Archive · 5 Nov 2025
ChrysCapital Closes Record $2.2 Billion Fund X Amidst Global Fundraising Challenges
A big investment company in India called ChrysCapital just closed its newest fund, called Fund X. This fund is a record-breaker, collecting $2.2 billion!
That's a lot more money than their last fund.
Usually, it takes a very long time for these funds to gather money from investors, especially globally.
But ChrysCapital was able to collect all its money in just six months.
They think this is because their team is very stable, they have a great history of making good investments, and their strategy hasn't changed over many years.
For the first time, they also got money from investors in India, like banks and wealthy families.
They believe that soon, Indian investors will provide even more money for these kinds of investments.
ChrysCapital helps grow companies by investing in them and aims to make good returns for the people who give them money.
ChrysCapital has closed its Fund X at a record $2.2 billion, a 60% increase from its $1.35 billion Fund IX.
The firm completed its fundraising within six months, despite a challenging global environment where fundraising cycles have lengthened.
ChrysCapital attributes its success to team stability, a strong track record of over 100 investments and successful exits, and a consistent investment strategy.
For the first time, ChrysCapital raised domestic capital from banks, large family offices, and institutions, anticipating this will grow in future.
The firm aims for a 16-18% net return in USD for its investors and focuses on market leadership, profitability, and IPO visibility when evaluating new-age companies.
- Who
- ChrysCapital, a homegrown private equity firm, and its Managing Director Saurabh Chatterjee
- What
- Closed its latest Fund X at a record $2.2 billion, significantly larger than its previous fund, and included domestic capital for the first time.
- When
- The final close was achieved within six months of its first close, shortly after closing Fund IX in 2022.
- Where
- India
- Why
- To capitalize on wealth creation within Indian family offices and increasing openness of domestic banks and insurance companies to invest in PE-VC funds, while also maintaining a consistent investment strategy and strong track record.
- Fund Name
- Fund X
- Fund Size
- $2.2 billion
- Previous Fund (Fund IX) Size
- $1.35 billion
- Fundraising Period
- Six months (final close)
- Target Net Return (USD)
- 16-18%
- Target Net Return (INR)
- 18-20%
- Typical Investment Size
- $75 million to $200 million