Xponentia Capital Partners, a mid-market focused private equity fund, has raised Rs 365 crore towards the first close of its second fund – Xponentia Opportunities Fund 2, according to ETtech report.
The capital has come from Indian corporates, family offices and High Net-worth Individuals with most investors in its first fund doubling down, the report said.
The firm, founded by PR Srinivasan and Devinjit Singh, raised its first fund of Rs 351 crore in 2019. Along with its Limited Partners, or sponsors, who co-invested in deals, the firm has invested a total of Rs 450 crore from its first fund.
Its portfolio includes Flight Simulation Technique Centre or FSTC, Barbeque Nation, R4Rabbit, Easy Home Finance, Medsource and Altigreen.
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