Investor Lists

PE firms based in India

Updated 7 November 2026

PE firms headquartered in India.

See all 190 →The top 25
190investors on the list+1 this week
52cheques in 12 monthsToo few cheques to tell
$15Mmedian round they joined+94% against the market median
11%wrote a cheque in 12 months
11%have led a round

The Top 25

Ordered by cheques observed, never by anything anyone paid for

Deploying now (10)

  1. 1ElevenquietPrivate equity · India219$34Kmedian roundOct 2015last seen
  2. 2PremjiInvestDeploying nowPrivate equity · India31$163Mmedian roundOct 2026last seen
  3. 3Lilly VenturesquietGrowth equity · India24$26Mmedian roundJan 2017last seen
  4. 4MGXDeploying nowGrowth equity · India16$5.5Bmedian roundOct 2026last seen
  5. 5Unilazer VenturesDeploying nowPrivate equity · India11$20Mmedian roundOct 2026last seen
  6. 6CatamaranquietPrivate equity · India10$17Mmedian roundMay 2018last seen
  7. 7Tata CapitalDeploying nowPrivate equity · India9$89Mmedian roundJan 2026last seen
  8. 8Lok CapitalDeploying nowPrivate equity · India8$19Mmedian roundOct 2026last seen
  9. 9Peepul Capital LLCquietPrivate equity · India8$10Mmedian roundOct 2015last seen
  10. 10Amicus Capital PartnersquietPrivate equity · India7$9.6Mmedian roundJul 2019last seen
  11. 11Gaja CapitalDeploying nowPrivate equity · India7$16Mmedian roundNov 2026last seen
  12. 12Faering CapitalquietPrivate equity · India6$15Mmedian roundMar 2019last seen
  13. 13UNITED INVESTMENTSquietGrowth equity · India6$13Mmedian roundOct 2013last seen
  14. 14Asian Healthcare FundquietPrivate equity · India5$8Mmedian roundJun 2015last seen
  15. 15Reliance Technology VenturesquietGrowth equity · India5$15Mmedian roundApr 2009last seen
  16. 16SeraphimDeploying nowGrowth equity · India5$100Mmedian roundOct 2026last seen
  17. 17AcceleratorquietPrivate equity · India4$6.1Mmedian roundOct 2018last seen
  18. 18Aurum VenturesquietGrowth equity · India4$4Mmedian roundNov 2018last seen
  19. 19Barclays Private EquityquietPrivate equity · India4$22Mmedian roundMar 2015last seen
  20. 20Baring Private Equity Partners IndiaDeploying nowPrivate equity · India4$15Mmedian roundJun 2026last seen
  21. 21Carpediem Capital PartnersquietPrivate equity · India4$3.8Mmedian roundApr 2019last seen
  22. 22Convergent FinancequietPrivate equity · India4$19Mmedian roundAug 2025last seen
  23. 23HikequietGrowth equity · India4$13Mmedian roundJul 2019last seen
  24. 24MultiplesDeploying nowPrivate equity · India4$125Mmedian roundNov 2026last seen
  25. 25TVS Capital FundsDeploying nowPrivate equity · India4$35Mmedian roundFeb 2026last seen
165 more on this list

All 190 are in the app, with filters for stage, sector and market. A free account shows 10 per search, Pro up to 1,000.

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Quick answers about PE firms based in India

Who are the most active PE firms based in India?

By cheques observed, the most active are Eleven, PremjiInvest, Lilly Ventures, MGX and Unilazer Ventures.

How many PE firms based in India are there?

190 are on record. 11% made an investment in the last 12 months and 11% have led a round.

Which stages do PE firms based in India back?

Of the rounds with a named stage in the last 12 months, mostly Series A (31%) and Growth (21%).

How big are the rounds PE firms based in India join?

The typical (median) round among the leading investors here is $16M.

Which sectors do PE firms based in India back most?

In the last 12 months, mostly AI, Fintech and Healthcare.

Which PE firms based in India lead the most rounds?

PremjiInvest (6 led), MGX (4 led) and Convergent Finance (3 led).

What have PE firms based in India invested in recently?

Recent rounds include Ripik.ai (Nov 2026, with Gaja Capital), GIVA (Other, Nov 2026, with Multiples) and OpenAI (Other, Oct 2026, with MGX).

How is this list of PE firms based in India ranked?

By cheques observed, from the rounds and filings we watched, and never by anything anyone paid for. It is rebuilt every night.

Built from the rounds we watched, refreshed every night. How we count · Report a correction