a 60% increase in fund size. According to people familiar with the development,
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