Multi-stage investment firm SAIF Partners India, one of the most prolific investors in the country, has hit the market to raise a new India-dedicated fund of $400 million, according to its filing with the US Securities and Exchange Commission.
The new fund, SAIF Partners India VII Ltd, is $50 million more than the previous fund, which closed in 2017 at $350 million. The firm, which invests at multiple stages starting from seed, has total assets under management of $3 billion with at least 100 companies in its portfolio.
