BigBasket Backer Panthera Growth Partners Announces First Close Of $250 Mn Second Fund

• ByStartupStory     |    June 28, 2022

The first closing of Panthera Growth Partners’ second $250 million funds has been announced. PGP is a Singapore-based growth investment company with a concentration on technology. The fund’s goal has been set at $250 million, according to the company’s statement, and it is anticipated that it will be accomplished by the end of the current fiscal year. The fund will provide co-investment possibilities for up to 100% of fund commitments.

We are growth equity investors with a focus on companies that generate revenue and are developing scalable businesses after achieving product-market fit. At Panthera, we think that at this stage of expansion, operating thought partners are just as crucial as finance.

Panthera Growth Fund founder and managing partner Shilpa Kulkarni stated, “We want to help entrepreneurs and management teams as they embark on an ambitious growth path. Our team has expertise in investing in and operating businesses in the startup ecosystem for more than two decades.

She further said, “The investment goal of the fund is to collaborate with entrepreneurs providing enterprise and consumer services to the future generation that has enormous development potential. The capital of the fund will be invested in businesses looking to quicken market expansion after achieving product-market fit. On average, the fund would invest $20 million in 10 to 12 different portfolio firms across India and Southeast Asia.”

Panthera Growth Partners is a sector-specific investment company that only invests in cutting-edge technology-leveraged enterprises. It was established in 2021. Our sector speciality, an extensive network of operational resources and industry connections, methodical value creation methodology, and potent execution skills set us apart.

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