Paragon Partners Prepares to Unwind Investments, Launches Third Fund with ₹1,500 Crore Corpus
Paragon Partners Prepares for Third Mid-Market PE Fund Launch
Paragon Partners, a prominent private equity firm, has been making strides in its investment strategy. The firm, which has a notable track record of backing successful consumer brands such as Chai Point and mCaffeine, is now gearing up to launch its third mid-market private equity fund. This new fund aims to secure a corpus of ₹1,500 crore, which will enable the firm to continue investing in profitable Indian companies.
As Paragon Partners prepares to launch its third fund, the firm has been focusing on securing exits for its earlier investments. This strategic move is expected to pave the way for the successful launch of the new fund. With its expertise in identifying and nurturing profitable Indian companies, Paragon Partners is well-positioned to make a significant impact in the market with its third mid-market PE fund.
| Fund | Target Corpus | Year of Launch |
|---|---|---|
| Paragon Partners Fund I | ₹1,000 crore | 2018 |
| Paragon Partners Fund II | ₹1,200 crore | 2020 |
| Paragon Partners Fund III | ₹1,500 crore | 2024 (Projected) |
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Investor Takeaway
Investors should consider Paragon Partners' new fund for mid-market investments in profitable Indian companies.
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