Top Page | English | 简体中文 | 繁體中文 | 한국어 | 日本語
Tuesday, 28 June 2022, 12:00 HKT/SGT
Share:
    

Source: Panthera Growth Partners (PGP)
Panthera Growth to Raise US$250 Million Second Fund to Back Tech Companies
Target for first close achieved

Singapore, June 28, 2022 - (ACN Newswire) - Panthera Growth Partners (PGP), a Singapore-based tech-focused growth investment firm, today announced the first close of its second Fund, having secured commitments for more than half of the target raise. The fund's target has been set at USD 250 million, and is expected to be reached by end of this fiscal year. The fund will offer up to 100% of fund commitments in co-investment opportunities.

Shilpa Kulkarni, Founder and Managing Partner, Panthera Growth Fund

The Fund's investment objective is to partner with next generation consumption and enterprise services businesses with vast growth potential. The Fund's capital will be invested in companies that have achieved product market fit and are seeking to accelerate market growth. The Fund will deploy approx. USD20 million on average in 10-12 individual portfolio companies across India and Southeast Asia.

Backed by institutional investors from India, EU and USA, Fund II will seek to back entrepreneurs who typically employ market transformational ideas propelled by technology. Fund II has been formed to build upon the investment track record and philosophy of the firm by focusing upon investments in growth stage technology-enabled companies that are, or are poised to become, leaders in their respective markets.

Panthera was founded in 2021 and its Fund I, which raised $84 M from global institutional investors, is largely deployed across sector leading companies such as BigBasket, Pepperfry, Zivame, OfBusiness, etc.

Shilpa Kulkarni, Founder and Managing Partner, Panthera Growth Fund, said, "We are a growth equity investor focused on revenue-generating enterprises that are building scalable businesses having achieved product-market-fit. At Panthera, we believe that operating thought partners are as just as important as capital at this growth stage. With our teams' experience of investing and operating companies in the startup ecosystem since more than two decades, we look to support entrepreneurs and management teams as they embark on an ambitious growth journey."

About Panthera Growth Partners

Panthera Growth Partners is a sector specialist investment firm investing exclusively in cutting edge technology leveraged businesses. We are differentiated by our sector specialization, deep network of operational resources and industry relationships, systematic value creation process, and strong execution capability.

For more information, visit www.pantheragp.com

Media contacts:
Mumbai: Snigdha Nair - Snigdha.nair@adfactorspr.com
Singapore: Namrata Sharma - namrata.sharma@adfactorspr.com


Topic: Press release summary
Source: Panthera Growth Partners (PGP)

Sectors: Cloud & Enterprise, PE, VC & Alternatives, ASEAN, Local Biz, Startups
http://www.acnnewswire.com
From the Asia Corporate News Network


Copyright © 2025 ACN Newswire. All rights reserved. A division of Asia Corporate News Network.



Latest Press Releases
15 World Toppers and Near-Perfect Scorers for GIIS Singapore in IBDP 2025 Exams  
July 7, 2025 12:00 HKT/SGT
Huatai Foundation Supports NbS Summer School, Convening Global Youth to Tackle Ecological Conservation  
July 7, 2025 10:44 HKT/SGT
MHI Awarded Contract for Basic Design of Japan's Largest CO2 Capture Plant at Hokkaido Electric Power's Tomato-Atsuma Power Station  
Monday, July 7, 2025 10:15:00 AM
Fujitsu's high-precision skeleton recognition AI adopted to enhance figure skating athlete training  
Saturday, July 5, 2025 12:40:00 PM
Everest Medicines Unveils Breakthroughs in AI+mRNA Platform, Reinforces Global Leadership in Next-Gen mRNA Innovation  
July 4, 2025 18:59 HKT/SGT
DENSO Acquires Axia Vegetable Seeds to Realize Sustainable Agriculture  
Friday, July 4, 2025 3:20:00 PM
MHIET Launches 450kW Gas Cogeneration System Capable of Hydrogen Co-Firing  
Friday, July 4, 2025 2:13:00 PM
INVEST FAIR Malaysia 2025 Spotlights Investor Trends, Multi-Asset Literacy, and Tech-Driven Platforms  
July 4, 2025 13:00 HKT/SGT
Yachiyo Engineering and NEC launch adaptation finance study in Indonesia to calculate the adaptation value of disaster prevention measures  
Friday, July 4, 2025 12:25:00 PM
Fujitsu to implement store monitoring solution for METRO Inc. in Canada, enhancing operational efficiency and policy compliance  
Friday, July 4, 2025 12:19:00 PM
More Press release >>
 Events:
More >>
 News Alerts
Copyright © 2025 ACN Newswire - Asia Corporate News Network
Home | About us | Services | Partners | Events | Login | Contact us | Privacy Policy | Terms of Use | RSS
US: +1 214 890 4418 | China: +86 181 2376 3721 | Hong Kong: +852 8192 4922 | Singapore: +65 6549 7068 | Tokyo: +81 3 6859 8575

Connect With us: