PE manager directory
Private Equity funds in India: manager research directory
Growth equity, buyout, infrastructure, real-estate and special-situations managers. Compare the public evidence before you decide which managers deserve a deeper diligence conversation.
Research by mandate
Who is evaluating this manager universe?
Manager universe
Private Equity funds
360 One Asset (PE strategies)
2008
Late-stage / pre-IPO
Tech, consumer, fin services
Aavishkaar India Fund VI
2001
Growth equity / impact
Agriculture, financial inclusion, climate
Abakkus Four2Eight Opportunities Fund
2024
Mid- to late-stage private equity; pre-IPO and special situations
Industrials, financial services, healthcare
Actis (now GA-owned) (India)
2004
Infra value-add
Energy transition, digital infrastructure, roads
Advent International (India)
1984
Buyout
Health, pharma, fin services, industrial
Affirma Capital (India)
2019
Growth
Fin services, consumer, industrials
Amara Partners Growth Fund I
2023
Mid-market private equity and growth capital; significant-minority investments
Manufacturing, financial services, consumer, healthcare
Amicus Capital
2015
Growth equity; mid-market
Financial services, consumer, healthcare, technology
Amicus Capital Partners India Fund II
2022
Early-growth and growth equity
Financial services, consumer, healthcare, technology services
Apax Partners (India)
1972
Buyout
Technology services, internet and consumer, healthcare
Ascent Capital (India)
2008
India-focused growth equity; expansion capital and significant-minority investments
Technology, consumer, healthcare, financial services
Avendus Future Leaders Fund
2019
Late-stage minority
Tech, consumer, fin services
Bain Capital (India)
1984
Buyout + special sits
Fin services, IT, industrial, health
BanyanTree India Growth Capital Fund
2017
Growth equity; mid-market India
Consumer, financial services, healthcare, manufacturing
Brookfield (India)
1899
Infra + RE-heavy; PE growing
Infra, RE, renewables, telecom towers
Carlyle (India)
1987
Buyout + growth
Fin services, health, tech, consumer
Carpediem Capital
2014
SME growth
Consumer, services
ChrysCapital
1999
Growth + buyout (up to $200M/deal)
Fin services, health, pharma, consumer
ChrysCapital Fund X
2024
Growth and control private equity
Healthcare, manufacturing, consumer, enterprise technology
Convergent Finance
2018
Growth + special sits
Consumer, fin services
Creador
2011
Growth minority
Consumer, fin services, health
Creaegis Investment Management
2018
Growth equity; late-stage investments in digitally enabled Indian businesses
Consumer, financial services, healthcare, technology
CVC Capital (India)
1981
Buyout + growth
Health, consumer, fin services
CX Partners
2009
Mid-market growth
Fin services, health, consumer
EAAA Discovery Fund I
2022
Growth equity; mid-stage businesses
Consumer, financial services, healthcare, technology
Elevar Equity India Growth Platform
2006
Early-growth private equity; impact and financial-inclusion growth capital
Financial inclusion, healthcare, education, agriculture
Epiq Capital II
2016
Growth equity; late-stage technology and consumer platforms
Consumer technology, SaaS, fintech, healthcare technology
EQT (BPEA EQT, India)
1994
Buyout (control-heavy)
IT services, health, tech
Everstone Capital
2006
Buyout + growth
Consumer, health, services, industrial RE
Everstone Capital Partners III
2016
Buyout and growth private equity
Consumer, healthcare, technology services, financial services
Faering Capital India Evolving Fund III
2009
Growth equity
Consumer, financial services, healthcare, logistics
Fairfax India Holdings
2015
Long-hold control, growth and public/private investments
Financial services, infrastructure, industrials, consumer
Filter Capital India Fund I
2024
Growth equity; Series B/C; technology-led Indian businesses
SaaS, tech services, consumer technology, financial and business services
First Bridge Fund
2018
India-focused growth equity; inflection capital for high-growth businesses
Consumer, financial services, niche manufacturing, business services
Gaja Capital
2004
Growth mid-market
