Creaegis Transformations Fund Trust

Overview

Creaegis, a Bengaluru-based private equity firm, announced final close of its maiden fund at $425 million (Rs 3,529 crore) in September 2023 -- the largest debut fund raised by a first-time Indian fund manager. Backed by IFC and family offices from India, the US, Europe, and Asia (roughly half domestic), the sector-agnostic fund targets a 12-15 startup portfolio with $25-40 million average tickets, having already deployed a third of the fund into companies including Medikabazaar, Zopper, and Kale Logistics.

Key Facts

Managed by

Creaegis

Fund size

USD 425M