Fund, Investor & Acquisition Network
- 72 acquisitions
- 137 investors
- 3 search funds
- 89 PE funds
Inner ring: investors. Middle ring: funds and search funds, sized by how many investors back them. Outer ring: the acquisitions they made — click any node to highlight its network.
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Who is buying companies in India?
WhoBoughtWho tracks 72 acquisitions of companies in India (2006–2026), made by 92 buyers — private equity funds, search funds and strategic acquirers — backed by 137 investors. The most active sectors are Packaged foods, Hospitals, Housing finance, Renewable energy, E-pharmacy, Insurtech.
Most active acquirers in India
- 360 ONE Private Equity Fund (private equity fund) — 2 acquisitions: Bharti Life Ventures Private Limited (2025); API Holdings Limited (PharmEasy) (2024).
- Alpha Wave Ventures II LP (private equity fund) — 2 acquisitions: Haldiram Snacks Food Private Limited (2025); Advanta Enterprises Limited (2025).
- CDPQ Infrastructures Asia II Pte. Ltd. (private equity fund) — 2 acquisitions: Apraava Energy Private Limited (2022); CLP India Private Limited (2018).
- Endeavour Trade and Investment Ltd (private equity fund) — 2 acquisitions: ACC Limited (2022, Open offer under the SEBI Takeover Code: Rs 11,259.97 cr for 26% of equity at Rs 2,300.00 per share); Ambuja Cements Limited (2022, Open offer under the SEBI Takeover Code: Rs 19,879.57 cr for 26% of equity at Rs 385.00 per share).
- MacRitchie Investments Pte. Ltd. (private equity fund) — 2 acquisitions: Curefit Healthcare Private Limited (2026); API Holdings Limited (PharmEasy) (2023).
- Multiples Private Equity Fund III (private equity fund) — 2 acquisitions: APAC Financial Services Private Limited (2024); Acko Technology & Services Private Limited (2023).
- Naspers Ventures B.V. (private equity fund) — 2 acquisitions: API Holdings Limited (PharmEasy) (2023); API Holdings Private Limited (PharmEasy) (2021).
- OMERS Infrastructure Asia Holdings Pte. Ltd. (private equity fund) — 2 acquisitions: Interise Trust (formerly IndInfravit Trust) (2024); Azure Power Global Limited (2021).
- 720 Fund (search fund) — 1 acquisition: Eventus Security Ltd (2025, Not disclosed).
- Aceso Company Pte. Ltd. (private equity fund) — 1 acquisition: HealthCare Global Enterprises Limited (2020).
Browse the full list (229 funds/investors, 72 acquisitions in India)
The graph above is the fast way to explore this — this plain list covers the same ground for anyone who'd rather scan or search text. Each name links to its own page centered on that entity.
- 2726247 Ontario Inc. — Investor
Investor. Backs OMERS Infrastructure Asia Holdings Pte. Ltd.
- 360 ONE Alternates Asset Management Limited — Investor
Investor. Backs 360 ONE Private Equity Fund, PI Opportunities Fund I - Scheme II.
- 360 ONE Asset Management Limited — Investor
Investor. Backs 360 ONE Private Equity Fund.
- 360 ONE Private Equity Fund — Private equity fund · Backed by 360 ONE Alternates Asset Management Limited, 360 ONE Asset Management Limited, MEMG Family Office LLP, Pai Family Group
Private equity acquisition vehicle. Acquired Bharti Life Ventures Private Limited in 2025. Source: https://www.cci.gov.in/images/summaryorders/en/summary1740484146.pdf
- Acquired Bharti Life Ventures Private Limited in 2025 (Insurance), India. Bharti group life insurance holding vehicle Backed by 360 ONE Alternates Asset Management Limited, 360 ONE WAM Limited. Source: https://www.cci.gov.in/images/summaryorders/en/summary1740484146.pdf
- Acquired API Holdings Limited (PharmEasy) in 2024 (Healthcare), India. Online pharmacy and healthcare platform Backed by 360 ONE Asset Management Limited, MEMG Family Office LLP, Pai Family Group. Source: https://www.cci.gov.in/images/summaryorders/en/summary1709727621.pdf
- 720 Fund — Search fund · Backed by Ambit Partners, Cerralvo Capital, Relay Investment, TTCER Partners, BK Growth, Brown Robin Partners, Granite Point Partners, Luka Salamunic, Manvendra Saxena, Relay Investments
Search fund vehicle. Acquired Eventus Security Ltd (Cybersecurity services) in India, announced Fri Dec 26 2025 00:00:00 GMT+0000 (Coordinated Universal Time).
- Acquired Eventus Security Ltd in 2025 for Not disclosed (Cybersecurity services), India. Acquired by 720 Fund. Backed by Ambit Partners, Cerralvo Capital, Relay Investment, TTCER Partners, BK Growth, Brown Robin Partners, Granite Point Partners, Luka Salamunic, Manvendra Saxena. Source: https://searchfundsnews.com/720-fund-closes-the-first-sf-acquisition-in-india/
- Aceso Company Pte. Ltd. — Private equity fund · Backed by CVC Network, CVC Capital Partners plc
Private equity acquisition vehicle. Acquired HealthCare Global Enterprises Limited in 2020. Source: https://www.cci.gov.in/images/summaryorders/en/1652334179.pdf
- Acquired HealthCare Global Enterprises Limited in 2020 (Hospitals), India. Oncology hospital chain Backed by CVC Network, CVC Capital Partners. Source: https://www.cci.gov.in/images/summaryorders/en/1652334179.pdf
- Adani family / Adani Group — Investor
Investor. Backs Endeavour Trade and Investment Ltd.
- Adar Poonawalla — Investor
Investor. Backs Rising Sun Holdings Private Limited.
- Adit Ravi — Investor
Search fund investor. Backs Okintek Capital.
- Advent International — Private equity fund, Boston, MA · Backed by Advent International
- Advent International (seller) — Investor
- AI Global Investments (Cyprus) PCC Limited — Private equity fund · Backed by Advent International
Private equity acquisition vehicle. Acquired DFM Foods Limited in 2019. Source: https://www.sebi.gov.in/statistics/open-offers/mar2020.html
- Acquired DFM Foods Limited in 2019 for Open offer under the SEBI Takeover Code: Rs 326.11 cr for 26% of equity at Rs 249.50 per share (Packaged snacks), India. Listed snacks maker behind Crax and Natkhat; Advent bought ~68% from the promoters and earlier investors Backed by Advent International. Source: https://www.sebi.gov.in/statistics/open-offers/mar2020.html
- Akshat Chaudhary — Investor
Search fund investor. Backs Okintek Capital.
- Allianz SE (seller) — Investor
- Alpha Wave Global — Investor
Investor. Backs Alpha Wave Ventures II LP.
- Alpha Wave IHC CI, LP — Investor
Investor. Backs Alpha Wave Ventures II LP.
- Alpha Wave Ventures GP — Investor
Investor. Backs Alpha Wave Ventures II LP.
- Alpha Wave Ventures II LP — Private equity fund · Backed by Alpha Wave Global, Alpha Wave IHC CI, LP, Alpha Wave Ventures GP, Lunate Holding RSC Ltd
Private equity acquisition vehicle. Acquired Haldiram Snacks Food Private Limited in 2025. Source: https://www.cci.gov.in/images/summaryorders/en/summary1745235799.pdf
- Acquired Haldiram Snacks Food Private Limited in 2025 (Packaged foods), India. Packaged snacks and sweets maker Backed by Alpha Wave Global, Alpha Wave IHC CI, LP. Source: https://www.cci.gov.in/images/summaryorders/en/summary1745235799.pdf
- Acquired Advanta Enterprises Limited in 2025 (Agri-seeds), India. Hybrid seeds business of UPL Backed by Alpha Wave Ventures GP, Alpha Wave Global, LP, Lunate Holding RSC Ltd. Source: https://www.cci.gov.in/images/summaryorders/en/summary1736311596.pdf
- Amazon — Private equity fund
Buyer. Acquired Axio in India, announced Thu Sep 04 2025 00:00:00 GMT+0000 (Coordinated Universal Time).
- Acquired Axio in 2025, India. Acquired by Amazon. Source: https://en.wikipedia.org/wiki/List_of_mergers_and_acquisitions_by_Amazon
- Amazon.com NV Investment Holdings LLC — Investor
Investor. Backs Witzig Advisory Services Private Limited.
