Public markets (Cat III) · SEBI registry
Paragon Partners Equity Trust
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
- Kalina, Santacruz East, Mumbai, Maharashtra
- Fund registered
- 2021
- Investments on record
- 4
- Corpus (as reported)
- ~US$200M+ across firm (per firm/Tracxn, year not dated)
- Website
- www.paragonpartners.in
- Profile ↗
About
Paragon Partners is a Mumbai-based Indian mid-market private equity firm founded in 2015, investing in lower-mid-market Indian companies across consumer, financial services, infrastructure, industrials and healthcare. Operates via Paragon Advisor Partners LLP.
Investment focus
Mid-market / growth private equity in India; sectors: consumer discretionary, financial services, infrastructure services, industrials and healthcare services. This Cat III vehicle is the firm's listed/public-equity strategy.
Cheque size
~USD 10-20 million per deal (approx INR 67-134 Cr) for mid-market PE (Growth Fund I mandate)
As compiled from public sources — verify with the investor.
SEBI registration
SEBI AIF Category III — reported as “Cat III”
- IN/AIF3/21-22/1016
SIDBI Fund of Funds
Yes — SIDBI was an LP/investor in Paragon Partners Growth Fund I (USD 120m final close, alongside Edelweiss, IIFL and Kotak Mahindra Group); same manager entity manages this trust (Private Equity International, Nov 2017)
Notable portfolio
Maini Precision Products; InCred Finance; Capacit'e Infraprojects; Chai Point; mCaffeine; TruCap Finance
Team & organisation
~3 senior partners (Siddharth Parekh, Sumeet Nindrajog, Niten Lalpuria) plus investment team
India mid-market PE manager (est. 2015); multiple SEBI AIFs incl. Category II funds and this Category III trust under the Paragon Partners platform, Mumbai
Connect through iHub India
Open a funding round and send a structured pitch from this profile. It's recorded now and delivered the moment this investor joins iHub India; if they accept, contact details are shared and the conversation moves into a tracked deal room.
Raising a round? Send a funding pitch with your traction — an acceptance opens a tracked deal room. Mentors, incubators, corporates and students can request an intro instead.
Work at Paragon Partners Equity Trust? Claim this profile to keep it current and receive pitches directly.
Frequently asked
- What does Paragon Partners Equity Trust invest in?
- Mid-market / growth private equity in India; sectors: consumer discretionary, financial services, infrastructure services, industrials and healthcare services. This Cat III vehicle is the firm's listed/public-equity strategy.
- What cheque size does Paragon Partners Equity Trust write?
- As compiled from public sources: ~USD 10-20 million per deal (approx INR 67-134 Cr) for mid-market PE (Growth Fund I mandate)
- How do I pitch Paragon Partners Equity Trust 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.
Similar investors
Public markets (Cat III)
11H Holdings
Public markets (listed) · Public markets (listed equity) · Ahmedabad
Public markets (Cat III)
16 Alpha Alternatives Technologies Fund
Public markets (listed) · Public markets (listed equity) · New Delhi
Public markets (Cat III)
2Point2 Capital Trust
Public markets (listed) · Public markets (listed equity) · Mumbai
Public markets (Cat III)
31 Degrees North Fund
Public markets (listed) · Public markets (listed equity) · Ahmedabad
Public markets (Cat III)
3P INDIA EQUITY FUND
Public markets (listed) · Public markets (listed equity) · Mumbai
Public markets (Cat III)
AAA India Equity Fund
Public markets (listed) · Public markets (listed equity) · Mumbai
About this record
- ⚑ PE / hedge (Cat III) — listed-equity strategy, not 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.paragonpartners.in/; https://www.privateequityinternational.com/paragon-partners-raises-120m/