Private Equity

Fund News

Xponential Capital raises Rs.1,000-Cr second fund

INC42  

Private Equity firm Xponentia Capital has announced the final close of its Xponentia Opportunities Fund II after raising INR 1,000 crore, exceeding the initial target of INR 750 crore. The fund has received commitments from existing Fund I backers as well as new Indian investors. The new commitments largely came from India-based investors, including from high-net-worth individuals (HNIs), family offices, insurance companies and the SIDBI Fund-of-Funds. The fundraise comes a year after Xponentia announced the second close of its Fund II in July last year. It has already committed INR 270 crore from the fund.