Ex-Premji invest, International Finance Corporation trio’s fund bags Rs 1,000 crore

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Trident Growth Partners – a private equity firm cofounded by former Premji Invest partners Atul Gupta and Rajesh Ramaiah along with former investor at International Finance Corporation (IFC) Pravan Malhotra – has raised Rs 1,000 crore in the first close of its maiden fund.

The India-focused growth-stage fund is targeting final close at Rs 2,000 crore by the end of 2025.

Manipal group chairman Ranjan Pai’s family office Claypond Capital has anchored the fund with capital infusion from over 30 startup founders including those of Lenskart,…



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Ex-Premji invest, International Finance Corporation trio’s fund bags Rs 1,000 crore


Trident Growth Partners – a private equity firm cofounded by former Premji Invest partners Atul Gupta and Rajesh Ramaiah along with former investor at International Finance Corporation (IFC) Pravan Malhotra – has raised Rs 1,000 crore in the first close of its maiden fund.

The India-focused growth-stage fund is targeting final close at Rs 2,000 crore by the end of 2025.

Manipal group chairman Ranjan Pai’s family office Claypond Capital has anchored the fund with capital infusion from over 30 startup founders including those of Lenskart,…



Source link

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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