Private Equity

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Prachetas Capital

Intelligent investing with Prachetas Capital - a private equity fund manager & business advisory. The Prachetas New India Growth Fund is US$ 200 – 250...

Prachetas Capital logo

Prachetas Capital

Intelligent investing with Prachetas Capital - a private equity fund manager & business advisory. The Prachetas New India Growth Fund is US$ 200 – 250 Million.

General information

Firm type

Private Equity

Year founded

2019

AUM

Undisclosed

Location

Region

Asia

Country

India

City

Mumbai

Corporate office

310, Floor 3, Maker Chamber V, Plot No. 221, Jamnalal Bajaj Marg, Nariman Point, Mumbai - 400021

Additional offices

Bengaluru, Karnataka, India

Principals

Praveen P. Kadle

Chairman and Managing Director

Pradeep Bandivadekar

Managing Partner

Sector focus

IT & Digital ServicesHealthcare & PharmaFinancial ServicesLogisticsPrecision Manufacturing

Frequently asked questions

Who runs investment decisions at Prachetas Capital?

The firm is led by Chairman and Managing Director Praveen P. Kadle and Managing Partner Pradeep Bandivadekar. The investment team also includes Senior Partner Ajay Limaye and Principal Abha Inamdar. Day-to-day investment decisions are made by this group, operating under the board's direction.

Is Prachetas Capital structured as a family office or a traditional private equity firm?

Prachetas Capital is an institutional private equity fund manager, not a family office. It operates the Prachetas New India Growth Fund, a SEBI-registered Category II Alternative Investment Fund open to external limited partners.

What is the investment strategy of the Prachetas New India Growth Fund?

The fund provides growth capital to India-centric, technology-driven small and medium enterprises. It targets companies with $15–150 million in revenue, writing checks of $15–25 million. The strategy draws explicitly from Benjamin Graham's value-investing framework, emphasizing low entry valuations and multiple expansion on exit.

Which sectors does Prachetas Capital target?

According to the fund's mandate, target sectors include IT and digital services, healthcare and pharma, financial services, logistics, and precision manufacturing. The firm has not published a list of sectors it explicitly avoids.

Has Prachetas Capital disclosed any portfolio company investments?

No. As of the firm's most recent public disclosures, Prachetas Capital has not named a specific portfolio company or announced a closed deal.

Does Prachetas Capital have a philanthropic or trust structure alongside the fund?

The firm's website references Agastya Trust in proximity to fund details, but it does not describe the trust's mandate, funding source, or relationship to the management company.

How does Prachetas Capital source its deal flow?

The firm publicly leans on its team's deep industry networks, a senior advisory board with connections to Japanese banking (Sumitomo Mitsui) and global strategy consulting, and its position in Mumbai and Bengaluru to source proprietary, tech-enabled growth deals in India. Details of any formal origination partnerships have not been disclosed.

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