Panthera Growth Investment Trust — Panthera Growth Partners | wisefolio

Panthera Growth Investment Trust

Growth Partners for India's Digital Economy

IN/AIF2/21-22/0991Cat II

Private equity, private credit and real-estate funds that don't employ leverage except for operating needs. The largest AIF category.

Overview

About

Panthera Growth Investment Trust is a SEBI-registered Category II Alternative Investment Fund registered on 3 February 2022, managed by 3bg Advisors & Managers Private Limited, the Indian investment management entity of Panthera Growth Partners — a Singapore-headquartered growth equity firm founded in 2021 by Shilpa Kulkarni. Panthera Growth Partners is a growth investment firm partnering with digital and technology-driven companies across consumption, enabling infrastructure, SaaS, and analytics across India and Southeast Asia. The fund targets growth-stage companies that have achieved product-market fit and are seeking to accelerate market growth. Fund I (corpus USD 84 million) was followed by Fund II (target USD 250 million, announced June 2022). Portfolio companies across both funds include BigBasket (Tata), OfBusiness, MarketsandMarkets, Foxtale, Zivame, FreshMenu, Pepperfry, EMotorad, Innoviti, Flipspaces, and OnsiteGo. The Indian AIF vehicle (Panthera Growth Investment Trust) serves as the domestic fund structure, based at C/o WeWork, Express Tower, 2nd Floor, Ramnath Goenka Marg, Nariman Point, Mumbai 400021.

Investment Philosophy

Panthera Growth Partners is a growth equity investor focused on revenue-generating enterprises that have achieved product-market fit and are building scalable businesses. The firm believes that operating thought partners are as important as capital at the growth stage. With the team's experience of investing and operating companies in the startup ecosystem for over two decades, Panthera partners with entrepreneurs and management teams across India and Southeast Asia's digital economy — with a sector focus on consumption, tech infrastructure, SaaS, and analytics.

Team— 2

Shilpa Kulkarni

Founder & Managing Partner

Shilpa Kulkarni is the Founder and Managing Partner of Panthera Growth Partners and is also the founder of 3bg Advisors & Managers Private Limited (the Indian fund management entity). She launched Panthera in 2021 with Fund I at USD 84 million. She previously served as Managing Director at Zodius Capital and Director at Zivame, FreshMenu, and Culture Machine. Earlier she was at WNS Global Services as Senior Vice President handling strategic business development. She began her career as an Associate at JPMorgan Chase. She holds a B.E. in Electronics & Telecommunications from the University of Mumbai and an MBA from Duke University's Fuqua School of Business. She currently sits on the boards of Foxtale, Zivame, OnsiteGo, and FreshMenu.

Rikin Kapadia

Partner & SEBI Contact Person

Rikin Kapadia is a Partner at Panthera Growth Partners and is the SEBI-registered contact person for the Panthera Growth Investment Trust. He is based in Mumbai and was previously at Zivame, OfBusiness, MarketsandMarkets, and FreshMenu. He holds a Chartered Accountant qualification from ICAI and a BMS (Finance) from H.R. College of Commerce & Economics, Mumbai.

Registration

SEBI Registration

SEBI-registered

Reg. NumberIN/AIF2/21-22/0991

VintageFeb 2022 · 4 yrs old

Valid ToPerpetual

Contact PersonRikin Kapadia

AddressC/o We Works India Management Private Limited, Express Tower, 2nd Floor, Ramnath Goenka Marg, Nariman Point, Mumbai, Maharashtra, 400021

Insights

No insights published yet.

Disclaimer

Investments in AIFs carry market and credit risk including possible loss of capital. Past performance does not indicate future returns. Information shown is sourced from the issuer's PPM and SEBI filings — confirm against the latest PPM before committing. wisefolio is an information platform; it is not registered with SEBI as an investment adviser, portfolio manager, or distributor. By using this page you accept our terms and privacy policy, including the self-attestation that you are eligible to view AIF marketing material under SEBI rules.