India: PE firm Paragon Partners reaches first close of $200m growth fund at $50m Siddharth Parekh has already invested in start-ups as an angel investor in his personal capacity. Photo: Mint Ishita Russell March 11, 2016 PremiumPrivate equity firm Paragon Partners has raised $50 million at the first close of its $200 million growth fund, PPGF-I aimed at investing in mid-size companies. Continue reading this story with a subscription to DealStreetAsia. Subscribe Already a subscriber? Log in Should your colleagues be reading this article too? Contact us for corporate subscriptions at email@example.com.