TPG Capital LP and Warburg Pincus are reportedly in preliminary discussions to acquire a stake in Sirion Labs Pvt, a software company backed by Partners Group Holding AG that specializes in managing and automating contracts. According to sources familiar with the situation, the private equity firms are considering a majority stake, which is expected to exceed $500 million in value. These individuals requested anonymity due to the confidential nature of the negotiations. There are ongoing discussions, and other potential investors may also join the talks.
Both TPG and Warburg Pincus have opted not to comment, and Sirion Labs has not responded to requests for comment.
This potential transaction underscores the growing interest of investors in artificial intelligence-driven digital businesses that streamline processes and reduce the time employees spend on routine tasks. Sirion Labs, established in New Delhi in 2012, later relocated its headquarters to the United States. The company’s valuation reached $1 billion last year following its acquisition of Eigen Technologies, as reported by TechCrunch.
Ajay Agrawal, co-founder of Sirion Labs, also co-founded UnitedLex Corp, which received a majority investment from CVC Capital Partners Plc in 2018. Sirion Labs has additional backing from investors such as Peak XV Partners, Brookfield Growth, and Avatar Capital.
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Published on November 22, 2025.






