Practus (earlier MyCFO) and Hurun India released the first edition of the Practus Hurun India PE Performers 2022, a report that ranks India’s best performing PE backed companies. Private Equity in India is at the beginning of the “J Curve”, ready to accelerate. The report, Practus Hurun India PE Performers 2022 is an attempt to highlight ‘companies that have demonstrated growth in financial performance as well as ‘investors who have backed these high performers.’
Speaking at the launch of the report, Deepak Narayanan, CEO & Founder, Practus, “The Practus Hurun India’s Top PE Performers 2022 showcases companies who have delivered improved revenues, profitability and operating cash flows in FY21. This report is an extension of the philosophy that great performance leads to improved valuations and value creation for all stakeholders concerned, and duly recognises the contributions made by fund managers. We are delighted to partner with Hurun and this we hope is the beginning of a longer-term partnership with Hurun India, where we continue to celebrate measurable business performance and valuation improvements by PE Funds”.
Anas Rahman Junaid, MD and Chief Researcher of Hurun India, said, “The next phase of India’s value creation has to be driven by the combination of capital and intellect. Private Equity funds along with their managers is one such catalyst that could accelerate value creation in the Indian economy.