Summit Partners opens India office
Private equity house Summit Partners has opened a new office in Mumbai, India, as part of efforts to help portfolio companies expand there.
The new presence will allow Summit Partners to increase its investment activity in India, but will also be used to provide support to American and European portfolio companies looking to expand in the region - these include Belkin International, Ogone and Snap Fitness.
The office will be managed by director Amit Chaturvedy, assisted by associates Gaurav Prakash and Miloni Shah.
Summit Partners now operates offices in London, Boston, Palo Alto and Mumbai. The firm is currently investing from six equity and subordinated debt funds that total more than $9bn.
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