Investcorp to Deploy $250 Million in India This Year, Focus on Key Sectors

• Investcorp, a global alternative investments manager, plans to deploy $250 million in India in 2024, as stated by CIO Rishi Kapoor at WEF Davos.
• The investment will be spread across 2-3 deals, with an average ticket size of $100 million per investment.
• Key sectors for investment include healthcare, consumer (including technology), IT services, and financial services, aligning with Investcorp's global thesis.
• Since entering India in 2018, Investcorp's AUM has surpassed $1 billion, backing companies like Xpressbees and InsuranceDekho.
• Investcorp is avoiding data center investments due to compressed returns but is keen on AI, cloud computing, and digital infrastructure.

Why It Matters: Investcorp plans significant $250 million investment in India's healthcare, tech, and financial sectors this year.