- Ambit Partners — Investor, Cape Town, South Africa
Category A search fund investor · Cape Town, South Africa · active in 31 countries, 74 search funds backed; check size $400K-$2M, emerging-market focus.
- APAC Company XXIII Limited — Investor
Investor. Backs Kotak Performing RE Credit Strategy Fund I.
- Aquilo House Pte. Ltd. — Private equity fund · Backed by CVC Capital Partners plc, CVC Network
Private equity acquisition vehicle. Acquired Aavas Financiers Limited in 2024. Source: https://www.cci.gov.in/images/summaryorders/en/summary1725529351.pdf
- Acquired Aavas Financiers Limited in 2024 (Housing finance), India. Affordable housing finance company Backed by CVC Capital Partners plc, CVC Network. vehicle enrichment for existing deal Source: https://www.cci.gov.in/images/summaryorders/en/summary1725529351.pdf
- Aquilo House Pte. Ltd. (with CVC Capital Partners Asia VI (A) L.P., CVC Capital Partners Investment Asia VI L.P. and CVC Capital Partners Asia VI (B) SCSp as PACs) — Private equity fund · Backed by CVC Capital Partners plc
Private equity acquisition vehicle. Acquired Aavas Financiers Limited in 2024. Source: https://www.sebi.gov.in/statistics/open-offers/feb2025.html
- Acquired Aavas Financiers Limited in 2024 for Open offer under the SEBI Takeover Code: Rs 3,664.06 cr for 26% of equity at Rs 1,766.69 per share (Housing finance), India. Affordable-housing finance NBFC listed on BSE/NSE Backed by CVC Capital Partners. vehicle enrichment for existing deal - names the Singapore SPV and the three CVC Asia VI fund entities behind the recorded CVC | Aavas Financiers row Source: https://www.sebi.gov.in/statistics/open-offers/feb2025.html
- Ardor Holdings II Pte. Ltd. — Private equity fund · Backed by KKR & Co.
Private equity acquisition vehicle. Acquired Hero Future Energies Global Limited in 2022. Source: https://www.cci.gov.in/images/summaryorders/en/summary1664193025.pdf
- Acquired Hero Future Energies Global Limited in 2022 (Renewable energy), India. Renewable energy independent power producer Backed by KKR & Co. Inc.. Source: https://www.cci.gov.in/images/summaryorders/en/summary1664193025.pdf
- Asia Healthcare Holdings Pte. Ltd. — Investor
Investor. Backs TPG Growth V SF Markets Pte. Ltd.
- Asia II Topco XIII Pte. Ltd. — Private equity fund · Backed by Blackstone
Private equity acquisition vehicle. Acquired Federal Bank Limited in 2025. Source: https://www.cci.gov.in/images/summaryorders/en/summary1763624386.pdf
- Acquired Federal Bank Limited in 2025 (Banking), India. Private sector bank Backed by Blackstone Inc.. Source: https://www.cci.gov.in/images/summaryorders/en/summary1763624386.pdf
- Aurora UK Bidco Limited (with Vista Equity Partners Perennial LP and Vista Equity Partners Perennial A LP) — Private equity fund · Backed by Vista Equity Partners
Private equity acquisition vehicle. Acquired Accelya Solutions India Limited in 2019. Source: https://www.sebi.gov.in/statistics/open-offers/mar2021.html
- Acquired Accelya Solutions India Limited in 2019 for Open offer under the SEBI Takeover Code: Rs 394.55 cr for 25.34% of equity at Rs 1,042.99 per share (Airline software), India. Listed airline revenue-accounting and passenger-revenue software business, Indian arm of Accelya Topco Backed by Vista Equity Partners. Source: https://www.sebi.gov.in/statistics/open-offers/mar2021.html
- Authum Investment & Infrastructure Ltd and Mahi Madhusudan Kela — Private equity fund · Backed by Peak XV Partners (seller), Sequoia Capital GFIV Mauritius (seller)
Holding company. Acquired Prataap Snacks Ltd (46.85%) (Packaged snacks) in India, announced Fri Sep 27 2024 00:00:00 GMT+0000 (Coordinated Universal Time).
- Avenir Investment RSC Ltd — Private equity fund · Backed by International Holding Company PJSC
Private equity acquisition vehicle. Acquired Sammaan Capital Limited in 2025. Source: https://www.cci.gov.in/images/summaryorders/en/summary1761562127.pdf
- Avenir Management Company LLC — Investor
Investor. Backs AZK4 LLC.
- AZK4 LLC — Private equity fund · Backed by Avenir Management Company LLC
Private equity acquisition vehicle. Acquired Zetwerk Manufacturing Businesses Private Limited in 2023. Source: https://www.cci.gov.in/images/summaryorders/en/summary1684481693.pdf
- Bain Capital — Private equity fund, Boston, MA · Backed by Bain Capital
- Bain Capital (shareholder in acquirer) — Investor
- Bain Capital Credit — Investor
Investor. Backs India Resurgence Fund (IndiaRF) - Schemes 1, 2 and 4, Kotak Performing RE Credit Strategy Fund I.
- Bain Capital India Investments — Private equity fund · Backed by Bain Capital
Private equity acquisition vehicle. Acquired Himadri Chemicals & Industries Limited in 2010. Source: https://www.sebi.gov.in/statistics/open-offers/apr2009.html
- Acquired Himadri Chemicals & Industries Limited in 2010 for Open offer under the SEBI Takeover Code: Rs 327.95 cr for 20% of equity at Rs 400 per share (Speciality chemicals), India. Listed Kolkata coal-tar pitch and carbon-materials maker Backed by Bain Capital. Source: https://www.sebi.gov.in/statistics/open-offers/apr2009.html
- Bain Capital Investors, LLC — Investor
Investor. Backs BC Asia Investments XXV Limited.
- Bandhan Financial Holdings Limited — Investor
Investor. Backs Tangerine Investments Limited.
- Baring Private Equity India AIF — Investor
Investor. Backs India Business Excellence Fund IV.
- BC Asia Investments XIV Limited — Investor
Investor. Backs BC Asia Investments XXV Limited.
- BC Asia Investments XV Limited — Private equity fund · Backed by Bain Capital, BC Asia Investments XVI Limited
Private equity acquisition vehicle. Acquired Dhoot Transmission Private Limited in 2025. Source: https://www.cci.gov.in/images/summaryorders/en/summary1737461770.pdf
- Acquired Dhoot Transmission Private Limited in 2025 (Auto components), India. Automotive wiring harness manufacturer Backed by Bain Capital Partners LLC, BC Asia Investments XVI Limited. Source: https://www.cci.gov.in/images/summaryorders/en/summary1737461770.pdf
- BC Asia Investments XVI Limited — Investor
Investor. Backs BC Asia Investments XV Limited.
- BC Asia Investments XXV Limited — Private equity fund · Backed by Bain Capital Investors, LLC, BC Asia Investments XIV Limited
Private equity acquisition vehicle. Acquired Manappuram Finance Limited in 2025. Source: https://www.cci.gov.in/images/summaryorders/en/summary1746459018.pdf
- BCI IRR India Holdings Inc. — Investor
Investor. Backs BIF IV India Infra Holdings Pte. Ltd.
- BCP Asia II Holdco VII Pte. Ltd. — Private equity fund · Backed by Blackstone
Private equity acquisition vehicle. Acquired Aadhar Housing Finance Limited in 2025. Source: https://www.cci.gov.in/images/summaryorders/en/summary1758625124.pdf
- Acquired Aadhar Housing Finance Limited in 2025 (Housing finance), India. Affordable housing finance company Backed by Blackstone Inc.. Source: https://www.cci.gov.in/images/summaryorders/en/summary1758625124.pdf
- BCP Topco IX Pte. Limited (with Blackstone Capital Partners Asia NQ L.P. and Blackstone Capital Partners (CYM) VIII AIV-F L.P. as PACs) — Private equity fund · Backed by Blackstone
Private equity acquisition vehicle. Acquired Mphasis Limited in 2021. Source: https://www.sebi.gov.in/statistics/open-offers/mar2022.html
- BCP TopCo XII Pte Ltd — Private equity fund · Backed by The Blackstone Group Inc.
