Led · Series A · Aug 2024

Kinetic Green is an electric vehicle (EV) manufacturer best known for the E-Luna. According to reports, the company in 2023 said it is looking to raise $30–40 million to scale up, build a new manufacturing plant, launch new products, and reach one million units over the next five years. The company will use recent fundraise proceeds to pay operating expenses, meet working capital requirements, repay debt, invest in capital expenditures, and expand its business. For FY23 Kinetic Green reported annual revenue of Rs 302.8 crore, up from Rs 202.5 crore in the prior year. However, it recorded a loss of Rs 7.2 crore for the period versus a profit of Rs 700 lakh in the previous year. Greater Pacific Capital will hold a 4.58% stake in the company post-placement.

Led · Equity · Feb 2023

NxtWave operates an online upskilling platform targeting learners in India. The company announced a $33 million funding round to support growth. The round was led by global investor Greater Pacific Capital (GPC). NxtWave said it will use the proceeds to pursue acquisitions and expand its footprint in the country. The articles do not disclose additional investors or financial details beyond the $33 million raise. No operating metrics or founding-year information were provided in the coverage. NxtWave offers vernacular, asynchronous and online cohort-based training programmes in Industry 4.0 tech career tracks for college students, graduates and early professionals. Launched in September 2020, the company aims to build India’s largest online employability university to produce one million new-age developers annually without requiring a conventional college degree. NxtWave is bootstrapped, cash-flow positive and has profitably grown 9X in the last 10 months to $7.5 million ARR. It has an active community of 200,000+ students from over 3,000 colleges, paid customers in 250+ districts (more than 85% from non-metros and rural areas), and 250+ companies have hired its graduates including Google and Jio. The startup plans to use the new capital to expand its team, accelerate product development and further penetrate existing markets to scale revenue 5X in the next 12 months. Its curriculum and delivery emphasize digital pedagogy tailored for small-town India, combining vernacular content, technology and continuous career-building programs.

Led · Equity · Oct 2022

Muthoot Microfin is the microfinance arm of the Thiruvanathapuram-based Muthoot Pappachan Group that provides financial services to primarily women entrepreneurs across India. The firm operates roughly 1,000 branches across 18 states and serves about 2.3 million women entrepreneurs. It reported an AUM of Rs 7,300 crore and low non-performing loans of 0.16%. In FY22 its AUM grew 25% and profit surged six-fold; in the first two quarters of the current financial year AUM grew by 20% (amount undisclosed). The company intends to use new capital to maintain growth momentum, expand operations and extend services to rural households. Chairman Thomas John Muthoot said the additional equity will raise the company's capital adequacy to 28%, supporting immediate growth needs.

Led · Series D · Jul 2019

Near’s flagship product, Allspark, is a cloud-based, interactive AI platform that fuses data from mobile phones, carriers, app partners, retailers, Wi-Fi operators and customers to create 1.6 billion anonymized user profiles every month. Using patented machine-learning algorithms, the company unifies disparate data points into individual, privacy-protected identities that marketers can query in natural language or via drag-and-drop maps to analyze and activate audiences. The platform reportedly captures about 45 % of live audiences in dense markets like the San Francisco Bay Area and supports globally dispersed campaigns in 44 countries. Near counts News Corp, MetLife, Mastercard and WeWork among its enterprise customers and claims 100 % year-over-year revenue growth. Features such as cookie-data uploads are selectively enabled to ensure compliance with varying regional regulations, underscoring its “privacy by design” ethos. The fresh capital is expected to deepen integrations with external marketing tools, preventing the product from becoming siloed. Including the new Series D round, Near has raised $134 million in total from investors such as Sequoia, JP Morgan, Cisco and Telstra.

Led · Equity · Jul 2019

Enzen Global Solutions Pvt. Ltd is a Bengaluru-headquartered consultancy that provides advisory services, engineering solutions, management, digital and innovation services to the global energy and utilities sector. Its four main divisions are business operations, business transformation, digital enterprise and energy and water networks. The company reports a presence in 26 countries with offices in locations including the United Kingdom, the United Arab Emirates, the United States, Spain, Australia and Turkey. Enzen says its solutions have reached over 84 million people and have reduced inefficiencies worth around $850 million. Chairman Satheesh Kumar said the new funding will help the company expand its services and geographical presence. The $100 million investment from Greater Pacific is positioned to support Enzen's international growth and service expansion.