Asset Manager

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Avigo Capital Partners

Avigo Capital is a New Delhi-based private equity fund focused on mid-market companies. It has made 6 investments, including a Series B - II investment in...

Avigo Capital Partners

Avigo Capital is a New Delhi-based private equity fund focused on mid-market companies. It has made 6 investments, including a Series B - II investment in Locix on January 14, 2020.

General information

Firm type

Asset Manager

Year founded

2004

Location

Region

Asia

Country

India

City

New Delhi

Corporate office

New Delhi, India

Additional offices

Mumbai, India · Bangalore, India

Principals

Amit Ratanpal

Founder & Managing Director

Shiv Narain Gupta

Senior Managing Director

Bharat Bakhshi

Managing Director

Neeraj Bhargava

Senior Director

Sector focus

Enterprise SoftwareFinancial ServicesConsumerHealthcare ServicesBusiness Services

Frequently asked questions

Who makes the final investment decisions at Avigo?

Investment decisions have historically been led by founder and managing director Amit Ratanpal, with oversight from an investment committee that includes senior managing director Shiv Narain Gupta and managing director Bharat Bakhshi. The firm operated with a flat partnership structure typical of a mid-market private equity manager; all significant commitments required committee consensus.

How does Avigo relate to the broader Indian private equity landscape?

Avigo belongs to a cohort of 2004–2008 vintage India-focused growth funds — alongside firms like ICICI Venture, ChrysCapital, and Ascent Capital — that targeted the massive opportunity in formalizing India's mid-sized family enterprises. Unlike peers that eventually launched large-cap infrastructure or credit vehicles, Avigo maintained a narrow SME mandate and a relatively compact fund size, which made it a distinctive but ultimately smaller player in an industry that increasingly rewarded scale.

Profile maintained by using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.

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