Private equity acquisition vehicle. Acquired ASK Investment Managers Limited in 2021. Source: https://www.cci.gov.in/images/summaryorders/en/1652183760.pdf
- Acquired ASK Investment Managers Limited in 2021 (Asset management), India. Portfolio management and wealth manager Backed by The Blackstone Group Inc.. Source: https://www.cci.gov.in/images/summaryorders/en/1652183760.pdf
- BCP V Multiple Holdings Pte. Ltd. — Private equity fund · Backed by Brookfield (Brookfield Business Partners L.P.)
Private equity acquisition vehicle. Acquired IndoStar Capital Finance Limited in 2020. Source: https://www.sebi.gov.in/statistics/open-offers/mar2021.html
- Acquired IndoStar Capital Finance Limited in 2020 for Open offer under the SEBI Takeover Code: Rs 1,078.67 cr for 26% of equity at Rs 290.00 per share (NBFC / lending), India. Listed non-deposit-taking NBFC lending to corporates, SMEs and commercial-vehicle buyers Backed by Brookfield (Brookfield Business Partners L.P.). Source: https://www.sebi.gov.in/statistics/open-offers/mar2021.html
- Bharti Airtel Limited — Investor
Investor. Backs Lion Meadow Investment Ltd.
- BIF IV India Infra Holdings Pte. Ltd. — Private equity fund · Backed by Brookfield Asset Management, BCI IRR India Holdings Inc.
Private equity acquisition vehicle. Acquired Data Infrastructure Trust in 2024. Source: https://www.cci.gov.in/images/summaryorders/en/summary1706876741.pdf
- Acquired Data Infrastructure Trust in 2024 (Telecom infrastructure), India. Telecom tower investment trust Backed by Brookfield Asset Management, BCI IRR India Holdings Inc.. Source: https://www.cci.gov.in/images/summaryorders/en/summary1706876741.pdf
- BIF IV Jarvis India Pte. Ltd. — Private equity fund · Backed by Brookfield Asset Management, Data Infrastructure Trust, GIC (Ventures) Pte Ltd, British Columbia Investment Management
Private equity acquisition vehicle. Acquired ATC Telecom Infrastructure Private Limited in 2024. Source: https://www.cci.gov.in/images/summaryorders/en/summary1711532327.pdf
- Acquired ATC Telecom Infrastructure Private Limited in 2024 (Telecom infrastructure), India. Telecom tower portfolio in India Backed by Brookfield Asset Management, Data Infrastructure Trust, GIC (Ventures) Pte Ltd, British Columbia Investment Management. Source: https://www.cci.gov.in/images/summaryorders/en/summary1711532327.pdf
- BK Growth — Investor
- Blackstone — Private equity fund, New York, NY · Backed by Blackstone
- Blackstone FP Capital Partners (Mauritius) V-B Subsidiary Ltd (with Blackstone Holding Mauritius and The Blackstone Group) — Private equity fund · Backed by Blackstone
Private equity acquisition vehicle. Acquired Gokaldas Exports Limited in 2007. Source: https://www.sebi.gov.in/statistics/open-offers/apr2007.html
- Acquired Gokaldas Exports Limited in 2007 (Apparel manufacturing), India. Listed Bengaluru apparel exporter, one of India's largest garment manufacturers Backed by Blackstone. Source: https://www.sebi.gov.in/statistics/open-offers/apr2007.html
- Blue wave Investments Limited — Investor
Investor. Backs ChrysCapital Fund X.
- BPEA EQT — Investor
Investor. Backs Kopvoorn B.V., Zonnebaars Netherlands B.V.
- BREP Asia III India Holding Co — Private equity fund · Backed by Blackstone
Private equity buyer. Acquired Kolte-Patil Developers Ltd (40%) (Residential real estate development) in India, announced Thu Mar 13 2025 00:00:00 GMT+0000 (Coordinated Universal Time).
- BREP Asia III India Holding Co VIII Pte. Ltd. — Private equity fund · Backed by Blackstone
Private equity acquisition vehicle. Acquired Bagmane Developers Private Limited in 2024. Source: https://www.cci.gov.in/images/summaryorders/en/summary1730461138.pdf
- Acquired Bagmane Developers Private Limited in 2024 (Real estate), India. Bengaluru office park developer Backed by Blackstone Inc.. Source: https://www.cci.gov.in/images/summaryorders/en/summary1730461138.pdf
- British Columbia Investment Management — Investor
Investor. Backs BIF IV Jarvis India Pte. Ltd.
- Brookfield (Brookfield Business Partners L.P.) — Investor
Investor. Backs BCP V Multiple Holdings Pte. Ltd.
- Brookfield Asset Management — Private equity fund, Toronto / New York, NY
- Brookfield Global Transition Fund — Investor
Investor. Backs Woodhall Holdings (DIFC) Limited.
- Brown Robin Partners — Investor
- CA Magnum Holdings — Private equity fund · Backed by The Carlyle Group
Private equity acquisition vehicle. Acquired Hexaware Technologies Limited in 2021. Source: https://www.cci.gov.in/images/summaryorders/en/1652183349.pdf
- Acquired Hexaware Technologies Limited in 2021 (IT services), India. IT services company Backed by The Carlyle Group Inc.. Source: https://www.cci.gov.in/images/summaryorders/en/1652183349.pdf
- Caisse de depot et placement du Quebec — Investor
Investor. Backs CDPQ Infrastructures Asia II Pte. Ltd.
- Canada Pension Plan Investment Board — Private equity fund, Toronto (US-active investor)
- CDPQ Infrastructures Asia II Pte. Ltd. — Private equity fund · Backed by Caisse de depot et placement du Quebec
Private equity acquisition vehicle. Acquired Apraava Energy Private Limited in 2022. Source: https://www.cci.gov.in/images/summaryorders/en/1658311402.pdf
- Acquired Apraava Energy Private Limited in 2022 (Energy infrastructure), India. Renewable and transmission energy platform Backed by Caisse de depot et placement du Quebec. Source: https://www.cci.gov.in/images/summaryorders/en/1658311402.pdf
- Acquired CLP India Private Limited in 2018 (Energy infrastructure), India. Power generation and transmission business Backed by Caisse de depot et placement du Quebec. Source: https://www.cci.gov.in/images/summaryorders/en/1652335386.pdf
- Centella Mauritius Holdings Limited — Investor · Backed by TPG Inc.
Investor. Backs BCP Asia II Topco IV Pte. Ltd.
- Cerralvo Capital — Investor, Florida, USA
Search fund investor · Florida, USA · founded 2019 · 33 deals backed (30% Mexico, 70% elsewhere); first international exit in Spain (2024).
- ChrysCapital — Private equity fund · Backed by ChrysCapital
Private equity buyer. Acquired Theobroma Foods (Bakery / food retail) in India, announced Tue Jul 15 2025 00:00:00 GMT+0000 (Coordinated Universal Time).
- ChrysCapital Fund X — Private equity fund · Backed by ChrysCapital, Two Infinity Partners, Raptor Investments Limited, Blue wave Investments Limited
Private equity acquisition vehicle. Acquired IL JIN Electronics (India) Private Limited in 2025. Source: https://www.cci.gov.in/images/summaryorders/en/summary1757505554.pdf
- Acquired IL JIN Electronics (India) Private Limited in 2025 (Electronics manufacturing), India. Electronic manufacturing services provider Backed by ChrysCapital, Two Infinity Partners, Raptor Investments Limited. Source: https://www.cci.gov.in/images/summaryorders/en/summary1757505554.pdf
- ChrysCapital IX, LLC — Investor
Investor. Backs Tangerine Investments Limited.
- Claypond Capital Partners Private Limited — Investor
Investor. Backs PI Opportunities Fund I - Scheme II.
