Airtel Acquires 20% Stake in Bharti Telemedia from Warburg Pincus

The Rise Fund (TPG) Invests $200M in Airtel Africa's Mobile Money Business (AMC BV)

March 18, 2021

Payments & Fintech

The Rise Fund, TPG’s impact investing platform, will invest $200 million for a minority stake in Airtel Mobile Commerce BV (AMC BV), Airtel Africa’s mobile money business, valuing the business at $2.65 billion on a cash- and debt-free basis. Airtel Africa will retain a majority stake; proceeds are earmarked to reduce group debt and invest in network and sales infrastructure, and Airtel aims to explore a potential listing of the mobile money business within four years.

Warburg Pincus and DTCP Acquire Majority Stake in Community Fibre

July 29, 2020

Telecommunications

Funds advised by Warburg Pincus and DTCP have acquired a controlling majority stake in Community Fibre, London’s 100% full‑fibre broadband provider. The new investment will fund an accelerated roll‑out to reach one million London households and businesses, with Olaf Swantee joining as Executive Chairman.

Apax Partners and Warburg Pincus Acquire T-Mobile Netherlands for €5.1bn

September 7, 2021

Telecommunications

Funds advised by Apax Partners and Warburg Pincus have agreed to acquire T-Mobile Netherlands Holding B.V. from Deutsche Telekom AG and Tele2 AB in a deal valuing the company at an enterprise value of €5.1 billion. Under the new ownership, T-Mobile Netherlands will become an independent Dutch company and the buyers plan to support management in accelerating network and fibre-to-the-home growth while continuing to expand its consumer and fixed-broadband customer base.

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.

iQSTEL Acquires 51% Stake in QXTEL

January 23, 2024

Telecommunications

iQSTEL Inc. has entered into a binding agreement to acquire 51% of the capital stock of QXTEL, a wholesale telecommunications provider with offices across Miami, London, Buenos Aires, Istanbul, Belgrade and Dubai. Management said the deal nearly doubles iQSTEL's revenue, brings new wholesale carrier customers and executive talent, and will be integrated to drive operating efficiencies and margin expansion.

Warburg Pincus to invest ~$100M in boAt (Imagine Marketing Private Limited)

January 5, 2021

Consumer Products

An affiliate of Warburg Pincus will invest approximately $100 million in boAt (Imagine Marketing Private Limited), a leading Indian direct-to-consumer brand in personal audio and wearables. The growth investment will support boAt's market expansion, R&D, manufacturing capabilities under the Make-in-India initiative, and product portfolio expansion.