A Decade in India: A Warburg Pincus Perspective

CASI Seminar
Mr. Charles Kaye and Mr. Dalip Pathak
Co-President, Warburg Pincus LLC (Kaye) and Managing Director, Warburg Pincus LLC (Pathak)
Logan Hall, 14 (Terrace Room)249 S. 36th Street Philadelphia, PA 19104

Please join us for this special lecture delivered by Charles R. Kaye and Dalip Pathak, both of Warburg Pincus LLC. Warburg Pincus was one of the earliest private equity investors in India, seeing great potential in Indian businesses ranging from telecommunications, financial services, and hardware manufacturing. In March 2005, Warburg Pincus sold a portion of their stake in Bharti Tele-Ventures, now one of the largest providers of mobile telecommunications in India. The $560 million sale, a 6% stake of Bharti, garnered headlines as one of the largest single-day sales in the history of the Indian equity markets.

Mr. Kaye and Mr. Pathak will offer their insights on this success story of collaboration between American investment and Indian technological entrepreneurship, perhaps a model for ways private capital has the potential to meet India’s infrastructure challenges.

Mr. Kaye is jointly responsible for the management of the firm in New York, including the formulation of strategy, oversight of investment policy and decisions, leadership of the firm's executive management group and the coordination of limited partner communications. Mr. Pathak is a member of the firm’s executive management group in London and is currently responsible for the firm’s investment activities in Europe and India.

The Nand & Jeet Khemka Distinguished Lecture Series is an endowed public program of the Center for the Advanced Study of India (CASI). Launched in the 2007-08 academic year, and made possible through the generous support of the Nand & Jeet Khemka Foundation, the series brings renowned India specialists to the Penn community and serves as a critical forum for analyzing and understanding the complex economic, political, social, and cultural changes that the world’s largest democracy is experiencing, as well as the challenges that lie ahead.
The Saluja Global Fellows Program has been made possible by the generous gift from Vishal Saluja ENG’89 W’89. CASI was excited to launch the program during the 2022–23 academic year, coinciding with the Center’s 30th Anniversary. This new program enables CASI to invite eminent leaders and rising experts on contemporary India preferably from the fields of media, culture, law, and contemporary history to be in residence for one to two weeks at CASI.