- Cloverdell Investment Ltd — Private equity fund · Backed by Warburg Pincus (Warburg Pincus XI fund entities)
Private equity acquisition vehicle. Acquired Future Capital Holdings Limited in 2012. Source: https://www.sebi.gov.in/statistics/open-offers/apr2012.html
- Acquired Future Capital Holdings Limited in 2012 for Open offer under the SEBI Takeover Code: Rs 288.17 cr for 26% of equity at Rs 162.00 per share (Financial services / NBFC), India. Kishore Biyani's listed financial-services arm (later Capital First); 55.36% bought from the Future group Backed by Warburg Pincus (Warburg Pincus XI fund entities). Source: https://www.sebi.gov.in/statistics/open-offers/apr2012.html
- Convergent Finance LLP — Investor
Investor. Backs Infinity Holdings (with Infinity Holdings Sidecar I and Infinity Consumer Holdings), Zest Holding Investments Limited (with Zest Investments Limited, Samara Capital Partners Fund III Limited, Infinity Holdings and Infinity Holdings Sidecar I).
- Corpus Management Company IX, LLC — Investor
Investor. Backs Tangerine Investments Limited.
- CPP Investment Board Private Holdings (4) Inc. — Investor
Investor. Backs Multiples Private Equity Fund III.
- Currant Sea Investments B.V. — Private equity fund · Backed by Warburg Pincus
Private equity acquisition vehicle. Acquired IDFC First Bank Limited in 2025. Source: https://www.cci.gov.in/images/summaryorders/en/summary1745898154.pdf
- Acquired IDFC First Bank Limited in 2025 (Banking), India. Private sector bank Backed by Warburg Pincus LLC. Source: https://www.cci.gov.in/images/summaryorders/en/summary1745898154.pdf
- CVC Capital Partners plc — Investor
Investor. Backs Aceso Company Pte. Ltd., Aquilo House Pte. Ltd., Aquilo House Pte. Ltd. (with CVC Capital Partners Asia VI (A) L.P., CVC Capital Partners Investment Asia VI L.P. and CVC Capital Partners Asia VI (B) SCSp as PACs).
- CVC Network — Investor
Investor. Backs Aceso Company Pte. Ltd., Aquilo House Pte. Ltd.
- D. B. Zwirn & Co. — Investor
Investor. Backs D. B. Zwirn Mauritius.
- D. B. Zwirn Mauritius — Private equity fund · Backed by D. B. Zwirn & Co.
Private equity acquisition vehicle. Acquired Dhandapani Finance Limited in 2006. Source: https://www.sebi.gov.in/statistics/open-offers/apr2006.html
- Acquired Dhandapani Finance Limited in 2006 (NBFC / lending), India. Listed Chennai non-banking finance company Backed by D. B. Zwirn & Co.. Source: https://www.sebi.gov.in/statistics/open-offers/apr2006.html
- Data Infrastructure Trust — Investor
Investor. Backs BIF IV Jarvis India Pte. Ltd.
- Defati Investments Holding B.V. — Investor
Investor. Backs Kopvoorn B.V.
- Endeavour Trade and Investment Ltd — Private equity fund · Backed by Adani family / Adani Group
Holding company. Acquired Ambuja Cements Limited in 2022. Source: https://www.sebi.gov.in/statistics/open-offers/mar2023.html
- Acquired ACC Limited in 2022 for Open offer under the SEBI Takeover Code: Rs 11,259.97 cr for 26% of equity at Rs 2,300.00 per share (Cement), India. Listed cement maker, Ambuja's subsidiary, acquired in the same Holcim exit Backed by Adani family / Adani Group. Source: https://www.sebi.gov.in/statistics/open-offers/mar2023.html
- Acquired Ambuja Cements Limited in 2022 for Open offer under the SEBI Takeover Code: Rs 19,879.57 cr for 26% of equity at Rs 385.00 per share (Cement), India. India's second-largest cement maker; 63.11% bought from Holcim's Holderind Investments Backed by Adani family / Adani Group. vehicle enrichment for existing deal - names the Adani SPV behind the recorded Ambuja Cements (Adani Group) acquisitions Source: https://www.sebi.gov.in/statistics/open-offers/mar2023.html
- Energy Efficiency Services Ltd (seller) — Investor
- Epsilon Bidco Pte. Ltd. — Private equity fund · Backed by Blackstone
Private equity acquisition vehicle. Acquired Essel Propack Limited in 2019. Source: https://www.sebi.gov.in/statistics/open-offers/mar2020.html
- Acquired Essel Propack Limited in 2019 for Open offer under the SEBI Takeover Code: Rs 1,142.17 cr for 26% of equity at Rs 139.19 per share (Specialty packaging), India. World's largest laminated-tube maker for oral and beauty care, formerly Essel group Backed by Blackstone. Source: https://www.sebi.gov.in/statistics/open-offers/mar2020.html
- EQT — Private equity fund, Stockholm / New York, NY · Backed by EQT
- EQT (seller) — Investor
- EvolutionX Debt Capital Master Fund 1 Pte. Ltd. — Investor
Investor. Backs MacRitchie Investments Pte. Ltd.
- Fidelity Funds (Variable Insurance Products Fund III and related schemes) — Private equity fund · Backed by Fidelity Management & Research Company LLC, Fidelity Investments Canada ULC, Fidelity Management Trust Company
Private equity acquisition vehicle. Acquired Valuedrive Technologies Private Limited in 2025. Source: https://www.cci.gov.in/images/summaryorders/en/summary1765973341.pdf
- Fidelity Investments Canada ULC — Investor
Investor. Backs Fidelity Funds (Variable Insurance Products Fund III and related schemes).
- Fidelity Management & Research Company LLC — Investor
Investor. Backs Fidelity Funds (Variable Insurance Products Fund III and related schemes).
- Fidelity Management Trust Company — Investor
Investor. Backs Fidelity Funds (Variable Insurance Products Fund III and related schemes).
- FIH Mauritius Investments Ltd — Private equity fund
Private equity acquisition vehicle. Acquired Fairchem Organics Limited in 2021. Source: https://www.sebi.gov.in/statistics/open-offers/mar2021.html
- Acquired Fairchem Organics Limited in 2021 for Open offer under the SEBI Takeover Code: Rs 194.14 cr for 25.94% of equity at Rs 575.53 per share (Oleochemicals), India. Listed Ahmedabad oleochemicals and nutraceuticals maker Source: https://www.sebi.gov.in/statistics/open-offers/mar2021.html
- Fireside Ventures (seller) — Investor
- First Carlyle Ventures Mauritius (with Carlyle Asia Growth Partners III LP) — Private equity fund · Backed by The Carlyle Group
Private equity acquisition vehicle. Acquired Allsec Technologies Limited in 2006. Source: https://www.sebi.gov.in/statistics/open-offers/apr2006.html
- Acquired Allsec Technologies Limited in 2006 (BPO services), India. Listed Chennai BPO and payroll-services company Backed by The Carlyle Group. Source: https://www.sebi.gov.in/statistics/open-offers/apr2006.html
- Galaxy Investments II Pte. Limited — Private equity fund · Backed by KKR & Co., Nebula Asia Holdings II Pte. Ltd.
Private equity acquisition vehicle. Acquired Highways Infrastructure Trust in 2024. Source: https://www.cci.gov.in/images/summaryorders/en/summary1715830611.pdf
- Acquired Highways Infrastructure Trust in 2024 (Road infrastructure), India. Road infrastructure investment trust Backed by KKR & Co. Inc., Nebula Asia Holdings II Pte. Ltd.. Source: https://www.cci.gov.in/images/summaryorders/en/summary1715830611.pdf
- General Atlantic — Private equity fund, New York, NY
- General Atlantic Singapore ACK Pte. Ltd. — Private equity fund · Backed by General Atlantic
Private equity acquisition vehicle. Acquired Acko Technology & Services Private Limited in 2026. Source: https://www.cci.gov.in/images/summaryorders/en/summary1784893559.pdf
- Acquired Acko Technology & Services Private Limited in 2026 (Insurtech), India. Digital general insurance group Backed by General Atlantic. Source: https://www.cci.gov.in/images/summaryorders/en/summary1784893559.pdf
- General Atlantic Singapore BWP Pte. Ltd. — Private equity fund · Backed by General Atlantic
Private equity acquisition vehicle. Acquired Balaji Wafers Private Limited in 2026. Source: https://www.cci.gov.in/images/summaryorders/en/summary1769687039.pdf
- Acquired Balaji Wafers Private Limited in 2026 (Packaged foods), India. Packaged snacks manufacturer Backed by General Atlantic. Source: https://www.cci.gov.in/images/summaryorders/en/summary1769687039.pdf
- Gentari International Renewables Pte. Ltd. — Investor
Investor. Backs Gentari Renewables India Pte. Ltd.
