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

By Ajay Ramanathan

  • 26 Mar 2025
Pro
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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