Private Capital
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Demand for private credit booms in 2023 as funding winter deepens

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Private Capital

Private Capital

Demand for private credit booms in 2023 as funding winter deepens

08 Dec 2023

1 min read
Madhur Singhal, Managing Partner and CEO of Praxis Global Alliance, predicts that Private Credit assets under management in India will reach $60-70 billion by 2028, four times the $15 billion recorded in 2022. Singhal also highlights the government's support for the Private Credit industry through investor-friendly regulations, indicating a positive outlook for the future.

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