- Gentari Renewables India Pte. Ltd. — Private equity fund · Backed by Gentari International Renewables Pte. Ltd.
Private equity acquisition vehicle. Acquired 21 renewable power SPVs (India portfolio) in 2024. Source: https://www.cci.gov.in/images/summaryorders/en/summary1731938828.pdf
- Acquired 21 renewable power SPVs (India portfolio) in 2024 (Renewable energy), India. Operating solar and wind SPVs in India Backed by Gentari International Renewables Pte. Ltd.. Source: https://www.cci.gov.in/images/summaryorders/en/summary1731938828.pdf
- GIC (Ventures) Pte Ltd — Investor
Investor. Backs BIF IV Jarvis India Pte. Ltd.
- Granite Point Partners — Investor
- HCL Corporation Private Limited — Investor
Investor. Backs India Advantage Fund S5 I.
- Hector Asia Holdings II Pte. Ltd. — Private equity fund · Backed by KKR & Co., KIA EBT II Scheme 1
Private equity acquisition vehicle. Acquired HealthCare Global Enterprises Limited in 2025. Source: https://www.cci.gov.in/images/summaryorders/en/summary1741678454.pdf
- Acquired HealthCare Global Enterprises Limited in 2025 (Hospitals), India. Oncology hospital chain Backed by KKR & Co. Inc., KIA EBT II Scheme 1. Source: https://www.cci.gov.in/images/summaryorders/en/summary1741678454.pdf
- Hindustan Unilever (seller) — Investor
- ICICI Bank Limited — Investor
Investor. Backs TPG Nicobar SG Pte. Ltd.
- ICICI Venture Funds Management Company Limited — Investor
Investor. Backs India Advantage Fund S5 I.
- India Advantage Fund S5 I — Private equity fund · Backed by ICICI Venture Funds Management Company Limited, HCL Corporation Private Limited, Mirabilis Investment Trust
Private equity acquisition vehicle. Acquired Pritam International Private Limited in 2024. Source: https://www.cci.gov.in/images/summaryorders/en/summary1705664518.pdf
- India Business Excellence Fund IV — Private equity fund · Backed by Motilal Oswal Private Equity, Baring Private Equity India AIF
Private equity acquisition vehicle. Acquired VVDN Technologies Private Limited in 2024. Source: https://www.cci.gov.in/images/summaryorders/en/summary1731938731.pdf
- India Resurgence Fund (IndiaRF) - Schemes 1, 2 and 4 — Private equity fund · Backed by Piramal Group, Bain Capital Credit
Private equity acquisition vehicle. Acquired Shree Digvijay Cement Company Limited in 2025. Source: https://m.thewire.in/article/ptiprnews/indiarf-acquires-majority-stake-in-shree-digvijay-cement-from-true-north-marking-entry-into-cement-sector
- Infinity Holdings (with Infinity Holdings Sidecar I and Infinity Consumer Holdings) — Private equity fund · Backed by Convergent Finance LLP, Infinity Investment Management
Private equity acquisition vehicle. Acquired Jagsonpal Pharmaceuticals Limited in 2022. Source: https://www.sebi.gov.in/statistics/open-offers/mar2023.html
- Infinity Investment Management — Investor
Investor. Backs Infinity Holdings (with Infinity Holdings Sidecar I and Infinity Consumer Holdings), Zest Holding Investments Limited (with Zest Investments Limited, Samara Capital Partners Fund III Limited, Infinity Holdings and Infinity Holdings Sidecar I).
- Infinity Partners — Investor
Investor. Backs Kopvoorn B.V.
- Inseta Partners — Investor
- International Holding Company PJSC — Investor
Investor. Backs Avenir Investment RSC Ltd.
- Jasfa (Japan Search Fund Accelerator) — Investor
Search fund investor. Backs Okintek Capital.
- Jongsong Investments Pte. Ltd. — Private equity fund · Backed by Temasek Holdings (Private) Limited
Private equity acquisition vehicle. Acquired Romsons Group Private Limited in 2026. Source: https://www.cci.gov.in/images/summaryorders/en/summary1777961415.pdf
- Acquired Haldiram Snacks Food Private Limited in 2025 (Packaged foods), India. Packaged snacks and sweets maker Backed by Temasek Holdings (Private) Limited. Source: https://www.cci.gov.in/images/summaryorders/en/summary1742530847.pdf
- Kedaara Capital — Investor
Investor. Backs Rishanth Wholesale Trading Private Limited, Trishikhar Ventures LLP.
- Kedaara Capital (Kedaara Group) — Investor
Investor. Backs Kedaara II Continuation Fund, Kedaara Pearl Holding, Kedaara Sapphire Holding.
- Kedaara Capital Fund II LLP — Investor · Backed by Kedaara Capital
Investor. Backs Rishanth Wholesale Trading Private Limited.
- Acquired Ajax Engineering Private Limited in 2019 (Construction equipment), India. Concrete equipment manufacturer Backed by Kedaara Capital. Source: https://www.cci.gov.in/images/summaryorders/en/1652267255.pdf
- Kedaara Capital Fund IV AIF — Investor
Investor. Backs Kedaara Pearl Holding, Kedaara Sapphire Holding.
- Kedaara Pearl Holding — Private equity fund · Backed by Kedaara Capital Fund IV AIF, Kedaara Capital (Kedaara Group)
Private equity acquisition vehicle. Acquired Axis Finance Limited in 2026. Source: https://www.cci.gov.in/images/summaryorders/en/summary1777899112.pdf
- Acquired Axis Finance Limited in 2026 (Non-bank financial services), India. NBFC lending arm of Axis Bank Backed by Kedaara Capital Fund IV AIF, Kedaara Capital (Kedaara Group). Source: https://www.cci.gov.in/images/summaryorders/en/summary1777899112.pdf
- Kedaara Sapphire Holding — Private equity fund · Backed by Kedaara Capital Fund IV AIF, Kedaara Capital (Kedaara Group)
Private equity acquisition vehicle. Acquired SmartShift Logistics Solutions Private Limited (Porter) in 2025. Source: https://www.cci.gov.in/images/summaryorders/en/summary1746791577.pdf
- KIA EBT II Scheme 1 — Investor
Investor. Backs Hector Asia Holdings II Pte. Ltd.
- KKR (seller) — Investor
- KKR & Co. — Private equity fund, New York, NY · Backed by KKR & Co.
- Kopvoorn B.V. — Private equity fund · Backed by BPEA EQT, EQT, Moss Investments Limited, Infinity Partners, Defati Investments Holding B.V.
Private equity acquisition vehicle. Acquired HDFC Credila Financial Services Limited in 2023. Source: https://www.cci.gov.in/images/summaryorders/en/summary1687925036.pdf
- Acquired HDFC Credila Financial Services Limited in 2023 (Education finance), India. Education loan NBFC Backed by BPEA EQT, EQT, Moss Investments Limited, Infinity Partners, Defati Investments Holding B.V.. Source: https://www.cci.gov.in/images/summaryorders/en/summary1687925036.pdf
- Kotak Alternate Asset Managers Limited — Investor
Investor. Backs Kotak Performing RE Credit Strategy Fund I, Kotak Strategic Situations India Fund II.
- Kotak Performing RE Credit Strategy Fund I — Private equity fund · Backed by Kotak Alternate Asset Managers Limited, Bain Capital Credit, APAC Company XXIII Limited
Private equity acquisition vehicle. Acquired Embassy Office Parks Management Services Private Limited in 2024. Source: https://www.cci.gov.in/images/summaryorders/en/summary1714727647.pdf
- Acquired Embassy Office Parks Management Services Private Limited in 2024 (Real estate), India. Manager of Embassy Office Parks REIT Backed by Kotak Alternate Asset Managers Limited, Bain Capital Credit, APAC Company XXIII Limited. Source: https://www.cci.gov.in/images/summaryorders/en/summary1714727647.pdf
- Kotak Strategic Situations India Fund II — Private equity fund · Backed by Kotak Alternate Asset Managers Limited, Matrix Pharma Private Limited
Private equity acquisition vehicle. Acquired Ace Designers Limited in 2025. Source: https://www.cci.gov.in/images/summaryorders/en/summary1742910106.pdf
- Acquired Ace Designers Limited in 2025 (Machine tools), India. CNC machine tool manufacturer Backed by Kotak Alternate Asset Managers Limited. Source: https://www.cci.gov.in/images/summaryorders/en/summary1742910106.pdf
- L Catterton — Investor
Investor. Backs L Catterton India Fund.
