Updated:
Oman India Joint Investment Fund
Oman India Joint Investment Fund Management Company is a private equity firm based in Mumbai, India. It manages approximately $330 million in assets and has...
Oman India Joint Investment Fund
Oman India Joint Investment Fund Management Company is a private equity firm based in Mumbai, India. It manages approximately $330 million in assets and has $19.62 million in dry powder. The firm employs 4 staff, including 4 investment professionals.
General information
Firm type
Private Equity
Year founded
2011
AUM
Undisclosed
Location
Region
Asia
Country
India
City
Mumbai
Corporate office
Lodha Supremus, Unit 604, 605 & 606, Senapati Bapat Marg, Opposite Kamala Mills, Lower Parel (W), Mumbai – 400013, India
Principals
Satish Chavva
Chief Executive Officer
Vishal Verma
Director Investments
Sector focus
Frequently asked questions
Who sponsors OIJIF?
The Oman Investment Authority (the Sultanate's sovereign wealth fund) and the State Bank of India are the sponsor and anchor investors for all funds. This dual-sponsor structure gives the firm an institutional capital base tied to both an Omani sovereign and an Indian public-sector bank, rather than a diversified fundraising model.
What investment stages does OIJIF target?
OIJIF focuses on growth-capital and expansion-stage investments in the Indian mid-market. The firm's three SEBI-registered Category II Alternative Investment Funds take minority positions in companies that have achieved initial scale and need capital to expand manufacturing, distribution, or geographic reach.
How does OIJIF source deals?
Deal flow is largely proprietary, driven by the networks of its two sponsors — the State Bank of India's domestic banking relationships and the Oman Investment Authority's cross-border government and corporate ties. The firm does not operate an open online application process and emphasizes founder relationships built over its decade-plus track record.
Which sectors does OIJIF invest in?
The firm's mandate covers five sectors: consumer goods and retail, financial services, healthcare, niche manufacturing, and technology. Representative positions include Divgi TorqTransfer Systems (auto components), Prince Pipes (building materials), Senco Gold (jewelry retail), Capital Small Finance Bank, and Annapurna Finance.
Does OIJIF manage a single fund or multiple vehicles?
OIJIF manages three funds sequentially: Oman India Joint Investment Fund I, Fund II, and the recently approved Fund III. Each fund is structured as a SEBI-registered Category II AIF, and the sponsors serve as anchor investors across all three vehicles.
Is OIJIF a single-family office or a sovereign-linked private equity manager?
OIJIF is a sovereign-linked private equity asset manager, not a family office. The firm is promoted and anchored by the Oman Investment Authority, a sovereign wealth fund, and the State Bank of India, a public-sector bank, with a professional investment team led by CEO Satish Chavva.
What is OIJIF's exit track record?
The firm states that Fund II alone has produced five IPOs, indicating an upper-mid-market exit trajectory for its growth-stage portfolio. Individual exit names and realized multiples are not publicly disclosed.
Profile maintained by Altss 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.
Need institutional-grade insight on private equity firms?
Altss delivers:
Prefer a guided tour?
We’ll walk you through: