WHAT WE DO
INDIA PRIVATE CREDIT
India’s projected economic ascent to a USD 10 trillion GDP by 2030 (IMF) is fueling the rapid growth of its private credit market. We capitalize on this compelling investment opportunity.
INDIA
We focus primarily on mid-sized Indian companies, where our expertise, specialized collateral structuring, fixed plus equity-linked coupons, direct company approach, and extensive network provide a distinct advantage in sourcing and executing deals.
PRIVATE CREDIT
We structure private credit investments with bespoke negotiated terms exclusive to our fund. These are privately placed corporate bonds with contractual capital protection, high-quality collateral, fixed coupons, and possible equity-linked participation.
PERFORMING
We invest exclusively in companies that demonstrate strong operating cash flow, a proven ability to repay, and the capacity to provide ring-fenced collateral. We do not invest in distressed companies or non-cash flow generating businesses.
SPECIAL SITUATIONS
We focus on investing in special situations where companies require capital but lack access to traditional bank lending or public markets. In such scenarios, our capital and strategic involvement become critical drivers of value creation.
HISTORIC OPPORTUNITY
BIPC was established in 2024 to capitalize on a significant investment opportunity: India’s rapidly expanding private credit market. Projected to quadruple to USD 60-80 billion by 2030 (EY), this market offers investors the potential to earn compelling risk-adjusted returns and generate significant wealth.
Several key factors are driving the rapid growth of India’s private credit market:
Indian companies are experiencing robust revenue growth, at nearly twice the rate of the S&P 500 on average
To support this growth, companies require substantial capital investment, in most cases, without diluting shareholder ownership
- Regulatory and other constraints have significantly limited bank lending to companies since 2016, with demand considerably exceeding supply
- Private credit provides an effective funding solution and is currently the fastest-growing segment of India’s capital markets
This attractive investment landscape is further strengthened by India’s robust economic growth. The IMF forecasts India’s GDP to expand by 50% between 2025 and 2029, becoming the third-largest globally.
For our investors, India private credit presents a compelling opportunity to benefit from India’s economic ascent:
Investors benefit from strong risk-adjusted returns, featuring equity-competitive returns and robust contractual downside protection on each investment
Offers a favorable risk-return profile, strategically positioned between bank credit and private equity
Provides diversification benefits stemming from its distinct profile compared to private credit in developed markets
Our expertise and proven investment approach can deliver notable alpha to our investors