- L Catterton India Fund — Private equity fund · Backed by L Catterton, L Catterton India Trust
Private equity acquisition vehicle. Acquired Haldiram Snacks Food Private Limited in 2025. Source: https://www.cci.gov.in/images/summaryorders/en/summary1766750494.pdf
- Acquired Haldiram Snacks Food Private Limited in 2025 (Packaged foods), India. Packaged snacks and sweets maker Backed by L Catterton, L Catterton India Trust. Source: https://www.cci.gov.in/images/summaryorders/en/summary1766750494.pdf
- L Catterton India Trust — Investor
Investor. Backs L Catterton India Fund.
- Lathe Investment Pte. Ltd. — Investor
Investor. Backs Tangerine Investments Limited.
- Lighthaven — Investor
Search fund investor. Backs Okintek Capital.
- Lighthouse Funds — Investor
Investor. Backs Lighthouse India Fund III, Limited.
- Lighthouse India Fund III, Limited — Private equity fund · Backed by Lighthouse Funds, Lighthouse India III Employee Trust
Private equity acquisition vehicle. Acquired Bikaji Foods International Limited in 2021. Source: https://www.cci.gov.in/images/summaryorders/en/1652179094.pdf
- Acquired Bikaji Foods International Limited in 2021 (Packaged foods), India. Packaged ethnic snacks manufacturer Backed by Lighthouse Funds, Lighthouse India III Employee Trust. Source: https://www.cci.gov.in/images/summaryorders/en/1652179094.pdf
- Lighthouse India III Employee Trust — Investor
Investor. Backs Lighthouse India Fund III, Limited.
- Lion Meadow Investment Ltd — Private equity fund · Backed by Warburg Pincus, Bharti Airtel Limited
Private equity acquisition vehicle. Acquired Bharti Telemedia Limited in 2023. Source: https://www.cci.gov.in/images/summaryorders/en/summary1698746136.pdf
- Acquired Bharti Telemedia Limited in 2023 (Media distribution), India. DTH television operator (Airtel Digital TV) Backed by Warburg Pincus LLC, Bharti Airtel Limited. Source: https://www.cci.gov.in/images/summaryorders/en/summary1698746136.pdf
- Luka Salamunic — Investor
- Lunate Holding RSC Ltd — Investor
Investor. Backs Alpha Wave Ventures II LP.
- Lunolux Limited (with Lunolux Midco Limited, AI Global Investments (Cyprus) PCC Limited and AI Pure (Cayman) Limited) — Private equity fund · Backed by Advent International
Private equity acquisition vehicle. Acquired Eureka Forbes Limited in 2022. Source: https://www.sebi.gov.in/statistics/open-offers/mar2023.html
- Acquired Eureka Forbes Limited in 2022 for Open offer under the SEBI Takeover Code: Rs 1,057.15 cr for 26% of equity at Rs 210.15 per share (Consumer durables), India. Water-purifier and vacuum-cleaner maker demerged out of Shapoorji Pallonji's Forbes & Company Backed by Advent International. Source: https://www.sebi.gov.in/statistics/open-offers/mar2023.html
- MacRitchie Investments Pte. Ltd. — Private equity fund · Backed by Temasek Holdings (Private) Limited, EvolutionX Debt Capital Master Fund 1 Pte. Ltd.
Private equity acquisition vehicle. Acquired Curefit Healthcare Private Limited in 2026. Source: https://www.cci.gov.in/images/summaryorders/en/summary1768823376.pdf
- Acquired Curefit Healthcare Private Limited in 2026 (Fitness), India. Fitness and wellness chain (Cult.fit) Backed by Temasek Holdings (Private) Limited. Source: https://www.cci.gov.in/images/summaryorders/en/summary1768823376.pdf
- Acquired API Holdings Limited (PharmEasy) in 2023 (E-pharmacy), India. Online pharmacy and healthcare platform Backed by Temasek Holdings (Private) Limited, EvolutionX Debt Capital Master Fund 1 Pte. Ltd.. Source: https://www.cci.gov.in/images/summaryorders/en/summary1701691391.pdf
- Manvendra Saxena — Investor
- Matrix Pharma Private Limited — Investor
Investor. Backs Kotak Strategic Situations India Fund II.
- Mazal — Investor
- MEMG Family Office LLP — Investor
Investor. Backs 360 ONE Private Equity Fund.
- Mirabilis Investment Trust — Investor
Investor. Backs India Advantage Fund S5 I.
- Moss Investments Limited — Investor
Investor. Backs Kopvoorn B.V.
- Motilal Oswal Private Equity — Investor
Investor. Backs India Business Excellence Fund IV.
- Multiples Alternate Asset Management — Investor
Investor. Backs Multiples Plenty Private Equity GIFT Fund, Multiples Private Equity Fund III, Multiples Private Equity Fund IV.
- Multiples Alternate Asset Management Private Limited — Investor
Investor. Backs Multiples Private Equity Fund III.
- Multiples Private Equity Fund III — Private equity fund · Backed by Multiples Alternate Asset Management Private Limited, Multiples Private Equity Fund IV, Multiples Private Equity GIFT Fund IV, Multiples Alternate Asset Management, CPP Investment Board Private Holdings (4) Inc., Canada Pension Plan Investment Board
Private equity acquisition vehicle. Acquired APAC Financial Services Private Limited in 2024. Source: https://www.cci.gov.in/images/summaryorders/en/summary1711626130.pdf
- Acquired APAC Financial Services Private Limited in 2024 (Non-bank financial services), India. MSME-focused NBFC Backed by Multiples Alternate Asset Management Private Limited, Multiples Private Equity Fund IV, Multiples Private Equity GIFT Fund IV. Source: https://www.cci.gov.in/images/summaryorders/en/summary1711626130.pdf
- Acquired Acko Technology & Services Private Limited in 2023 (Insurtech), India. Digital general insurance group Backed by Multiples Alternate Asset Management, CPP Investment Board Private Holdings (4) Inc., Canada Pension Plan Investment Board. Source: https://www.cci.gov.in/images/summaryorders/en/summary1681722751.pdf
- Multiples Private Equity Fund IV — Private equity fund · Backed by Multiples Alternate Asset Management, Multiples Private Equity GIFT Fund IV, Samvibhag Securities Private Limited
Private equity acquisition vehicle. Acquired V.I.P. Industries Limited in 2025. Source: https://www.cci.gov.in/images/summaryorders/en/summary1753437882.pdf
- Multiples Private Equity GIFT Fund IV — Investor
Investor. Backs Multiples Private Equity Fund III, Multiples Private Equity Fund IV.
- Naspers Ventures B.V. — Private equity fund · Backed by Prosus N.V.
Private equity acquisition vehicle. Acquired API Holdings Limited (PharmEasy) in 2023. Source: https://www.cci.gov.in/images/summaryorders/en/summary1700738130.pdf
- Acquired API Holdings Limited (PharmEasy) in 2023 (E-pharmacy), India. Online pharmacy and healthcare platform Backed by Prosus N.V.. Source: https://www.cci.gov.in/images/summaryorders/en/summary1700738130.pdf
- Acquired API Holdings Private Limited (PharmEasy) in 2021 (E-pharmacy), India. Online pharmacy and healthcare platform Backed by Prosus N.V.. Earlier 2021 filing Source: https://www.cci.gov.in/images/summaryorders/en/1652243806.pdf
- National Investment and Infrastructure Fund (seller) — Investor
- National Investment and Infrastructure Fund II — Investor
Investor. Backs TPG Nicobar SG Pte. Ltd.
- Nebula Asia Holdings II Pte. Ltd. — Investor
Investor. Backs Galaxy Investments II Pte. Limited.
- Nihit Agarwal — Investor
Search fund investor. Backs Okintek Capital.
