One Planet Partners Launches Maiden PE Fund, Targets Over Rs 3,000 Crore for India’s Mid-Market Growth Story
One Planet Partners has launched its first private equity fund in partnership with Sumitomo Mitsui Trust Bank, setting an ambitious target of raising more than Rs 3,000 crore. The fund will back mid-market Indian companies across energy, mobility and manufacturing, with cheque sizes expected to range from Rs 100 crore to Rs 500 crore. The firm has already made its first investment in Yulu Bikes Private Limited, participating in the company’s $93 million Series C round, signalling an early bet on India’s electric mobility and shared transport ecosystem.
