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Investment Fund

Paragon Partners Growth Fund

Overview

Paragon Partners Growth Fund I (PPGF-I), established August 2015 by co-founders Siddharth Parekh and Sumeet Nindrajog, raised $50 million (~Rs 300 crore) at first close in March 2016 against a $200 million target, ultimately achieving final close at approximately $120 million for its maiden India-focused mid-market private equity fund.

Key Facts

Vintage year
2015
Managed by
Paragon Partners
Fund size
USD 120M
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Last updated April 18, 2026