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Key people at Oman India Joint Investment Fund.
Oman India Joint Investment Fund (OIJIF) operates as a private equity investment management firm, strategically focused on identifying and nurturing growth-stage businesses within the Indian mid-market sector. The firm specializes in providing growth capital, with a keen interest in diverse industries including consumer goods, banking and financial services, and pharmaceuticals. OIJIF's investment approach targets opportunities that demonstrate significant potential for expansion, aiming to generate robust returns through active participation in the development of its portfolio companies.
The fund was established in 2011 as a joint initiative between the State General Reserve Fund of Oman and the State Bank of India, reflecting a collaborative effort to strengthen economic ties and foster investment between the two nations. This partnership provided the foundational insight for OIJIF: to bridge capital needs with promising Indian enterprises, leveraging the sovereign wealth of Oman alongside India's premier financial institution to catalyze economic growth. The entity is headquartered in Mumbai, India, signifying its operational base within its primary investment geography.
OIJIF serves a broad spectrum of mid-market companies across India, providing essential capital to fuel their growth and innovation. The firm's long-term vision is centered on being a pivotal financial conduit, driving the development of key sectors within the Indian economy by supporting dynamic businesses. Through its strategic investments, OIJIF aims to contribute to sustainable economic progress, delivering value to its stakeholders while advancing the bilateral investment relationship between Oman and India.
Key people at Oman India Joint Investment Fund.
Oman India Joint Investment Fund has 3 tracked investments across 3 companies. The latest tracked deal is $38.0M Other Equity in Shopkirana in January 2024.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Jan 1, 2024 | Shopkirana | $38.0M Other Equity | — | Ajanta, Akatsuki, Gunosy Capital, Incubate Fund, Sixth Sense Ventures, Trifecta |
| Sep 9, 2021 | HomeLane | $50.0M Series E | Chetan Naik, Oman India Joint Investment Fund, Stride Ventures | Aarin Capital, Baring Private Equity Partners, BCCL, Evolvence, Growth Story, JSW Ventures, Nuventures, Pidilite, RB Investments, Sequoia Capital |
| Jun 7, 2018 | Annapurna Finance | $23.1M Other Equity | Oman India Joint Investment Fund | — |