1 month ago
Cactus Partners targets Rs 1,600 crore Fund II
Cactus Partners is a venture capital firm that plans to invest in 13-15 companies through its Fund II, which aims to raise Rs 1,600 crore.
The firm has already invested Rs 630 crore in 13 companies through its Fund I. Cactus focuses on high-quality businesses in sectors like advanced manufacturing, enterprise technology, and consumer technology.
The firm is cautious about investing in overvalued sectors and prefers businesses with strong unit economics and growth potential.
Cactus has seen significant growth in its portfolio companies and is exploring new opportunities in cybersecurity and quantum technologies.
Cactus Partners plans to invest in 13-15 companies through its Fund II, targeting a corpus of Rs 1,600 crore.
The firm has deployed Rs 630 crore across 13 companies through its Fund I.
Cactus focuses on advanced manufacturing, enterprise technology, and consumer technology sectors.
The firm avoids overvalued sectors and prefers businesses with strong unit economics and growth potential.
Cactus's portfolio companies have shown an average annual growth of 66% in FY26, expected to accelerate to 75% this financial year.
- Who
- Cactus Partners, a venture capital firm
- What
- Plans to invest in 13-15 companies through its Fund II, targeting a corpus of Rs 1,600 crore
- Where
- India
- When
- Current and future investments
- Why
- To identify high-quality businesses and make investments at the right valuation
Investment Strategy
Caution in Valuation
Investment Focus
Investment Strategy
Cactus Partners aims to invest in high-quality businesses in advanced manufacturing, enterprise technology, and consumer technology sectors.
Caution in Valuation
The firm avoids sectors with overvalued businesses, such as edtech, and remains cautious about AI, spacetech, and quick commerce due to high valuations.
Key facts
- Fund II Target
- Rs 1,600 crore
- Number of Investments
- 13-15 companies
- Initial Cheque Size
- ₹60-100 crore
- Fund I Deployment
- Rs 630 crore across 13 companies
- Focus Sectors
- Advanced manufacturing, enterprise technology, consumer technology
- Portfolio Growth
- Average annual growth of 66% in FY26, expected to accelerate to 75% this financial year
Quotes
Amit Sharma
General partner, Cactus Partners
“"Our caution comes down to one simple test. We ask whether the business would still be attractive if capital became scarce tomorrow."”
financialexpress.com
“"Our strategy is to identify high-quality businesses and make investments in those businesses at the right valuation."”
financialexpress.com
Sources
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