TLDR:
- Oister Global launches ₹440 crore fund targeting India’s consumer-driven and emerging technology sectors
- The fund, Oister India Pinnacle Fund (OIPF), will back venture capital and private equity funds across various stages
Oister Global has announced the launch of a ₹440-crore fund focusing on India’s consumer-driven and emerging technology sectors, aiming to back venture capital and private equity funds at various stages. The fund, named Oister India Pinnacle Fund (OIPF), will target investments from pre-Series A to Series D and beyond. The move is strategically designed to capitalize on India’s consumption-driven growth, diversification of the Indian economy, and rising per-capita incomes. With a focus on the consumption sector, the fund aims to leverage India’s economic growth and tap into new investment avenues presented by evolving consumption patterns and a burgeoning middle class. The Gurugram-based firm invests exclusively in private market funds, aiming to capture value across different stages of a company’s lifecycle and reinforce success by providing follow-on capital to portfolio winners. Oister Global plans to infuse ₹4,500 crore into India’s venture capital and private equity ecosystem over the next two years, in addition to launching a private credit fund in the near future.