Education, fin services, consumer services
GEF Capital Partners (South Asia)
2018
Climate-growth private equity; middle-market growth and expansion capital
Renewable energy, climate technology, resource efficiency, mobility
General Atlantic (India)
1980
Growth equity
Fintech, consumer, health, tech services
Growtheum Capital Partners SEA & India Private Equity Fund
2021
Minority growth private equity; mid-market companies
Consumer, healthcare, financial services, logistics
HDFC Capital Affordable Real Estate Fund 3
2022
Real-estate private equity and flexible capital; affordable and mid-income housing
Affordable housing, mid-income housing, residential platforms, housing technology
I Squared Capital (India)
2012
Infra PE
Power and utilities, roads, digital infrastructure
Incofin India Progress Fund I
2021
Growth equity; impact private equity
Inclusive finance, sustainable food, agri-food value chains
InCred Growth Partners Fund I
2023
Growth private equity; mid-to-late stage founder-led businesses
Consumer, financial services, enterprise technology, manufacturing
IndoSpace Logistics Parks IV
2023
Development and growth equity; industrial and logistics real estate
Industrial parks, logistics parks, warehousing
InvAscent India Life Sciences Fund IV
2024
Healthcare and life-sciences growth equity
Pharma, healthcare delivery, medtech, animal health
Investcorp (India)
1982
Mid-market growth
Consumer, health, fin services
Iron Pillar Fund II
2023
Growth equity; enterprise and consumer technology
SaaS, consumer technology, climate technology, digital infrastructure
JM Financial India Growth Fund III
2021
Early- to growth-stage private equity; minority growth capital
Consumer, financial services, technology, manufacturing
Kedaara Capital
2011
Control / co-control mid-market
Consumer, fin services, health, industrials
Kedaara Capital Fund IV
2024
Growth and minority PE
Consumer, financial services, healthcare, software
Kenro Capital
2024
Secondaries (minority growth)
Growth secondaries, technology, consumer
KKR (India)
1976
Buyout + growth
Health, consumer, fin services, infra
Kotak Life Sciences Fund I
2025
Early to growth-stage private equity across life sciences and healthcare
Pharmaceuticals, medical devices, diagnostics, digital health
Kotak Pre-IPO Opportunities Fund
2021
Growth and late-stage private equity; pre-IPO
Consumer, technology, financial services, healthcare
L Catterton (India)
1989
Growth (consumer-only)
Consumer brands, F&B, beauty
L Catterton India Fund I
2024
Growth and control-oriented consumer private equity
Food and beverage, consumer services, retail, consumer brands
LeapFrog Emerging Consumer Fund IV
2007
Growth equity; emerging-market financial services, healthcare and climate solutions
Financial services, healthcare, climate
Lighthouse Funds
2008
Growth minority (consumer-heavy)
Consumer brands, health, specialty mfg
Lighthouse India Fund IV
2022
Growth-stage private equity
Consumer, healthcare, specialty manufacturing, digital transformation
Lightrock India Growth
2017
Growth equity / impact private equity
Healthcare, mobility, climate, financial inclusion
Lok Capital Growth Fund IV
2004
Growth equity; technology-enabled businesses serving underserved markets
Financial services, climate, food & agriculture, healthcare
Mastermind JPIN Capital Partners Fund
2022
Growth equity; profitable unlisted Indian SMEs; equity and CCPS
Manufacturing, renewable energy, education, distilleries
Motilal Oswal Alternates
2006
Mid-market growth
Consumer, fin services, niche manufacturing, health
Motilal Oswal India Business Excellence Fund IV
2022
Growth private equity; mid-market Indian businesses
Consumer, financial services, life sciences, manufacturing
Motilal Oswal India Business Excellence Fund V
2025
Growth and late-stage minority private equity
Consumer, financial services, healthcare, niche manufacturing
Motilal Oswal India Realty Excellence Fund VI
2024
Growth and structured private equity; residential real estate
Residential real estate, mid-income housing, structured equity
Multiples Alternate Asset Management
2009
Growth + selective control
