Mirae Asset Mutual Fund
No. 606, 6th Floor, Windsor Bldg, Off CST Road, Kalina, Santacruz, Mumbai, Maharashtra, 400098, India
Overview
Mirae Asset Mutual Fund offers mutual fund, alternate investments, and advisory services.
- Total investments
- 3
- Lead investments
- 0
- Investments · 12mo
- 3
- Active investors
- 2
Sector focus
- Advice
- Asset Management
- Financial Services
Investment portfolio
- Shiprocket
Participated · Equity · Aug 2026
Shiprocket operates as a horizontal e-commerce enablement platform serving merchants and large retailers, with operations split into Core Business and Emerging Business segments. Its Core Business includes domestic shipping and shipping applications, while Emerging Businesses comprise cargo and fulfillment, cross-border shipping, advertising and marketing solutions, capital solutions, and hyperlocal deliveries. According to a Redseer Report cited by the company, Shiprocket was the largest new-age, end-to-end horizontal e-commerce enablement platform in India by revenue from operations for fiscal 2026. The company is pursuing growth through both organic expansion of its shipping and fulfillment offerings and by building out adjacent services such as advertising, capital solutions, and cross-border logistics. As part of its IPO, Shiprocket has signaled plans to invest in marketing and technology infrastructure, repay or prepay certain borrowings, and consider potential acquisitions using proceeds from the fresh issue. Current public disclosures around revenue, users, or founding year were not provided in the article.
- Wakefit
Participated · Equity · Dec 2025
Founded in 2016, Wakefit has built a full-stack model that spans product design, in-house manufacturing, distribution, and customer engagement. Its portfolio covers mattresses, furniture, and home furnishings sold via its website, company-owned–company-operated (COCO) stores, and major e-commerce and multi-brand outlets. Wakefit operates five manufacturing facilities across Karnataka, Tamil Nadu, and Haryana that use imported machinery and automation to streamline production and reduce waste. For the six months ended 30 September 2025, the company generated ₹724 crore in revenue from operations and ₹35.5 crore in profit. Management plans to deploy fresh capital to open 117 new COCO stores, purchase new equipment, fund lease payments for existing outlets, and bolster marketing. The firm is preparing for a ₹1,289 crore IPO that would value it at roughly ₹6,400 crore. Wakefit’s growth trajectory positions it among the fastest Indian home-and-furnishings brands to surpass ₹1,000 crore in total income within the organised segment.
- Canara HSBC Life
Participated · Equity · Oct 2025
Founded in 2007, Canara HSBC Life Insurance Company Ltd operates as a private, bank-promoted life insurer in India, offering term, savings, and other life insurance products primarily through the branch networks of its promoter banks. The company is a joint venture in which Canara Bank holds 51 %, HSBC Insurance (Asia-Pacific) Holdings owns 26 %, and Punjab National Bank is a minority shareholder. Over the years, the insurer has established itself as a significant player among private life insurance providers that leverage bancassurance distribution. To unlock shareholder liquidity, the firm is pursuing a public listing via a ₹2,516 crore initial public offering structured entirely as an offer for sale. Because the IPO is an OFS, the company itself will not receive primary capital; instead, proceeds will flow to the selling shareholders. Ahead of the IPO, the company allotted shares to anchor investors to bolster demand and provide pricing stability. Post-listing, Canara HSBC Life will gain enhanced public visibility and a broadened shareholder base, which management hopes will support future growth initiatives in India’s expanding life insurance market.