|Fidelity India Ventures, 7/2012||$250M|
Fidelity Growth Partners India (FGPI) is the private equity arm of Fidelity International focused primarily on growth capital investing across sectors.
FGPI seeks to invest in high-quality, high-growth companies in India (and other markets) across a broad range of sectors with a typical investment size in the $10 million to $50 million range. In certain sectors like technology and life-sciences, the fund selectively backs quality teams at an early stage with smaller commitments.
Building on Fidelity’s 40 year heritage of venture and private equity investing, the firm has established a significant presence in India, and the portfolio now includes market leaders like Netmagic Solutions, Coastal Projects, VMC Systems, Manthan Systems, PL Engineering, Shreem Electric, Transpole Logistics, and Laurus Labs.