Mumbai: The Indian Venture and Alternate Capital Association (IVCA) will host the IVCA Secondaries Conference 2025 in Mumbai on 21 August. The event, supported by Blume Ventures, Foundation Private Equity, Madison India Capital, TPG NewQuest, PwC, YourNest Venture Capital, and others, will convene leading LPs, GPs, family offices, and policymakers to explore the growing secondaries market in India.

The backdrop is strong—AIF commitments have crossed ₹13.5 lakh crore as of March 2025, with many funds reaching mid-to-late cycles. Globally, secondaries touched $156 billion in 2024, with GP-led deals and continuation funds dominating activity.

Rajat Tandon, President of IVCA, noted that secondaries will be pivotal in unlocking liquidity, optimizing capital, and sustaining growth. Echoing this, speakers such as Ashish Fafadia (Blume Ventures), Jason Sambanju (Foundation Private Equity), Mamtesh Sugla (TPG NewQuest), Kunal Shah (PwC), and Sunil Goyal (YourNest) emphasized how secondaries are evolving into a critical value-creation tool, offering flexibility to GPs and deeper participation for investors.

Industry leaders highlighted secondaries’ role in exits, portfolio realignment, and continuity funds—benefiting institutional investors, family offices, and ultra-HNIs. Madison India Capital pointed to its track record of delivering liquidity to 500+ shareholders and over 25 institutional investors, underlining market momentum.

The conference promises global and domestic perspectives, shaping best practices and policy frameworks. By enabling collaboration and dialogue, IVCA aims to position India as one of Asia’s fastest-growing secondaries markets, strengthening investor confidence and driving long-term ecosystem growth.