“There is clearly more selectivity ₹2,000-3,000 crore range, deals need sharper differentiation on growth, quality and valuation to see strong traction,” said Raghav Gupta, joint managing director, IIFL Capital. He added that participation by family offices, high net worth individuals/ultra high net worth individuals (HNIs/UHNIs) investors and alternative medium investment (AIF) high-quality stories is increasing.
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