- Okintek Capital — Search fund · Backed by Ambit Partners, Lighthaven, Searchlight ETA (Chaitanya Rathi), Inseta Partners, SFClub, Mazal, The Cromwell Harbor, Spectra Investments, Jasfa (Japan Search Fund Accelerator), Manvendra Saxena, Sumit Garg, Ruiz family, Zubin Bharti Mittal, Akshat Chaudhary, Nihit Agarwal, Adit Ravi
Search fund vehicle. Led by Rehan Netarwala. Acquired Clinevo Technologies in 2026. Source: https://searchfundsnews.com/okintek-capital-invests-in-clinevo-technologies-in-india/
- Acquired Clinevo Technologies in 2026 (Life-sciences software / pharmacovigilance), India. Technology company selling cloud-based, regulatory-compliant clinical trial management, EDC, drug-safety and pharmacovigilance platforms to pharma, biotech and CROs; 200+ clients and 1,000+ clinical trials Backed by Ambit Partners, Lighthaven, Searchlight ETA (Chaitanya Rathi), Inseta Partners, SFClub, Mazal Capital, The Cromwell Harbor Partnership, Spectra Investments, Jasfa (Japan Search Fund Accelerator), Manvendra Saxena, Sumit Garg, Ruiz Family, Zubin Bharti Mittal, Akshat Chaudhary, Nihit Agarwal, Adit Ravi. second completed search-fund acquisition in India; Searchlight ETA took a board seat Source: https://searchfundsnews.com/okintek-capital-invests-in-clinevo-technologies-in-india/
- OMERS Administration Corporation — Investor
Investor. Backs OMERS Infrastructure Asia Holdings Pte. Ltd.
- OMERS Infrastructure Asia Holdings Pte. Ltd. — Private equity fund · Backed by OMERS Administration Corporation, Ontario Municipal Employees Retirement System, 2726247 Ontario Inc.
Private equity acquisition vehicle. Acquired Azure Power Global Limited in 2021. Source: https://www.cci.gov.in/images/summaryorders/en/1652181016.pdf
- Acquired Interise Trust (formerly IndInfravit Trust) in 2024 (Road infrastructure), India. Road infrastructure investment trust Backed by OMERS Administration Corporation, 2726247 Ontario Inc.. Source: https://www.cci.gov.in/images/summaryorders/en/summary1731413422.pdf
- Acquired Azure Power Global Limited in 2021 (Renewable energy), India. Solar independent power producer Backed by OMERS Administration Corporation, Ontario Municipal Employees Retirement System. Source: https://www.cci.gov.in/images/summaryorders/en/1652181016.pdf
- Ontario Municipal Employees Retirement System — Investor
Investor. Backs OMERS Infrastructure Asia Holdings Pte. Ltd.
- Pacific Lake Partners — Investor
- Pai Family Group — Investor
Investor. Backs 360 ONE Private Equity Fund.
- PAI Partners (seller) — Investor
- Partners Group — Investor
Investor. Backs PG ArtemisB Pte. Ltd.
- Peak XV Partners — Investor
Investor. Backs Peak XV Partners Investments VI-1.
- Peak XV Partners (seller) — Investor
- Peak XV Partners Investments VI-1 — Private equity fund · Backed by Peak XV Partners, Ribbit Capital V L.P., YC Holdings II, LLC
Private equity acquisition vehicle. Acquired Billionbrains Garage Ventures Private Limited (Groww) in 2025. Source: https://www.cci.gov.in/images/summaryorders/en/summary1741059913.pdf
- Acquired Billionbrains Garage Ventures Private Limited (Groww) in 2025 (Fintech), India. Retail investing and broking platform Backed by Peak XV Partners, Ribbit Capital V L.P., YC Holdings II, LLC. Source: https://www.cci.gov.in/images/summaryorders/en/summary1741059913.pdf
- PG ArtemisB Pte. Ltd. — Private equity fund · Backed by Partners Group
Private equity acquisition vehicle. Acquired Atria Convergence Technologies Limited in 2021. Source: https://www.cci.gov.in/images/summaryorders/en/1652183187.pdf
- Acquired Atria Convergence Technologies Limited in 2021 (Broadband), India. Wired broadband and cable TV operator Backed by Partners Group. Source: https://www.cci.gov.in/images/summaryorders/en/1652183187.pdf
- PG Esmeralda Pte. Limited — Private equity fund
Private equity acquisition vehicle. Acquired Ecom Express Private Limited in 2020. Source: https://www.cci.gov.in/images/summaryorders/en/1652179471.pdf
- Acquired Ecom Express Private Limited in 2020 (Logistics), India. Third-party e-commerce logistics provider Sponsor not named in this CCI summary Source: https://www.cci.gov.in/images/summaryorders/en/1652179471.pdf
- PI Opportunities Fund I - Scheme II — Private equity fund · Backed by Premji Invest, Premji Foundation, Claypond Capital Partners Private Limited, 360 ONE Private Equity Fund, 360 ONE Alternates Asset Management Limited
Private equity acquisition vehicle. Acquired Sagar Cements Limited in 2022. Source: https://www.cci.gov.in/images/summaryorders/en/summary1652851588.pdf
- Piramal Group — Investor
Investor. Backs India Resurgence Fund (IndiaRF) - Schemes 1, 2 and 4.
- Premji Foundation — Investor
Investor. Backs PI Opportunities Fund I - Scheme II.
- Premji Invest — Investor
Investor. Backs PI Opportunities Fund I, PI Opportunities Fund I - Scheme II.
- Prosus N.V. — Investor
Investor. Backs MIH Investments One B.V., Naspers Ventures B.V.
- Raptor Investments Limited — Investor
Investor. Backs ChrysCapital Fund X.
- REA Group / REA India (seller) — Investor
- Relay Investment — Investor
- Relay Investments — Investor, Boston, USA
Category A search fund investor · Boston, USA · $200M AUM · 200+ search funds backed; heavy technology focus with fast-growing international exits since 2019.
- Ribbit Capital V L.P. — Investor
Investor. Backs Peak XV Partners Investments VI-1.
- Rishanth Wholesale Trading Private Limited — Private equity fund · Backed by Kedaara Capital Fund II LLP, Kedaara Capital
Private equity acquisition vehicle. Acquired Vishal Mega Mart Private Limited in 2018. Source: https://www.cci.gov.in/images/summaryorders/en/1652346427.pdf
- Rising Sun group — Investor
Investor. Backs Rising Sun Holdings Private Limited.
- Rising Sun Holdings Private Limited — Private equity fund · Backed by Adar Poonawalla, Rising Sun group
Holding company. Acquired Magma Fincorp Limited in 2021. Source: https://www.cci.gov.in/images/summaryorders/en/1652242837.pdf
- Ruiz family — Investor
- Samara Alternate Investment Fund — Investor
Investor. Backs Witzig Advisory Services Private Limited.
- Samara Capital — Investor · Backed by Samara Capital
Investor. Backs Samara Capital Partners Fund I Limited, Witzig Advisory Services Private Limited, Zest Holding Investments Limited (with Zest Investments Limited, Samara Capital Partners Fund III Limited, Infinity Holdings and Infinity Holdings Sidecar I).
- Acquired Asian Oilfield Services Limited in 2013 for Open offer under the SEBI Takeover Code: Rs 12.48 cr for 26% of equity at Rs 22.00 per share (Oilfield services), India. Listed oilfield seismic and drilling services company; creeping-acquisition open offer Backed by Samara Capital. Source: https://www.sebi.gov.in/statistics/open-offers/apr2013.html
- Samvibhag Securities Private Limited — Investor
Investor. Backs Multiples Private Equity Fund IV.
- Search Fund Partners — Investor
- Searchlight ETA (Chaitanya Rathi) — Investor
Search fund investor. Backs Okintek Capital.
- Sequoia Capital GFIV Mauritius (seller) — Investor
- SFClub — Investor
- Singapore VII Topco I Pte. Ltd. — Private equity fund
Private equity acquisition vehicle. Acquired Aakash Educational Services Limited in 2019. Source: https://www.cci.gov.in/images/summaryorders/en/1652269189.pdf
- Acquired Aakash Educational Services Limited in 2019 (Education), India. Test-prep coaching chain CCI summary names only the SPV; no sponsor named in the summary Source: https://www.cci.gov.in/images/summaryorders/en/1652269189.pdf
- Spectra Investments — Investor, Brazil
Search fund investor (Category C) · Brazil · founded 2017 · ~$1.23B AUM, 700+ investee companies; LATAM-focused, prefers mid-market over startups.
