One Planet Partners launches maiden PE fund, targets Rs 3,000 crore
The fund will back mid-market Indian companies with growth capital as it targets energy transition, new mobility and manufacturing opportunities.
- On Thursday, One Planet Partners Private Limited launched its maiden private equity fund in partnership with Japan's Sumitomo Mitsui Trust Bank , targeting investments of over 3,000 crore in high-growth Indian businesses.
- SMTB made a strategic equity investment in One Planet to anchor the fund, focusing on energy transition, new mobility solutions, and manufacturing-led industrial growth across Indian mid-market firms.
- One Planet expects to deploy $315 million over the next five years, with founding partners Mukund Rajan and Bobby Pauly aiming for 25%-30% gross returns to "tide over the depreciation of the rupee" for international investors.
- The firm targets mid-market companies with revenues between 200 and 2,000 crore, having already deployed capital into Bengaluru-based electric mobility company Yulu Bikes Private Limited through a $93 million Series C funding round in August.
- Kazuya Yoneda, general manager in the equity investment department at SMTB, stated the bank will build "a long-term partnership across asset classes," reflecting confidence in India's 7% growth amid Japanese institutional investor expansion.
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VC firm One Planet Partners to deploy over ₹3,000 crore in high-growth business in India
The fund would focus on high-growth mid-market businesses across energy, mobility and manufacturing, with scale-up capital of ₹ 100–500 crore for enterprises with revenue between ₹200 and 2,000 crore, says One Planet Partners, an India-focused private equity firm
The Economic Times
Times of IndiaOne Planet Partners launches maiden PE fund, targets Rs 3,000 crore
One Planet Partners has launched a private equity fund in partnership with Sumitomo Mitsui Trust Bank. The firm plans to raise over ₹3,000 crore and target mid-market companies in India. One Planet will focus on sectors such as energy, mobility, and manufacturing, offering growth capital of ₹100 crore to ₹500 crore. Yulu Bikes Private Limited is the firm's first investment, participating in their $93 million Series C funding round.
One Planet Partners ties up with Japan’s SMTB to deploy ₹3,000 cr for maiden fund
One Planet Partners has partnered with Japan’s Sumitomo Mitsui Trust Bank for its maiden fund, to deploy around ₹3,000 crore in investments across energy transition, mobility and manufacturing.
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