SAIF Partners in the market to raise $400m new India-focused fund

SAIF Partners in the market to raise $400m new India-focused fund

India Gate. Photo: Abhidev Vaishnav/unsplash

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.

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