<h1>IVCA Conclave 2025 Highlights: Secondary Markets, Private Credit, and Growth Investing Drive India's Investment Climate</h1> The IVCA Conclave 2025 in Mumbai concluded with discussions on secondary markets, private credit, and growth investing. Key topics included India's investment climate, regulatory developments, and capital allocation strategies. Notable speakers highlighted GIFT City's evolution as a financial hub and the growing role of secondary transactions as a liquidity avenue. The IVCA-Praxis Report revealed $60 billion in private investments in 2024, with growth stage investments reaching record highs. Discussions also covered the rise of CAT III funds, private credit's expanding role, and exit strategies in capital markets. The event ended with the IVCA Alternate Capital Excellence Awards 2025, recognizing achievements in the private capital industry.