American private equity (PE) giant TA Associates is betting big on sectors such as financial services, healthcare, technology, and consumer in India, as it carves out an investment strategy from its latest $12.5-billion fund.
So far this year in India, TA Associates has invested in biopharma-focused tech services company Zifo RnD Solutions. The transaction, which was sealed earlier this year, marks the PE giant’s first India investment from its 14th flagship fund, TA XIV, which was closed last year surpassing its original $10.5-billion target.