Oman India Joint Investment Fund (OIJIF), established in 2011 and based in Mumbai, is a growth capital private equity fund that focuses on investing in mid-market companies across various sectors in India, including business products and services, financial services, and manufacturing. The fund has developed a diverse portfolio of category-leading firms that demonstrate strong growth and profitability. OIJIF emphasizes building close relationships with its portfolio companies and actively engages with their management teams to foster healthy growth and sustainable practices. The firm is committed to enhancing corporate governance and ensuring that its investments contribute positively to the industry landscape.
Senco Gold & Diamonds is one of India's oldest jewellery retailers, established in 1938 and boasting a rich heritage of over 75 years. The company specializes in gold and diamond jewellery, while also offering a range of products made from silver, platinum, and various precious and semi-precious stones. In addition to traditional jewellery, Senco Gold provides costume jewellery, as well as gold and silver coins and utensils. With a significant presence in eastern India, the company operates more than 75 showrooms, including both company-operated and franchise locations, and also sells products through its online platforms. Senco Gold & Diamonds is recognized for its exclusive designs and craftsmanship, continuously evolving to cater to modern tastes while maintaining its core values.
ShopKirana
Series C in 2022
ShopKirana is a B2B-commerce company based in Indore, India, founded in 2015. The company focuses on empowering retailers by providing them with technology, operational expertise, and a competitive edge in the market. By partnering directly with brands, ShopKirana enhances demand generation and promotes transparency through in-depth market intelligence. Its online marketing platform is designed to optimize retail operations, helping clients improve inventory management, space utilization, and overall store aesthetics. This integration of technology and support aims to boost the productivity, sales, and profit margins of retailers, enabling them to compete effectively in the marketplace.
HomeLane
Series E in 2021
HomeLane is a home interior company based in Bangalore, Karnataka, that specializes in providing personalized interior design solutions for the urban Indian middle class. Founded in 2014, it has successfully delivered over 21,000 projects across the country, demonstrating significant expertise in helping customers realize their dream homes. The company offers a comprehensive range of services on a single platform, including interior design, modular furniture, decor products, painting, loose furniture, appliances, and home automation. HomeLane enables customers to visualize various design options in three dimensions and provides instant quotes, making the process of home interior design accessible and efficient.
Annapurna Finance
Private Equity Round in 2021
Annapurna Finance is a microfinance institution focused on the financial and economic upliftment of underserved women and economically backward clients. The organization aims to expand microfinance operations in areas lacking access to formal financial systems, providing vital livelihood support to impoverished households. Annapurna Finance offers a range of need-based financial services, including micro-loans for clean water, sanitation, home improvement, support for widowed families, and small businesses. Additionally, the company provides customized insurance plans to ensure that customers receive tailored financial assistance aligned with their life cycle needs. By bringing these clients into the financial mainstream, Annapurna Finance facilitates economic empowerment and entrepreneurial skill development.
DCB Bank
Post in 2020
DCB Bank is a private sector commercial bank in India that provides a range of banking services to both retail and corporate customers. The bank's operations are divided into several segments, including retail banking, wholesale banking, and treasury operations. Retail banking is the primary revenue driver, offering services such as lending and deposit-taking to individual and small business customers. The corporate banking segment caters to larger businesses, providing similar financial services tailored to corporate needs. Additionally, DCB Bank engages in treasury activities, which involve managing financial market operations and maintaining reserve requirements. The bank also serves various sectors, including agriculture, micro, small and medium enterprises (SMEs), and the public sector, thereby diversifying its customer base and service offerings.
Crompton Greaves Consumer Electricals
Private Equity Round in 2020
Crompton Greaves Consumer Electricals Limited is a prominent manufacturer and marketer of consumer products in India, specializing in a diverse array of electrical consumer durables and lighting solutions. The company’s product portfolio includes ceiling, table, and pedestal fans; professional LED and conventional lighting products; residential and agricultural pumps; as well as various household appliances such as geysers, air coolers, and cooking devices. Notably, Crompton has maintained a leading position in the fans and domestic pumps markets for over two decades. With manufacturing facilities located in Goa, Vadodara, Ahmednagar, and Baddi, the company distributes its products through nearly 150,000 retail points across the country. Founded in 2015 and headquartered in Mumbai, Crompton Greaves Consumer Electricals is actively expanding its reach into new categories and markets, catering to a wide range of consumers, including residential, hospitality, and institutional sectors.
