CONVERGENT FINANCE, LLP
CONVERGENT FINANCE, LLP is a Series C+ and buyout fund in India investing in Consumer, Fintech, food-and-agriculture, travel-and-hospitality, chemicals, pharmaceuticals and b2b-goods-and-services.
- Stages
- Series C+, buyout
- Sectors
- Consumer, Fintech, food-and-agriculture, travel-and-hospitality, chemicals, pharmaceuticals, b2b-goods-and-services
- Invests in
- India
- Actively investing
- Yes
- Founded
- 2018
- Assets under management
- $500M
- Website
- convergentfinance.com
Check size not disclosed
Thesis
Convergent Finance, LLP is a Mumbai-based private equity firm established in 2018, specializing in growth investing and mid-market buyouts of established, cash-generating businesses with strong moats and experienced management teams. The firm's strategy involves identifying high-quality businesses at critical inflection points, aiming for long-term growth through strategic partnerships and a hands-on, operationally intensive approach. They are open to both listed and unlisted companies, with a primary geographic focus on India and potential expansion into adjacent markets. Their sector interests include consumer, food and agriculture, travel and hospitality, chemicals, pharmaceuticals, B2B goods and services, and financial services. Convergent Finance prefers buyouts and minority investments, aiming for swift execution, performance improvement, and collaborative value creation with management teams. While specific AUM is undisclosed, they reportedly sought $500 million for their maiden fund in 2020.
Common questions
Does CONVERGENT FINANCE, LLP invest at the Series C+ stage?
Yes. CONVERGENT FINANCE, LLP lists Series C+ and buyout among the stages it invests in.
Where does CONVERGENT FINANCE, LLP invest?
CONVERGENT FINANCE, LLP invests in India.