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Key people at Xponentia Capital.
Xponentia Capital was founded in 2018 by Devinjit Singh (Founder and Managing Partner).
Xponentia Capital Partners operates as a private equity firm, providing growth capital and strategic guidance to mid-market companies. The firm’s approach involves not only financial investment but also offering operational expertise to help portfolio companies institutionalize their businesses, positioning them for sustained expansion and long-term value creation within the Indian market. Its core capability lies in identifying promising enterprises and supporting their transition to scaled, professionally managed organizations.
The firm was founded in 2018 by Devinjit Singh and Perumal Ramamurthy, with Ajay Relan also serving as a founder-partner. Their foundational insight centered on addressing the significant gap in capital availability and the need for greater corporatization within India's burgeoning mid-market sector. The founders leveraged their extensive experience to build a firm focused on unlocking the growth potential of these underserved businesses.
Xponentia Capital serves growth-stage Indian mid-market companies seeking both capital infusion and strategic partnership to scale effectively. The firm's long-term vision is to be a pivotal partner in fostering robust, sustainable growth across its portfolio, contributing to the broader economic development by empowering businesses with the resources and guidance necessary for enduring success in a dynamic market environment.
Xponentia Capital has 5 tracked investments across 5 companies. The latest tracked deal is $22.0M Series B in Palmonas in February 2026.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Feb 24, 2026 | Palmonas | $22.0M Series B | Xponentia Capital | — |
| Nov 9, 2024 | Easy Home Finance | $35.0M Series B | Ranjan PAI, Rajeev Kannan | FinSight Ventures, Harbourfront Capital, Pegasus India |
| Apr 12, 2022 | R for Rabbit | $5.3M Series A | Xponentia Capital | — |
| Feb 11, 2022 | Altigreen Propulsion Labs | $79.8M Series A | Accurant International, Momentum Venture Capital, Nikhil Vora, Xponentia Capital | Reliance NEW Energy Limited |
| Jul 29, 2021 | My Easy Mortgage | $15.0M Series A | Xponentia Capital | — |
Key people at Xponentia Capital.
Xponentia Capital was founded in 2018 by Devinjit Singh (Founder and Managing Partner).