• Indian GDP projected to touch USD 5 trillion by 2025 

  • TCGF investment themes � Urbanization, Discrete Manufacturing and Strategic Services 

  • Out of 9 portfolio companies, 6 are among top 2 players in their sectors and 5 have had positive social impact 


India focused growth capital fund: Tata Capital Growth Fund (TCGF or the Fund) is a US$ 240 million private equity fund which manages third party capital raised from investors globally. The Fund targets growth capital investments in companies that derive a substantial portion of their revenues from operations in India. 

Focus areas & typical deal size: TCGF targets investments around the themes of Urbanization, Discrete Manufacturing and Strategic Services. The Fund invests between US$ 10 million and US$ 35 million per transaction and primarily holds significant minority stakes in its portfolio companies.

Key drivers of TCGF's success are its ability to identify future market leaders, superior diligence, operational value add and emphasis on governance. TCGF has invested in 9 companies, 6 of them are among the top 2 players in their respective sectors. TCGF has also made 3 exits with good returns.

Social impact: Several portfolio companies of TCGF have had positive social impact (e.g. Home First Finance Company in affordable housing finance, Star Health in affordable health insurance, Janalakshmi Financial Services in microfinance, Nearex in digital financial inclusion and AESPL in women employment).


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Fund in the news
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  •   Tata Capital Growth Fund LP leads Series B Investment in Nearex Pte. Ltd  Know more
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