MANDALA CAPITAL LIMITED
MANDALA CAPITAL LIMITED is a Series A, Series B, Series C+ and buyout fund in South Asia, Southeast Asia, India, Singapore, Malaysia, Vietnam, Indonesia, Philippines and Thailand investing in Climate, food-and-agriculture and agri-food.
- Stages
- Series A, Series B, Series C+, buyout
- Sectors
- Climate, food-and-agriculture, agri-food
- Invests in
- South Asia, Southeast Asia, India, Singapore, Malaysia, Vietnam, Indonesia, Philippines, Thailand
- Round role
- Leads rounds
- Actively investing
- Yes
- Founded
- 2008
- Assets under management
- <$150M
Check size not disclosed
Thesis
Mandala Capital is a private equity firm established in 2008, specializing in impact-driven investments within the food and agriculture value chain across South and Southeast Asia, with a primary focus on India. Operating with a 'financial-first impact investor' approach, the firm aims to foster sustainable and climate-friendly agricultural practices while enhancing access to affordable, healthy, and nutritious food. Their investment thesis centers on identifying and scaling companies with sustainable competitive advantages, employing a control and operationally oriented strategy to develop intrinsically positive cash flow businesses. Mandala Capital prioritizes investments that contribute to climate adaptation, food security, and strengthening smallholder-linked supply chains through technology, processing, and logistics. The firm invests in private equity rounds and post-IPO rounds, seeking controlling stakes in established, scalable agri-food SMEs. Mandala Capital is currently raising its third fund, the Mandala Capital SSEA Food Programme (Fund III), targeting $250 million, which will utilize a blended-finance structure supported by the Green Climate Fund. The firm has less than $150 million in AUM across four private funds.
Common questions
Does MANDALA CAPITAL LIMITED invest at the Series A stage?
Yes. MANDALA CAPITAL LIMITED lists Series A, Series B, Series C+ and buyout among the stages it invests in.
Where does MANDALA CAPITAL LIMITED invest?
MANDALA CAPITAL LIMITED invests in South Asia, Southeast Asia, India, Singapore, Malaysia, Vietnam, Indonesia, Philippines and Thailand.