TPG and Warburg Eye $500M Stake in AI-Driven Contract Management Firm Sirion Labs

TPG Capital and Warburg Pincus are in talks to buy a majority stake in Sirion Labs, a software business that automates contracts, for over $500 million. The private equity firms are evaluating the transaction, which highlights investor interest in AI-based digital businesses that reduce procedural tasks. Sirion Labs was founded in New Delhi and acquired Eigen Technologies last year, pushing its valuation to $1 billion.