Capital Small Finance Bank
Private Equity Round in 2019
Capital Small Finance Bank Limited, based in Jalandhar, India, is recognized as the country's first small finance bank. Established in 1999, it provides a comprehensive range of banking and financial products and services across various segments, including Treasury, Corporate/Wholesale Banking, Retail Banking, and Other Banking Operations. The bank offers essential services such as current and savings accounts, term deposits, and a variety of loans, including housing, auto, gold, and personal loans. Additionally, it extends financing services to commission agents, general credit card schemes, and loans against rentals. Capital Small Finance Bank also provides debit cards, NRI accounts, money transfer, bill payment, insurance, and online banking services. As of March 31, 2020, the bank operated 150 branches and 151 ATMs across regions including Punjab, Haryana, Delhi, Rajasthan, Himachal Pradesh, and the Union Territory of Chandigarh, with the retail banking segment being its primary revenue source. The institution rebranded from Capital Local Area Bank Limited to its current name on April 24, 2016.
STANLEY LIFESTYLES
Private Equity Round in 2018
STANLEY LIFESTYLES is a furniture and home decor company offering interior, automotive seat covers, and upholstery products. STANLEY LIFESTYLES focuses on quality, creativity, and comfort.
Annapurna Finance
Private Equity Round in 2018
Annapurna Finance is a microfinance institution focused on the financial and economic upliftment of underserved women and economically backward clients. The organization aims to expand microfinance operations in areas lacking access to formal financial systems, providing vital livelihood support to impoverished households. Annapurna Finance offers a range of need-based financial services, including micro-loans for clean water, sanitation, home improvement, support for widowed families, and small businesses. Additionally, the company provides customized insurance plans to ensure that customers receive tailored financial assistance aligned with their life cycle needs. By bringing these clients into the financial mainstream, Annapurna Finance facilitates economic empowerment and entrepreneurial skill development.
Divgi TorqTransfer Systems
Private Equity Round in 2018
Divgi TorqTransfer Systems Private Limited, established in 1964 and headquartered in Pune, India, specializes in manufacturing automotive transmission and powertrain products and components. The company offers a range of solutions for various vehicles, including passenger cars, utility vehicles, commercial vehicles, and electric and agricultural vehicles. Its product portfolio includes transfer cases, automatic locking hubs, synchronizer systems with carbon composite friction materials, and various transmission components. Divgi TorqTransfer Systems designs, develops, markets, and supplies drivetrain components and systems tailored to meet both Indian and international customer requirements. The company operates primarily in the automotive components sector, serving both domestic and export markets.
SSIPL Group
Private Equity Round in 2015
SSIPL Group is a prominent footwear retailer and manufacturer based in New Delhi, India, with operations dating back to 1994. The company specializes in the design, manufacturing, and distribution of sports footwear and lifestyle apparel for well-known international brands such as Nike, PUMA, and Lotto. SSIPL operates a comprehensive retail network across 99 Indian cities, featuring over 436 exclusive and multi-brand stores, which collectively encompass approximately 400,000 square feet of retail space. In addition to its partnerships with global brands, SSIPL also markets its own domestic line of footwear, contributing to a growing fitness culture in India. The company aims to promote an active lifestyle among consumers through its diverse product offerings and extensive reach in the market.
HBL Power Systems
Post in 2015
HBL Power Systems Ltd is an Indian company established in 1977, specializing in engineered products and services, particularly in the battery sector. Initially focusing on addressing technology gaps in India, the company successfully developed aircraft batteries, leading to the creation of one of the world's widest ranges of specialized batteries. HBL has diversified its offerings to include industrial batteries, defense and aviation electronics, and railway electronic signaling. In addition, the company has expanded into solar photovoltaic modules and precision manufacturing, leveraging its engineering expertise. With a significant portion of its revenue generated from the batteries segment in India, HBL serves a global clientele across America, Europe, and the Middle East, catering to some of the most demanding applications in various industries.
ING Vysya Bank
Post in 2015
ING Vysya Bank Ltd is a premier private sector bank with retail, private and wholesale banking platforms that serve over two million customers. With over 80 years of history in India and leveraging ING’s global financial expertise, the bank offers a broad range of innovative and established products and services, across its 547 branches. The Bank, which has close to 10,000 employees, is also listed in Bombay Stock Exchange Limited and National Stock Exchange of India Limited. ING Vysya Bank was ranked among top 5 Most Trusted Brands among private sector banks in India in the Economic Times Brand Equity – Neilsen survey 2011.
