EQT to Acquire Indostar Home Finance and Invest INR 5 Billion for Growth

BPEA EQT Mid‑Market Growth Acquires Majority Stake in Indium Software

December 22, 2023

IT Services

BPEA EQT Mid‑Market Growth has agreed to acquire a majority stake in Indium Software, a Chennai‑headquartered digital engineering company, from existing shareholders. The fund will partner with CEO Ram Sukumar and Indium's management to scale go‑to‑market efforts and expand next‑generation capabilities across AI, advanced analytics and digital engineering; the deal is expected to close in Q1 2024.

EQT (MMG fund) Majority Investment in PropertyMe

December 4, 2025

Cloud & SaaS

EQT’s BPEA Mid-Market Growth Partnership (MMG fund) agreed to invest in PropertyMe, making EQT the majority investor in the Australian and New Zealand cloud-based PropTech platform. The transaction will pair EQT’s software and AI expertise with PropertyMe’s product innovation (including AiMe and MePay) to accelerate growth and geographic expansion while the founders retain a significant minority stake.

Bain Capital to Acquire 90% Stake in Adani Capital and Adani Housing Finance

July 23, 2023

Financial Services

Bain Capital has entered into a definitive agreement to acquire 90% of Adani Capital and Adani Housing (Adani Housing Finance), buying out the Adani family's private investments while Gaurav Gupta will roll his stake and remain CEO. Bain is committing approximately $120 million (INR 1,000 crore) of primary capital and providing a $50 million liquidity line to support growth as the lenders scale MSME, housing and rural lending; the deal is expected to close in Q4 2023 subject to approvals.

BPEA EQT Acquires Majority Stake in Indira IVF

July 28, 2023

Healthcare Services

BPEA EQT (BPEA Private Equity Fund VIII) has agreed to acquire a majority/control stake in Indira IVF, India’s largest network of fertility clinics, from TA Associates and the founding Murdia family. The investor said it will back Indira IVF’s R&D and digital capabilities while expanding the clinic network across India and into adjacent markets as part of a growth and scale strategy.

EQT Private Equity Invests in Indesso Group

May 10, 2021

Food & Beverage

EQT Mid Market Asia III (EQT Private Equity) has invested in Indesso Group, a Jakarta-headquartered provider of natural flavor & fragrance ingredients and food & wellness solutions. The founding Gunawan family retains a majority stake and management control; EQT will support Indesso's product innovation, sourcing, digitalization and inorganic growth across Southeast Asia.

BPEA EQT-led Consortium (BPEA Private Equity Fund VIII) and ChrysCapital Acquire 90% of HDFC Credila

June 20, 2023

Financial Services

A BPEA EQT-led consortium (BPEA Private Equity Fund VIII), alongside co-investor ChrysCapital, agreed to acquire a 90% stake in HDFC Credila from Housing Development Finance Corporation Ltd. The consortium will infuse INR 20 billion of primary capital to support HDFC Credila’s growth, accelerate its digital transformation, and expand its footprint while HDFC will retain a 9.99% minority stake.