PE-VC Fund Investments
S’ware provider for pharma cos. Marg ERP raises Rs.400-Cr from Jashvik Capital
Private Equity firm Jashvik Capital has invested INR 400 crore in Delhi-based Marg ERP , a pharmaceuticals focused enterprise resource planning (ERP) and accounting software provider.Marg ERP, founded in 2000, claims to have over 500,000 subscribers across India and 32 other countries. The company works with wholesalers, distributors, and pharmacies holding over 50% market share in certain segments of the pharmaceutical distribution chain.Marg ERP was previously partially owned by API Holdings, which had acquired a 49% stake in 2022; this stake was bought back by Marg ERP’s founders in February 2025.Jashvik Capital plans to expand Marg ERP’s operations through organic and inorganic strategies and invest further in research and development. The latest deal marks Jashvik Capital’s fourth investment from its maiden fund, which has a target corpus of USD 350 million.
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