Buyout fund research profile
Apax has a technology-heavy India history within its global buyout platform, with Rohan Haldea overseeing Apax India and participating in the firm’s major India-linked technology transactions. The strategy is operationally oriented and concentrated in technology and tech-enabled services.
At a glance
Research profile
Open a section to inspect the evidence. The first view starts with the investment point of view; the rest stays quiet until you need it.
Investment lens
Apax Partners (India) uses a buyout approach across Technology services, internet and consumer, healthcare.
Current evidence
Apax’s current India team page names Harjot Dhaliwal as Partner and Head of India and Varunsrinivas Sridharan as a Mumbai-based Vice President who joined in 2025. Apax’s current investment pages identify India-linked positions including GlobalLogic, Fractal Analytics, Manappuram Finance and Chola, while iD Fresh Food announced a strategic investment from Apax Funds in January 2026. Healthium’s 2024 sale to KKR is retained as a verified India outcome. India-only allocation and fund-level returns remain not publicly disclosed.
Strategy
Buyout
Sector focus
Technology services, internet and consumer, healthcare
AIF structure context
Indian private equity, growth, buyout and many real-asset strategies are commonly structured as Category II AIFs. Verify the specific vehicle and registration before investing.
Current signal
Apax’s current India team page names Harjot Dhaliwal as Partner and Head of India and Varunsrinivas Sridharan as a Mumbai-based Vice President who joined in 2025. Apax’s current investment pages identify India-linked positions including GlobalLogic, Fractal Analytics, Manappuram Finance and Chola, while iD Fresh Food announced a strategic investment from Apax Funds in January 2026. Healthium’s 2024 sale to KKR is retained as a verified India outcome. India-only allocation and fund-level returns remain not publicly disclosed.
Investor questions
Apax Partners (India) is covered in Rupeia's private equity research universe. The current public record describes the strategy as Buyout, with a sector focus of Technology services, internet and consumer, healthcare. The profile should be read with the linked source trail and Typical route: Category II AIF context.
The profile displays only company or asset names attributable to Apax Partners (India) in the reviewed public sources: GlobalLogic, Fractal Analytics, iD Fresh Food, Manappuram Finance, Chola, Healthium. It does not represent a complete current portfolio unless the manager has published one.
Apax’s GlobalLogic investment is listed as realised and its partnership page describes operational-excellence work; the firm has also backed Fractal Analytics and iD Fresh Food. India fund-level IRR and DPI are not disclosed in the reviewed record. These signals are not a substitute for fund- and vintage-specific net performance, realised distributions and audited or administrator-supported reporting.
Public fund size: Apax Global Buyout XI was reported at more than $12B; no India-only vehicle size is disclosed.. Public terms or access information: Global buyout investing with India activity concentrated in technology, business services, consumer and selected healthcare. India cheque sizes and reserve policy are not consistently disclosed.. Current fees, minimum commitment and availability must be confirmed for the exact named vehicle in its fund documents.
The current source record names Harjot Dhaliwal (Partner, Head of India); Varunsrinivas Sridharan (Vice President, India team); Rohan Haldea (former India team member / prior record). Verify current roles, departures, attribution and key-person provisions before relying on the team history for a new commitment.
Review entry valuation, leverage, governance rights, concentration, execution of the value-creation plan and exit timing. The current open diligence point is: India-only fund allocation and fund-level realised performance remain not publicly disclosed; positions are disclosed at the Apax Funds/global platform level rather than through a dedicated India-only vehicle..
2026-01-05: Apax’s current India team page names Harjot Dhaliwal as Partner and Head of India and Varunsrinivas Sridharan as a Mumbai-based Vice President who joined in 2025. Apax’s current investment pages identify India-linked positions including GlobalLogic, Fractal Analytics, Manappuram Finance and Chola, while iD Fresh Food announced a strategic investment from Apax Funds in January 2026. Healthium’s 2024 sale to KKR is retained as a verified India outcome. India-only allocation and fund-level returns remain not publicly disclosed.
Next step
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