Warburg-Backed Perfios Is Said to Weigh $500 Million India IPO

Perfios Software Solutions Pvt., an Indian technology company backed by Warburg Pincus, is considering an initial public offering that could raise about $500 million in India, according to people familiar with the matter.

A potential IPO could value the Bangalore-based company at about $2 billion, the people said, asking not to be identified because the deliberations are private. Perfios is seeking to hire banks to help arrange a share sale that could take place as early as this year, the people said.

Founded in 2008, Perfios is software-as-a-service company whose clients include banks, insurers and other financial services firms ...