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StocksMedium•28 April 2026•

1 min read

EQT-Backed Virtusa Plans $1 Billion India IPO at $7 Billion Valuation

Key Facts

1IT services firm Virtusa is exploring an India IPO that could value the company at $7 billion or more.

2The company, owned by Swedish private equity firm EQT, aims to raise $1 billion through the listing.

IT services firm Virtusa is exploring an initial public offering (IPO) in India that could value the company at $7 billion or more. Owned by the Swedish private equity firm EQT, the company aims to raise approximately $1 billion through the listing. This strategic move highlights EQT's intention to capitalize on the robust appetite for technology and IT services within the Indian equity markets. A successful listing would represent a significant liquidity event and underscore the growing attractiveness of India as a destination for major corporate exits. The potential IPO follows a period of strong performance in the Indian capital markets, which have seen a surge in high-profile listings. Industry analysts view this development as a testament to Virtusa's market position and the overall strength of the global IT services sector.