Newswire

Edelweiss Mutual Fund sells 15% stake to WestBridge Capital

Global investor picks up stake for Rs 450 crore, betting on India's growing mutual fund market

Global investor picks up stake for Rs 450 crore, betting on India's growing mutual fund marketAditya Roy/AI-Generated Image

Summary: WestBridge Capital, a global investment firm, is poised to acquire a stake in Edelweiss Mutual Fund. All you need to know about it.

Edelweiss Financial Services on Friday announced that global investment firm WestBridge Capital will acquire a 15 per cent stake in Edelweiss Asset Management for Rs 450 crore.

Edelweiss Mutual Fund currently manages equity assets worth Rs 72,600 crore, with total assets under management (AUM) of around Rs 1.52 lakh crore, making it the 13th largest fund house in the country, as of June 2025.

According to the press release filed on the exchanges, Edelweiss Financial Services stated that the current transaction values the business at a P/E of 57 times, which aligns with the industry benchmark of 30 to 60 times.

Who are WestBridge Capital?

WestBridge Capital, which manages over $7 billion globally, has a two-decade track record of investing across private and public markets.

Commenting on the development, Radhika Gupta, MD & CEO of Edelweiss Mutual Fund, said, “We are delighted to partner with WestBridge Capital, a like-minded and long-term partner whose strategic insights and ecosystem will accelerate our next phase of growth. The mutual fund opportunity in India is just taking off, and we are confident of building Edelweiss MF into one of India’s most admired asset managers.”

The proposed transaction is subject to approvals from the Securities and Exchange Board of India (SEBI), the Competition Commission of India (CCI) and other customary clearances.

Also read: Altiva SIF: Edelweiss enters SEBI's new fund space

Ask Value Research aks value research information

No question is too small. Share your queries on personal finance, mutual funds, or stocks and let us simplify things for you.


Other Categories

Mutual Fund Insight turns 24! 🎉 Get 2 FREE anniversary guides: The Right SIP + The Big Funds