Warburg Pincus Invests $95M in Home First Finance

Warburg Pincus Acquires Shriram Housing Finance (now Truhome Finance) with Co-Investors Including QIA

January 15, 2025

Financial Services

Warburg Pincus, alongside co-investors including Qatar Investment Authority (QIA), acquired Shriram Housing Finance Limited from the Shriram Finance Group in December 2024 and the company has rebranded as Truhome Finance. The investment (part of which totaled ₹1,225 crore) strengthens the firm’s capital base (AUM ~INR 16,000 crore) to support scaling of affordable housing finance across India.

Warburg Pincus Acquires 80% Stake in Avanse Financial Services

March 16, 2019

Financial Services

An affiliate of Warburg Pincus has entered into a definitive agreement to acquire an 80% equity stake in Avanse Financial Services Limited from Wadhawan Global Capital. Warburg Pincus will also infuse INR 3,000 million of primary equity capital to support Avanse's growth as a specialized education finance NBFC in India.

Warburg Pincus and ADIA to Invest ~Rs.7,500 Crore in IDFC FIRST Bank

April 17, 2025

Financial Services

IDFC FIRST Bank approved a preferential issue of convertible preference shares totaling approximately Rs. 7,500 crore: ~Rs. 4,876 crore to Currant Sea Investments B.V. (an affiliate of Warburg Pincus) and ~Rs. 2,624 crore to Platinum Invictus B 2025 RSC Limited (a wholly owned subsidiary of ADIA). The capital raise, subject to shareholder and regulatory approvals, will strengthen the bank’s capital adequacy (CET-1 and overall ratios) and support its next phase of growth.

Warburg Pincus to Acquire Majority Stake in Vistaar Finance

October 10, 2022

Financial Services

An affiliate of Warburg Pincus has entered into definitive agreements to acquire a majority stake in Vistaar Finance, a Bengaluru-based NBFC that provides secured loans to micro, small and medium enterprises across India. Exiting shareholders include WestBridge Capital, Elevar Equity, Omidyar Network India and Saama Capital; the deal is subject to regulatory approvals and aims to scale Vistaar's MSME lending franchise.

Fulcrum Equity Partners Invests $11M in HomeFirst Home Healthcare

January 13, 2022

Healthcare Services

Atlanta-based growth equity firm Fulcrum Equity Partners invested $11 million in Nashville-based HomeFirst Home Healthcare to provide growth capital supporting HomeFirst's acquisitions of Mountain Home Health (North Carolina/Georgia) and BridgeWay Home Health (Atlanta area). The funding, supported by existing investors including Harpeth Ventures, will be used to expand HomeFirst's footprint across the Southeast and explore adjacent services such as hospice.

Warburg Pincus Invests $400M in WEX Inc.

June 29, 2020

Payments & Fintech

WEX Inc. agreed to a $400 million private investment from an affiliate of Warburg Pincus, consisting of $310 million of convertible notes and $90 million of common stock, and also obtained an amendment to its senior secured credit facilities to increase financial flexibility. The transaction strengthens WEX's balance sheet and liquidity as it navigates COVID-19 headwinds and supports its strategic initiatives across fleet, travel and healthcare payments.