Industry Newsroom

Warburg Pincus to Invest Up To US$300 Million in Princeton Growth Ventures (Pan-Emerging Markets)

Global private equity firm Warburg Pincus has agreed to invest up to US$300 million in Princeton Growth Ventures, a telecommunications, media and technology infrastructure platform founded and led by Rangu Salgame. The company will focus on acquiring both standalone and carve-out telecom assets, with a particular focus on data centers and digital media services in geographies including India, China, Southeast Asia, the Middle East and Latin America.