
"One of the key concerns for the growth of the industry, until about a year ago, was the lack of exit options which translated into difficulties in re turning capital to investors, affecting the capital-raising cycle in turn. The only option was strategic sale or sale to another PE, and this was a limited market and had inherent challenges in valuation,"
Harish HV
Partner, Grant Thornton India LLP
This article appeared in Economic Times on 07th June, 2017.
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