Motilal Oswal Private Equity Launches Rs 4,000 Cr Fund

Motilal Oswal Private Equity (MOPE), the private equity arm of Motilal Oswal Group, is launching its next growth equity fund. This will be the fourth fund for the homegrown private equity firm which has been investing in this market since 2007.
BY Realty Plus
Published - Thursday, 22 Jul, 2021

Motilal Oswal Private Equity (MOPE), the private equity arm of Motilal Oswal Group, is launching its next growth equity fund. This will be the fourth fund for the homegrown private equity firm which has been investing in this market since 2007. The investment strategy for the new Fund, India Business Excellence Fund IV (or IBEF IV), will be in line with the previous funds as MOPE continues its focus on providing crucial growth capital to mid-market Indian companies demonstrating strong long-term sustainable growth potential. As in the past, the preference would be to invest in first-generation entrepreneurs building businesses with significant product and/or geographic leadership, the company said. In terms of focus sectors, IBEF IV plans to build a diversified portfolio of 10–12 investments across MOPE’s preferred sectors of consumer, financial services, life sciences, and niche manufacturing. The fund may also evaluate and selectively invest in emerging new-age business models with digital/online distribution channels, within its preferred sectors. The Fund has been set up as an alternate investment fund (AIF Category II) registered with stock market regulator Sebi. MOPE expects to achieve its first close before December 2021 and conclude fundraising within 9-12 months.