Trident Growth Partners closes ₹1,000 cr fund, doubles down on growth-stage bets

Trident Growth Partners, which was established by the former investment specialists from Premji Invest, International Finance Corporation – ATUL Gupta, Rajesh Ramaiah, and Pravan Malhotra – announced the first closure of its first box of 1000 rupees. The partners are planning to lead or participate in the BS and Investments in the following stage, targeting fast -growing leaders of the important minorities.

Although the fund is an unprecedented sector, it will focus on consumer, financial services, institutions technology, manufacturing and health care.

The company arrived at the target group shortly after the insurance of the alternative investment fund license (AIF) in July 2024. It is now practicing the Greenshoe option to collect additional 1,000 crushers.

The fund received support from many institutional and private investors. Among the main supporters of ClayPond Capital – Family Office for Dr. Ranjan Bay, Chairman of the Manipal Group – along with the funds fund for startups (managed by SIDBI), and the Self -based India Fund (SRI). In addition, more than 30 founders of companies such as Lenskart, PolicyBazaar, Kreditbee, Amagi, Persistance Systems, LivSpace, Netcore, Addverb, Sagar Polymers and Triveeni, along with many family offices and general partners of well -known money.

The three administrative partners bring over 50 years of experience in the field of mass investment. Gobta and Rumia previously spent 13 years in investing together in Premji Invest and sharing a decade -long professional association with Malhotra. Their previous investments include companies from policybazaar, Myntra, Lenskart, Flipkart, Purplle, FirstCry, Bigbasket, MedPlus and more. Of their forty years of age, he achieved 14 cases of unicorn and 8 passed through subscriptions or integration and purchases.

Through previous operational experience in companies such as WIPRO, Reva Electric, Applied Mateials and LAM Research, the Trident team aims to support governor companies in building sustainable and well -possible businesses. Partners intend to work closely with the founders, as they provide guidance through a wide founder and operational support from a dedicated team of experienced professionals.

“In Trident Growth Partners, it provides us with the extensive investment experience of our team through market courses a unique perspective on total and sectoral trends. We offer more than just financing, get experience in deep operation, the mentality of a first founder, and a powerful network to support companies on the growth trip.

The company has made its first investment by participating in the series B in Spotdraft, which is the SAAS company in the field of contracting the contract life cycle. The second investment is close to the closure, and the fund expects additional investments through its basic topics in the coming months.