The fund reportedly received investments from institutional investors and family offices from India, the US, Europe and Asia
The PE firm will infuse capital with an average ticket size ranging between $25 Mn and $40 Mn and will ‘double down on its portfolio winners’
Creaegis has already deployed a third of the fund and has backed startups such as healthtech platform Medikabazaar, insurtech startup Zopper, and enterprisetech startup Kale Logistics
Indian private equity (PE) firm Creaegis on Wednesday (September 20) announced the final close of its maiden $425 Mn (INR 3,529 Cr) fund to invest in homegrown startups.
“We are pleased to share the final close of our maiden fund of $425 Mn! We are privileged to have some of the leading institutional investors and family offices join us in this journey and are grateful for their trust and support!,” said Creaegis on X, formerly Twitter.