Public markets (Cat III) · SEBI registry
Mauryan First
Public markets (listed) · Public markets (listed equity) · Mumbai
At a glance
- Stage focus
- Public markets (listed)
- Primary sector
- Public markets (listed equity)
- City
- Mumbai
- HQ / office
- Lower Parel West, Mumbai, Maharashtra
- Fund registered
- 2016
- Investments on record
- 6
- Website
- www.mauryancapital.com
About
Mauryan First is the flagship Category III AIF (SEBI IN/AIF3/16-17/0228) of Mauryan Capital Management Pvt Ltd, a Mumbai PE/public-markets firm founded in 2015 by Gautam Bahal (ex-RWC Partners, ex-JP Morgan; LSE). Invests in listed and unlisted Indian businesses.
Investment focus
Category III AIF — invests in 'mispriced, future-ready businesses' across public and private markets in India; sectors include consumer/F&B, fintech, financial services, software (early/growth/late stage)
SEBI registration
SEBI AIF Category III — reported as “Cat III”
- IN/AIF3/16-17/0228
SIDBI Fund of Funds
None found
Notable portfolio
Blue Tokai Coffee Roasters; MobiKwik (exited Dec 2024)
Team & organisation
Approx 3, all partners; led by founder/fund manager Gautam Bahal
Private-limited-managed single-fund Category III AIF — Mauryan First (SEBI IN/AIF3/16-17/0228), manager Mauryan Capital Management Pvt Ltd (CIN U67190MH2015PTC271530, Mumbai); public + private equity
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Frequently asked
- What does Mauryan First invest in?
- Category III AIF — invests in 'mispriced, future-ready businesses' across public and private markets in India; sectors include consumer/F&B, fintech, financial services, software (early/growth/late stage)
- How do I pitch Mauryan First through iHub India?
- Create a free startup account, open a funding round, and send a structured pitch from this profile. If the investor accepts, contact details are shared and the conversation moves into a tracked deal room.
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About this record
- ⚑ PE / hedge (Cat III); invests in public + private markets, not a pure startup VC
Compiled from SEBI registrations and public sources as of 2026-07. iHub India lists investors neutrally and does not endorse, rank, or verify investment terms — confirm all details directly with the investor before transacting.
Sources: https://www.mauryancapital.com; https://tracxn.com/d/private-equity/mauryan-capital/__d3GMPVRvRRFUSa8aqc--p_Sdt10SKbwemw2978131XY