GSP Corp
Private Equity Round in 2014
GSP Crop Science Private Limited is an agrochemical manufacturer based in Ahmedabad, India, specializing in the production of phosphate fertilizers and a wide array of pesticide products. The company's offerings include various insecticides, such as acephate and chlorpyrifos, as well as fungicides like hexaconazole and propiconazole. Additionally, GSP provides herbicides including pendimethalin and metribuzin. With a commitment to sustainable and environmentally friendly agricultural practices, GSP markets its products through an extensive dealer network across India and exports internationally to regions such as Latin America, the United States, Australia, Africa, Asia, and the Middle East. Founded in 1972, the company aims to support farmers' needs while promoting safe agricultural growth.
National Commodity & Derivatives Exchange (NCDEX)
Private Equity Round in 2014
National Commodity & Derivatives Exchange Limited (NCDEX) is a professionally managed on-line multi commodity exchange. The shareholders of NCDEX comprises of large national level institutions, large public sector bank and companies. NCDEX offers a bouquet of benefits, which are currently in short supply in the commodity markets. The shareholders of NCDEX are prominent players in their respective fields and bring with them institutional building experience, trust, nationwide reach, technology and risk management skills. NCDEX is a public limited company incorporated on April 23, 2003 under the Companies Act, 1956. It obtained its Certificate for Commencement of Business on May 9, 2003. It commenced its operations on December 15, 2003. Corporate Identity No. is U51909MH2003PLC140116.
ING Vysya Bank
Post in 2013
ING Vysya Bank Ltd is a premier private sector bank with retail, private and wholesale banking platforms that serve over two million customers. With over 80 years of history in India and leveraging ING’s global financial expertise, the bank offers a broad range of innovative and established products and services, across its 547 branches. The Bank, which has close to 10,000 employees, is also listed in Bombay Stock Exchange Limited and National Stock Exchange of India Limited. ING Vysya Bank was ranked among top 5 Most Trusted Brands among private sector banks in India in the Economic Times Brand Equity – Neilsen survey 2011.
Indus Teqsite
Private Equity Round in 2012
Indus Teqsite Private Limited has proven expertise and experience in manufacture of highly reliable electronic products and systems. These systems range from COTS boards to complex systems. Indus Teqsite products and systems are geared to function under the most stringent user specifications and environment. Indus Teqsite is a 100% EOU registered under STPI (Software Technology Parks of India) as an EHTP (Electronic Hardware Technology Park). It is an ISO 9001-2008 accredited company. Indus Teqsite operates a 100,000 sq ft production facility at Siruseri Technology Park, Chennai, situated in 5.75 acres of land. It houses state-of-art SMT fabrication and inspection unit. This unit includes multi-stage re-flow soldering stations for BGA and high density packages, soldering stations, inspection tools, mechanical assembly area, environmental test equipment including humidity, temperature cycling, burn-in ovens and vibration table for meeting reliability and quality requirements.
Solar Industries India
Post in 2012
Solar Industries India Ltd is a prominent manufacturer of industrial explosives and defense products. The company specializes in providing a comprehensive range of blasting solutions, which include both packaged and bulk explosives, as well as detonation initiating systems. Its primary customers are in the mining, infrastructure, and construction sectors. In addition to its explosive offerings, Solar also produces high energy explosives, propellants for missiles and rockets, and various defense-related munitions such as pyros, bombs, and warheads. While the company has a significant international presence, the majority of its revenue is generated within the Indian market.
Solar Industries
Private Equity Round in 2012
Solar Industries, Inc. They are a full service skylight and mirrored wardrobe door manufacturing company located in Tucson, Arizona. Solar Industries began in 1976 and currently they have six branch locations throughout California, New Mexico, Nevada, and Arizona.They have plans to open more branch operations to serve their customers. Since their conception theyhave prided ourselves in their ability to service ther customers. Their number one goal is to provide excellent service to their customers and they strive to achieve is daily.
Strides Pharma Science
Venture Round in 1997
Strides Pharma Science Limited is a global pharmaceutical company based in Bengaluru, India, specializing in the development, manufacturing, and sale of pharmaceutical products. The company operates in both regulated and emerging markets, offering a diverse portfolio of generic and branded generics. Its product range includes tablets, capsules, oral liquids, powders, semi-solids, ointments, and creams, targeting various therapeutic areas such as women's health, central nervous system disorders, cardiovascular diseases, diabetes, dermatology, and infectious diseases. Strides has a strong manufacturing presence with eight facilities across four continents, including five approved by the US FDA. Additionally, the company has a dedicated research and development facility in India, enhancing its capability to file products globally. Founded in 1990, Strides Pharma Science has established a significant footprint in over 100 countries, focusing on complex and niche pharmaceutical products, particularly in chronic therapy segments.
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