Led · Equity · Jul 2024

BluPine Energy develops and operates renewable energy projects, focusing on utility-scale wind and solar assets. The company was established in India in 2021 by Actis and pursues partnerships with corporates as power consumers. Its current project pipeline includes a 75 MWp solar plant in Chhattisgarh being built in partnership with APL Apollo Building Products. BluPine recently secured INR 239 crore in debt financing for that project, aligning its financing strategy with ESG and net-zero goals. The solar plant is expected to generate roughly 117 million units annually and offset more than 107,000 tons of CO2 each year. BluPine has an existing relationship with Tata entities, including a prior successful wind energy project.

Led · Equity · May 2024

Orbicular Pharmaceutical is a specialty pharmaceutical company that develops complex generics and drug-device combination products. Its product capabilities include injectable formulations; injector device-based peptides; drug-device combination products; ophthalmic suspensions; nasal and inhalation delivery systems; and complex iron colloidal systems. Founded in 2010 and based in Hyderabad, the company targets regulated markets under the leadership of Dr. M.S. Mohan. Orbicular plans to use the recent capital infusion to expedite development of its product pipeline and accelerate R&D efforts. The company also aims to expand its portfolio and strengthen global partnerships, according to CEO Dr. Hiren Patel. Financially, Tata Capital Healthcare Fund has invested approximately $20 million for an undisclosed equity stake to support those initiatives.

Participated · Debt Financing · Apr 2024

Founded in 2012 by Mainak Chakraborty and Sreekrishna Sankar, GPS Renewables develops, produces, and distributes biofuels and bioenergy infrastructure. The company says it has delivered over 30 projects that are operational or nearing completion and has visibility into more than 200 compressed biogas (CBG) projects being developed with oil marketing companies. GPS Renewables recently secured an EPC contract from NTPC to build India’s first ethanol-to-jet sustainable aviation fuel plant, indicating expansion into higher-value biofuel projects. It has an asset-holding platform called GPSR Arya that has attracted equity investments from a major South Korean conglomerate and prior funding from Sojitz Corporation. The company employs over 800 people and reports annual revenue of around Rs 1,000 crore. Current and recent financings include a $20 million Series B in 2022, $50 million of debt in 2024, and the Rs 635 crore Series C in 2025.

Led · Series A · Jan 2024

FinAGG provides supply-chain finance through its proprietary platform, Quick Cash Flow, delivering closed-loop credit solutions to distributors, retailers and small and micro enterprises. The company focuses on enabling credit flows within distribution and retail channels. Its platform is described as proprietary in the reporting. FinAGG recently completed a sizable funding round and additional debt financing. The company raised equity in an A round and also secured non-convertible debenture funding. Reported investors include global impact investment manager BlueOrchard, Tata Capital, SIDBI and existing backer Prime Venture Partners, as well as Gray Matter Capital via NCDs.

Participated · Equity · Jul 2023

Founded in 2016, Auxilo operates as an edu-fintech non-banking financial company that offers education loans for higher studies both in India and abroad, as well as financing for institutions seeking infrastructure modernisation. Its student loans cover a wide range of costs, including tuition fees, classroom expenses, pre-visa approvals and airfares. The company has attracted more than $200 million in combined equity and debt from backers such as Tata Capital, Balrampur Chini Mills and ICICI Bank. For the fiscal year ended March 2025, operating revenue climbed nearly 50 % to Rs 528 crore, while profit jumped 62 % to Rs 112 crore. Investor interest remains solid for education-loan providers even as the broader edtech sector cools, positioning Auxilo well for continued growth.