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The Economic Times

Global Business / The Economic Times

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Hillhouse buys minority stake in Carlyle-backed Quest Global at $4.5b valuation

Hillhouse Investment has bought a minority stake in Quest Global, an engineering services firm. The deal value was not disclosed. Quest Global operates globally with over 21,000 employees. This investment is part of the company's pre-IPO fundraising. Quest Global is also considering moving its parent entity to India for a potential listing on Indian stock exchanges.

24 Feb 2026 12:52 am