JM Financial India Growth Fund III
JM Financial India Growth Fund III is an India-focused growth-capital vehicle investing in small- and mid-market businesses from early to growth stage. Its current public portfolio spans healthtech, agri-tech, ad-tech, consumer brands and manufacturing, with the manager disclosing eight vehicle-level investments and one completed exit.
At a glance
- Founded
- 2021
- Footprint
- Mumbai
- Stage
- Early- to growth-stage private equity; minority growth capital
Research profile
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Open a section to inspect the evidence. The first view starts with the investment point of view; the rest stays quiet until you need it.
Investment lens
JM Financial India Growth Fund III uses a early- to growth-stage private equity; minority growth capital approach across Consumer, financial services, technology, manufacturing.
Current evidence
JM Financial's FY2025–26 management discussion reports Fund III fully deployed with ten investments and one completed exit, while its current PE fund page names eight vehicle-level investments and marks Aarman Solutions fully exited. The group page confirms the June 2023 final close and Category II AIF structure.
Strategy
Early- to growth-stage private equity; minority growth capital
Sector focus
Consumer, financial services, technology, manufacturing
Current signal
JM Financial's FY2025–26 management discussion reports Fund III fully deployed with ten investments and one completed exit, while its current PE fund page names eight vehicle-level investments and marks Aarman Solutions fully exited. The group page confirms the June 2023 final close and Category II AIF structure.
Next step
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