Oister Global to invest ₹4,500 crore in PE/VC funds in next two years

livemint.com:

MUMBAI : Oister Global, which invests in PE and VC funds, is looking to deploy ₹4,500 crore in private market funds in the next two years, a top executive said. The Gurugram-based firm, which is also an investor in Blume Ventures, will deploy close to ₹1,000 crore by the end of this year, and ₹3,500 on top of that in the next year, said Rohit Bhayana, co-CEO & co-founder, Oister Global. “When we talk about these numbers, we're talking about both debt and equity.

But on the equity side, it is venture capital, growth equity, private equity. On the debt side, both startup debt, which we call venture debt, and SME debt, which we call private credit. So, fundamentally, if you kind of look at these numbers, we are looking at the basket of five asset categories." The company has been investing through its private equity fund Oister India Pinnacle Fund, and plans to launch a private credit fund in the next 3-4 months, according to Bhayana, who said the ₹1,000 crore investment this year will be around 70% in equity and 30% in debt.

Oister Global invests in private market funds, with a focus on venture capital, venture debt, private equity, and private credit. Talking about the investment strategy this year, David Wilton, chief investment officer at Oister Global, said that despite all the factors for intervention, the fundamentals of the strategy are the same. “Because it's all about the Indian growth story, the Indian innovation story.