TPG and Warburg Pincus Explore $500 Million Majority Stake in Sirion Labs

By siliconindia  |  Saturday, 22 November 2025, 11:48:54 AM IST

TPG and Warburg Pincus Explore $500 Million Majority Stake in Sirion Labs
  • TPG Capital and Warburg Pincus are negotiating to acquire over a $500 million majority stake in Sirion Labs.
  • Sirion Labs, founded in New Delhi and now US‑headquartered, recently bought Eigen Technologies, valuing it at $1 billion.
  • The deal underlines growing investor appetite for AI-driven contract management and automation platforms.

TPG Capital LP and Warburg Pincus are in early talks to take a majority position in Sirion Labs Pvt., evaluating a deal that could exceed $500 million, according to people familiar with the matter. Both firms are drawn to Sirion’s AI-powered platform, which helps businesses automate contract management and cut down on repetitive tasks.

Sirion Labs was founded in New Delhi in 2012 but later moved its headquarters to the United States. Last year, the company acquired Eigen Technologies, a move that pushed Sirion’s valuation to around $1 billion, according to a report.

Ajay Agrawal, one of Sirion's Co-founders, previously Co-founded UnitedLex Corp., a legal technology business that drew major investment from CVC Capital Partners Plc in 2018. Sirion’s current investor roster also includes Peak XV Partners, Brookfield Growth, and Avatar Capital.

The talks highlight how private equity firms like TPG and Warburg are increasingly investing in digital businesses that use artificial intelligence to optimize back office workflows. By backing Sirion, they’re betting on AI to streamline contract lifecycle management, reduce human effort, and improve enterprise efficiency.

Also Read: Microsoft, Nvidia and Anthropic Forge AI Alliance to Scale Next-Gen Models

Neither TPG nor Warburg has commented publicly so far, and Sirion Labs declined to respond. The outcome of the negotiations is still uncertain, and other investors could join the round as discussions continue.

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