Warburg Pincus in talks to sell its 26% stake in IndiaFirst Life
MUMBAI: Warburg Pincus is in talks to sell its 26% stake in IndiaFirst Life Insurance, a move that could value the Mumbai-based insurer at over Rs 10,000 crore, as changes to insurance laws widen the pool of potential buyers and ease control-related constraints.The private equity firm, through its affiliate Carmel Point Investments India, holds about…
