Mizuho Financial Group Inc. is considering entering the private equity and venture capital sectors in India, with the intention of collaborating with prominent dealmakers in the country.

This represents a significant change for the third-largest bank in Japan, as internal discussions are underway to identify potential leaders for this new focus area. It is expected that Mizuho will launch this initiative in the coming year, reflecting its growing interest in taking advantage of India's thriving private equity landscape.

This move by the bank demonstrates its commitment to expanding its presence in one of the world's most dynamic financial markets.