Venture Intelligence (TSJ Media Pvt. Ltd.)
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Xponentia Capital raises Rs.365-Cr in first close of second fund
Mumbai-based mid-market focused private equity fund Xponentia Capital Partners has raised INR 365 crore towards the first close of its second fund - Xponentia Opportunities Fund 2. The PE firm is looking to mop up INR 750 crore towards the final close of the fund. The capital has come from Indian corporates, family offices and High Net-worth Individuals with most investors in the firm's first fund doubling down. The fund will look to make around 8-10 investments from the second fund with cheque sizes up to INR 100 crore. The firm backs companies in financial services, healthcare, consumer and business services that can generate around INR 30-35 crore in Ebitda. The firm, founded by PR Srinivasan and Devinjit Singh, raised its first fund of INR 351 crore in 2019. Along with its Limited Partners, who co-invested in deals, the firm has invested INR 450 crore from its first fund. Its portfolio includes Flight Simulation Technique Centre (FSTC), Barbeque Nation, R for Rabbit, Easy Home Finance, Medsource and Altigreen.
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Venture Intelligence (TSJ Media Pvt. Ltd.)
1, Maharani Chinnamba Road; Alwarpet; Chennai - 600018. India.