The Economic Times

Indias PE market turns tougher as buyers seek more protection: Khaitan & Co Survey

Indian private equity buyers now demand greater seller protection and price adjustments. Purchase price adjustments rose significantly, reflecting increased buyer caution and selectivity. Holdbacks and escrow arrangements also saw a sharp increase for buyer recourse. Interim operating covenants and seller restrictions have become more prevalent in deals. This indicates a more mature market where risk allocation is carefully managed.