Participated · Equity · Nov 2025

Ace International converts raw milk into infant- and adult-nutrition inputs, whey proteins, milk powder, ghee, butter fat, ready-to-mix products, and other protein formulations for domestic and export markets. Its existing Uttar Pradesh plant processes roughly 500,000 litres of milk per day and supplies customers in India, Bangladesh, and the Philippines. The firm is building a second, larger facility in Kuppam, Andhra Pradesh, that will introduce new dairy-nutrition processing technology to the Asian market and is expected to engage over 40,000 farmers—many of them women—through sourcing partnerships. This expansion aims to bolster rural livelihoods while enabling the production of specialised nutrition ingredients for global food and nutrition companies. Ace International intends to widen its export footprint to Southeast Asia, the Middle East, Africa, and the United States. The company serves both B2B and B2C channels, positioning itself as a vertically integrated player in the dairy value chain. Funding from its latest round will also be deployed to reinforce its supply-chain infrastructure, supporting continued scale-up and market diversification.

Led · Series B · Jun 2024

Arthan Finance is a non-banking financial company focused on delivering tech-enabled and affordable credit to micro, small and nano enterprises, particularly in Tier II–IV cities. The firm deploys AI and ML-based underwriting systems to speed risk discovery and loan disbursement. According to the article, it has disbursed over INR 500 crore to more than 20,000 borrowers and identifies an addressable market of roughly 11 million nano enterprises. The company says it will use recent funding to bolster AUM, broaden its geographical footprint (noting presence in Telangana, Maharashtra, Odisha and Andhra Pradesh) and enhance its technological capabilities. The article lists total capital raised as $8.39M and cites cumulative fundraising of over INR 83 crore to date. It also identifies the business as based in Mumbai and founded in 2018.

Led · Equity · May 2024

SAVE Group provides financial services in rural areas. According to DealStreetAsia's India Digest, the company has raised $13 million in financing. The capital was provided by international asset management firms Incofin and Maj Invest. The article provides limited deal details beyond the amount and the named investors. No other investors or additional financial terms were disclosed in the coverage. The report appeared alongside a separate item about Collective Artists Network securing funding.

Led · Equity · May 2024

SaGgraha Management Services operates as a wholly owned subsidiary of the SAVE group, specialising in providing microfinance loans via the Business Correspondent (BC) model. The company focuses on serving rural and underserved segments with financial services. The recent capital infusion is intended to strengthen its ability to expand its loan book and scale lending operations. Management expects to leverage investor expertise to improve service quality and value creation. The article notes a broader group-level financing activity earlier in the year, signaling increased external backing for SAVE’s businesses. No operating metrics (revenue or user counts) were provided in the articles.

Led · Equity · May 2024

SAVE Group offers financial services in rural India through its subsidiaries and a banking business correspondent network that serves over 25 million customers. Founded in 2009 by Ajeet Kumar Singh, Pankaj Kumar and Ajay Kumar Sinha, the group operates a network of branches across multiple states. As of March 2024 the group reported assets under management (AUM) of around Rs 1,962 crore with 522 branches in 17 states. Its SaGgraha subsidiary reported an AUM of Rs 464 crore with 237 branches across seven states. SAVE plans to use new funds to expand microfinance loans, secured MSME loans and affordable housing loans through its wholly owned subsidiaries and grow its loan book. Management is targeting a group AUM of Rs 18,000 crore and SaGgraha AUM of about Rs 5,000 crore in the next five years.