- Sumit Garg — Investor
Search fund investor. Backs Okintek Capital.
- Tangerine Investments Limited — Private equity fund · Backed by ChrysCapital IX, LLC, Corpus Management Company IX, LLC, ChrysCapital, Bandhan Financial Holdings Limited, Lathe Investment Pte. Ltd.
Private equity acquisition vehicle. Acquired IDFC Asset Management Company Limited in 2022. Source: https://www.cci.gov.in/images/summaryorders/en/summary1652852321.pdf
- Acquired IDFC Asset Management Company Limited in 2022 (Asset management), India. Mutual fund asset manager (now Bandhan AMC) Backed by ChrysCapital IX, LLC, Corpus Management Company IX, LLC, ChrysCapital, Bandhan Financial Holdings Limited, Lathe Investment Pte. Ltd.. CCI summary: Tangerine is a wholly-owned subsidiary of ChrysCapital IX, LLC, managed by Corpus Management Company IX, LLC Source: https://www.cci.gov.in/images/summaryorders/en/summary1652852321.pdf
- Temasek (seller) — Investor
- Temasek Holdings (Private) Limited — Investor
Investor. Backs Jongsong Investments Pte. Ltd., Kangto Investments Pte. Ltd., MacRitchie Investments Pte. Ltd., Ramon Investments Pte. Ltd., V-Sciences Investments Pte Ltd.
- The Blackstone Group Inc. — Investor
Investor. Backs BCP TopCo XII Pte Ltd.
- The Carlyle Group — Private equity fund, Washington, DC · Backed by The Carlyle Group
- The Cromwell Harbor — Investor
- TPG Growth III SF Pte. Ltd. — Investor
Investor. Backs TPG Growth V SF Markets Pte. Ltd.
- TPG Growth V SF Markets Pte. Ltd. — Private equity fund · Backed by TPG Inc., Waverly Pte. Ltd., Asia Healthcare Holdings Pte. Ltd., TPG Growth III SF Pte. Ltd.
Private equity acquisition vehicle. Acquired Asian Institute of Nephrology and Urology in 2024. Source: https://www.cci.gov.in/images/summaryorders/en/summary1705031022.pdf
- Acquired Asian Institute of Nephrology and Urology in 2024 (Hospitals), India. Single-specialty hospital chain Backed by TPG Inc., Waverly Pte. Ltd., Asia Healthcare Holdings Pte. Ltd.. Source: https://www.cci.gov.in/images/summaryorders/en/summary1705031022.pdf
- TPG Inc. — Private equity fund, Fort Worth, TX
- TPG Nicobar SG Pte. Ltd. — Private equity fund · Backed by TPG Inc., TPG Rise Climate GSI SF Pte. Ltd., National Investment and Infrastructure Fund II, ICICI Bank Limited
Private equity acquisition vehicle. Acquired Aseem Infrastructure Finance Limited in 2026. Source: https://www.cci.gov.in/images/summaryorders/en/summary1784807810.pdf
- Acquired Aseem Infrastructure Finance Limited in 2026 (Infrastructure finance), India. Infrastructure lending NBFC Backed by TPG Inc., TPG Rise Climate GSI SF Pte. Ltd., National Investment and Infrastructure Fund II, ICICI Bank Limited. Source: https://www.cci.gov.in/images/summaryorders/en/summary1784807810.pdf
- TPG Rise Climate GSI SF Pte. Ltd. — Investor
Investor. Backs TPG Nicobar SG Pte. Ltd.
- True North — Investor
Investor. Backs True North Fund V LLP.
- True North Fund V LLP — Private equity fund · Backed by True North, True North Fund VI LLP
Private equity acquisition vehicle. Acquired Zydus Wellness Limited in 2018. Source: https://www.cci.gov.in/images/summaryorders/en/1652339266.pdf
- True North Fund VI LLP — Investor
Investor. Backs True North Fund V LLP.
- TTCER Partners — Investor, California, USA
Category A search fund investor · California, USA · founded 2007 · invested in 200+ search-acquired businesses; deeply active international coinvestor.
- Acquired Freshtohome in 2019 (Ecommerce), India
- Two Infinity Partners — Investor
Investor. Backs ChrysCapital Fund X.
- V-Sciences Investments Pte Ltd — Private equity fund · Backed by Temasek Holdings (Private) Limited
Private equity acquisition vehicle. Acquired Niva Bupa Health Insurance Company Limited in 2023. Source: https://www.cci.gov.in/images/summaryorders/en/summary1698062312.pdf
- Acquired Green Agrevolution Private Limited (DeHaat) in 2022 (Agritech), India. Agri-tech input and output marketplace Backed by Temasek Holdings (Private) Limited. Source: https://www.cci.gov.in/images/summaryorders/en/summary1670230780.pdf
- Vista Equity Partners — Private equity fund, Austin, TX
- Warburg Pincus — Private equity fund, New York, NY · Backed by Warburg Pincus
- Warburg Pincus (seller) — Investor
- Warburg Pincus (Warburg Pincus XI fund entities) — Investor
Investor. Backs Cloverdell Investment Ltd.
- Waverly Pte. Ltd. — Investor
Investor. Backs TPG Growth V SF Markets Pte. Ltd.
- Wildcat Capital Partners — Search fund, Indianapolis, IN · Backed by Pacific Lake Partners, Search Fund Partners
All-in-one management SaaS for sports academies and fitness facilities with monthly subscription fees.
- Acquired Upper Hand (Sports Management Software). All-in-one management SaaS for sports academies and fitness facilities with monthly subscription fees. Search capital raised: $400K Search / ~$5M Equity.
- Witzig Advisory Services Private Limited — Private equity fund · Backed by Samara Alternate Investment Fund, Samara Capital, Amazon.com NV Investment Holdings LLC
Private equity acquisition vehicle. Acquired Aditya Birla Retail Limited (More) in 2018. Source: https://www.cci.gov.in/images/summaryorders/en/1652335960.pdf
- Acquired Aditya Birla Retail Limited (More) in 2018 (Grocery retail), India. Supermarket and hypermarket chain Backed by Samara Alternate Investment Fund, Samara Capital, Amazon.com NV Investment Holdings LLC. Source: https://www.cci.gov.in/images/summaryorders/en/1652335960.pdf
- Woodhall Holdings (DIFC) Limited — Private equity fund · Backed by Brookfield Global Transition Fund, Brookfield Asset Management
Private equity acquisition vehicle. Acquired UPL Sustainable Agri Solutions Limited in 2022. Source: https://www.cci.gov.in/images/summaryorders/en/summary1671510779.pdf
- YC Holdings II, LLC — Investor
Investor. Backs Peak XV Partners Investments VI-1.
- Zest Holding Investments Limited (with Zest Investments Limited, Samara Capital Partners Fund III Limited, Infinity Holdings and Infinity Holdings Sidecar I) — Private equity fund · Backed by Samara Capital, Convergent Finance LLP, Infinity Investment Management
Private equity acquisition vehicle. Acquired Agro Tech Foods Limited in 2024. Source: https://www.sebi.gov.in/statistics/open-offers/feb2025.html
- Acquired Agro Tech Foods Limited in 2024 for Open offer under the SEBI Takeover Code: Rs 366.24 cr for 26% of equity at Rs 578.03 per share (Packaged foods), India. Listed Indian foods company (Sundrop, Act II) bought from Conagra Brands' subsidiary CAG-Tech (Mauritius) Backed by Samara Capital, Convergent Finance LLP, Infinity Investment Management. Source: https://www.sebi.gov.in/statistics/open-offers/feb2025.html
- Zonnebaars Netherlands B.V. — Private equity fund · Backed by EQT, BPEA EQT
Private equity acquisition vehicle. Acquired Indira IVF Hospital Private Limited in 2023. Source: https://www.cci.gov.in/images/summaryorders/en/summary1692360052.pdf
- Acquired Indira IVF Hospital Private Limited in 2023 (Healthcare), India. Fertility clinic chain Backed by EQT, BPEA EQT. Source: https://www.cci.gov.in/images/summaryorders/en/summary1692360052.pdf
- Zubin Bharti Mittal — Investor
Search fund investor. Backs Okintek Capital.