Next deals will be largish, controlling and transformative: KKR India CEO

Sanjay Nayar shares KKR India's investment plans

Foreign Institutional Investors (FIIs) withdrew about $1.7 billion of funds from the Indian stock market last month amid talks of an interest rate cycle reversal in the US. However, US-based private equity (PE) funds continue to pump in money in private space. Sanjay Nayar, chief executive officer of KKR India, in an interview with Abhineet Kumar on why private equity (PE) firms continue to be bullish on privately-held Indian companies at a time when there are valuation concerns for publicly-listed companies. He also shares KKR India’s investment plans. Edited excerpts:

At a time when foreign portfolio flows are waning, private equity