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Amicus Capital Marks Close Of Second Fund At $214 Mn

  • Amicus Capital Partners has closed its second fund at $214 Mn, surpassing its initial target of $200 Mn.
  • The fund, Amicus Capital Partners India Fund II, was launched in March 2023 to support small and medium-sized private companies.
  • This fundraise success is attributed to the trust investors have in Amicus, according to cofounder Mahesh Parasuraman.
  • Amicus Capital has invested in 14 companies, including Aequs, mCaffeine, MoEngage, and Wonderchef, with assets under management of $302 Mn.
  • National Investment and Infrastructure Fund Limited (NIIF) has contributed INR 207 Cr to Fund II.
  • The Indian tech startup funding landscape has seen 23 funds launched in Q1 2025 worth over $3.2 Bn.
  • Other recent fundings include Multiples' $430 Mn fund, Physis Capital's INR 200 Cr fund, and Campus Fund's $100 Mn fund for student-led startups.

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