Trident Growth Partners closes ₹1,000 cr fund, doubles down on growth-stage bets

Former growth partners founded by former Senior Investment Specialists, Premji Invest and International Finance Corporation-Atul Gupta and Pravana Malhotra, the first closure of his maiden fund at approximately ₹ 1000 Crore. The partners plan to nominate or comply with the b and further stages of the S series, to target rapidly growing managers for significant minorities.

Prior to the Foundation, it is an agnostic field, it will discuss consumer, financial services, enterprises technology, production and healthcare.

The company has reached its targeted corps immediately after the license of its Alternative Investment Fund (AIF) on July 2024, 2010. It is now implementing a GREENSHOE option to increase an additional 1000 pepper.

The foundation has supported a number of institutional and private investors. The main supporters include Claypond Capital – MANIPAL GROUP President-Dr. Ranjan Pa’s family, along with the Fund of Funds of the newly established enterprises (by Siddie) and confident India (Sri) Foundation. In addition, Lenskart, Publinbazar, Kreditbear, Kreditbear, Amami, Permanent Systems, Livspace, Advertb, Sagrace, Addverb, Sagrace Chements and Triali Polymers, had invested in several family offices and general partners.

The three managed partners bring more than 50 years of collective investment experience. Gupta and Rama have previously spent 13 years together, who work together at Premji Invest and share a ten-year-old professional association with Malhotra. Their initial investments include policy baugebazaar, Myntra, Lenskart, Flipkart, Monelle, Firstry, Bigbasket, Medplus, etc. 14 of their 40 past investments have purchased the status of a unicorn and 8 have passed to IPOs or M & A transactions.

With the initial operating experience of Wipro, Reva Electric, Dirport Material and Lam Research, the Trident Team aims to support portfolio companies in building a stable and well-managed business. The partners intend to work closely with the founders, offering mentoring through the network of a wide founder and operating support from experienced teams.

“Our team’s large investment experience in Trident growths gives us unique prospects for macro and sectoral trends that provide strong functions that prioritize.

The company made its first contribution to SAASA Company Management series in SAA COMPANY MANAGEMENT. The second investment is closing closing, and the foundation expects additional investments on its main topics in the coming months.