Amicus Capital Partners closes its second fund, Amicus Capital Partners India Fund II, at $214 million, surpassing its initial target of $200 million.
The fund focuses on high-growth, capital-efficient mid-market companies in India and has already invested in companies like Aequs, Equirus Capital, and Manipal Payments & Identity.
The fund received strong support from domestic and international investors, with 95% of the capital coming from institutional investors such as HDFC Fund of Funds and the National Investment and Infrastructure Fund.
Amicus Capital plans to deploy 50% of the fund by the end of 2025 and continues to focus on profitable companies in sectors like consumer, financial services, healthcare, and technology.