Former NIIF executive to launch $250 million PE fund

April 22, 2025

, By The Economic Times

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Government-backed ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/national-investment-and-infrastructure-fund” target=”_blank”>National Investment and Infrastructure Fund Ltd’s (NIIF) former top executive Padmanabh (Paddy) Sinha plans to launch a new private equity (PE) fund to raise approximately $250 million (around Rs 2000 crore).

Sinha will launch the general partnership fund under the name ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/launchbay-capital” target=”_blank”>LaunchBay Capital and will focus on $25-50 million investments in growth-stage companies. He plans to raise $100 million as the first close but did not commit to any timelines.

“I’m happy to share that I’m starting a new position as Managing Partner/co-GP at…

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Former NIIF executive to launch $250 million PE fund

April 22, 2025

, Published By The Economic Times

Government-backed ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/national-investment-and-infrastructure-fund” target=”_blank”>National Investment and Infrastructure Fund Ltd’s (NIIF) former top executive Padmanabh (Paddy) Sinha plans to launch a new private equity (PE) fund to raise approximately $250 million (around Rs 2000 crore).

Sinha will launch the general partnership fund under the name ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/launchbay-capital” target=”_blank”>LaunchBay Capital and will focus on $25-50 million investments in growth-stage companies. He plans to raise $100 million as the first close but did not commit to any timelines.

“I’m happy to share that I’m starting a new position as Managing Partner/co-GP at…

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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