How is Piramal Alts’ BFSI bet turning out as it reinvests at higher valuation?
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How is Piramal Alts’ BFSI bet turning out as it reinvests at higher valuation?

By Ajay Ramanathan

  • 26 Mar 2025
Pro
How is Piramal Alts’ BFSI bet turning out as it reinvests at higher valuation?
Kalpesh Kikani, managing director, Piramal Alternatives

Piramal Alternatives, the alternative investment arm of billionaire Ajay Piramal-led Piramal Group, is set to reinvest in an Indian company that operates automated teller machines for banks after recouping its initial investment. Mumbai-based Piramal Alts, which makes private equity as well as private credit investments and has a distressed assets joint ......

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