Gravitywell.Research
Private Capital Intelligence · Est. 2026

Mapping thegravity ofcapital.

One platform for India's private capital: firm dossiers, capital indices, ratings and the IPO pipeline, tracked with public-market rigour. India-first, with a global lens.

Explore the research→About the firm
59+
capital providers tracked
10+
sectors covered
11+
capital indices, monthly
25+
ratings issued
Credit Research·Capital Markets·Industry·Economy·RiskScroll↓
Latest →DatasetPrivate-equity cohort filled: 13 PE firms added to FirmsPlatformGP Scores move to per-asset-class rubrics; VC Firms becomes Firms
What we cover

Five pillars. Everything filed under each.

Coverage is countable, not claimed. Each pillar below lists the datasets standing behind it and the date it last moved.

Independent credit views and default-risk analysis across corporates, banks, and structured paper: research, not regulated ratings.

25 rated entities2 reports
Last published Aug 2026India's Private Credit Is Half Domestic

Equity and debt market structure, capital flows, issuance pipelines, and where institutional money is moving next.

59 GP dossiers19 in the IPO pipeline4 reports
Last published Aug 2026The Exit Window

Sector deep-dives: demand, capacity, margins, and competitive structure across the industries that drive output.

10 sector dossiers3 reports
Last published Jul 2026India's Global Capability Centres

Macro trajectory, fiscal and monetary policy, and the regulatory shifts reshaping growth and investment.

42 indicator series1 report
Last published Mar 2026India PLI Analysis

Quantitative risk models, scenario analysis, and the data infrastructure behind institutional decisions.

11 capital indicesCycle ClockMethodology
Standing datasets · revised monthly
Browse the full library→
Capital Cycle Clock · live

Peak / Late-cycle

Capital running hot while fragility builds: bubble-watch, late in the cycle.

110.1
Momentum
formation · realisation · confidence · domestic bid
106.4
Fragility
stress · cost · concentration · external · conditions
Rating action2026-09-07
India · Sovereign: Affirmed

G2 (Strong), outlook Positive affirmed: Q1 FY27 GDP beat every estimate at 7.8%, forex reserves hit an all-time-high $740.8bn, and the rupee had its best month since March 2019.

GP Score2026-09-07
Elevation Capital: 74

Reconciled 76 → 74 under the versioned scoring spine: the published score is now the weighted roll-up of the five factors shown, which had drifted from the hand-set total.

All eleven indices→How every number is built→Uncertainty band, coverage ratio and capped pillars published with every print
Featured research

Current intelligence.

Credit ResearchAug 2026GWR-2026-IN-005

India's Private Credit Is Half Domestic

Domestic managers now write three of every four rupees of large-ticket credit in India, and did so in the same half-year that global private credit posted record defaults. But domestic investors supply only 53.3% of the capital those managers lend, against 48.2% two years ago. This report reconciles the three measures of “domestic”, and prices the vintage.

74%
Of H1 2026 deal value written by domestic managers
53.3%
Of Category II fund capital from domestic investors
Medium confidenceRead →
Capital MarketsAug 2026GWR-2026-IN-003

The Exit Window

India has assembled the largest exit queue in its market's history: ₹4.7 trillion of intended share sales across 238 filings, opening onto a tape foreign investors sold at record pace for most of the year. The headline is an option book, not supply — what converts is what accepts the domestic bid's price. This report sizes the live window, prices the concession, and names who gets paid.

₹4.72trn
The H2 2026 IPO queue · 238 companies · ≤13% converts
61.2%
Of IPO proceeds that were offer-for-sale, Jan 25–Aug 26
Medium confidenceRead →
Industry & Sector ResearchJul 2026GWR-2026-IN-002

India's Global Capability Centres

India's 2,117 offshore centres run $98.4bn of the world's corporate work, and revenue now compounds twice as fast as the centre count because the work carries a mandate rather than a queue of tickets. But the wage gap that funds it is the one input artificial intelligence compresses fastest. This report sizes the machine, prices the arbitrage, and names where the exposure is actually tradable.

2,117
GCCs in India, across 3,728 units (FY26)
2.36m
People employed (FY26)
High confidenceRead →

Get the firm's latest intelligence.

New research delivered as it publishes: built for institutional investors, lenders, and corporates.

New reports and coverage updates. No spam. Unsubscribe anytime.

Enter the library→Talk to the firm