Fin services, consumer, health, tech
Multiples Continuation Fund
2025
Continuation vehicle; growth and control private equity
Financial services, technology services, housing finance
Multiples Private Equity GIFT Fund IV
2022
Growth equity and control-oriented mid-market private equity
Financial services, consumer, technology, healthcare
NeoLiv Inliv Real Estate Fund
2023
Real-estate private equity; residential development and plotted communities
Residential development, plotted communities, low-rise housing
NIIF Strategic Opportunities Fund
2017
Growth equity; active minority and control-oriented investments
New-age manufacturing, financial services, healthcare
Oister Global Scheme III
2025
Private-market secondaries; growth and late stage
Technology, consumer, internet, growth-stage businesses
PAG (India)
2002
Buyout + special sits
Consumer, health, RE
Paragon Partners
2015
Growth mid-market
Consumer, industrials, fin services
Partners Group (India)
1996
Buyout + infra
Tech services, health, infra
Quadria Capital
2012
Growth (healthcare-only)
Hospitals, pharma, diagnostics, medtech
Quadria Capital Fund III
2012
Healthcare growth equity
Hospitals, pharmaceuticals, diagnostics
Sabre Partners
2002
Growth equity; mid-market
Financial services, fintech, healthcare, healthtech
Samara Capital
2007
Buyout
Consumer, retail, health
Samara Capital Continuation Fund
2023
Continuation vehicle; mid-market buyout and growth private equity
Healthcare, consumer, business services
Singularity Growth Opportunities Fund
2016
Growth equity and pre-IPO; minority growth capital
Energy transition, manufacturing, consumer, financial services
Somerset Indus Fund III
2011
Healthcare growth equity
Hospitals, diagnostics, pharmaceuticals
Spark Midas Investment Fund I
2024
Late-stage growth equity; near-IPO India
Consumer, manufacturing, industrial technology, textiles
Stakeboat Capital
2016
Growth (SME)
Health, consumer, tech services
Tata Capital Growth Fund
2010
Growth minority
Manufacturing, services, health
TPG (India)
1992
Buyout + growth + impact
Health, fin services, consumer
TR Capital (India)
2008
Secondaries (direct + LP)
Diversified
Trifecta Capital (equity)
2015
Late-stage / growth equity
Consumer, fintech, technology-enabled services
True North
1999
Control mid-market
Health, fin services, consumer
True North Fund V
2015
Mid-market growth and buyout private equity
Healthcare, financial services, technology, consumer
True North Fund VI
2018
Mid-market growth and buyout private equity
Financial services, healthcare, technology, industrials
True North Fund VII
2025
Growth and minority PE
Healthcare, financial services, consumer, technology
TVS Shriram Growth Fund 4
2024
India-focused growth private equity; early-growth to pre-IPO investments
Financial services, fintech, enterprise technology, business services
ValueQuest S.C.A.L.E. Fund
2010
Growth and late-stage private equity; significant-minority investments
Financial services, healthcare, technology, consumer
Warburg Pincus (India)
1966
Growth + buyout
Fin services, health, consumer, tech
Welspun One Logistics Parks Fund 2
2023
Development and growth equity; industrial and logistics real estate
Warehousing, logistics parks, urban distribution centres
WestBridge Capital
2000
Crossover public-private, long-hold
Fin services, consumer, SaaS, health
Xponentia Capital
2018
Mid-market growth
Diversified
Xponentia Opportunities Fund II
2022
Growth equity; mid-market and technology-enabled businesses
Technology, consumer, financial services, industrials
Z3Partners Tech Fund
2019
Growth equity; Series C+ and late-stage technology investments
Fintech, SaaS, consumer technology, digital platforms
Evidence standard
What a published manager profile covers.
A directory entry is a research starting point, not a recommendation. Profiles separate what is established, what is still open and where the public evidence came from.
Read how the research is evaluated →Manager thesis
Strategy, stage, sectors and footprint.
Current signal
Latest dated public update and fund context.
Open diligence
Gaps, caveats and source links to inspect.