Oister Global, based in Gurugram and an investor in Blume Ventures, has announced its intention to invest ₹4,500 crore in private equity and venture capital funds over the next two years. According to Rohit Bhayana, co-CEO & co-founder of Oister Global, the firm aims to deploy approximately ₹1,000 crore by the end of this year and an additional ₹3,500 crore in the following year.
The investment will cover a broad spectrum, including both equity and debt components, encompassing venture capital, growth equity, private equity, venture debt, and SME debt. Bhayana highlighted that around 70% of the ₹1,000 crore investment planned for this year will be in equity, with the remaining 30% allocated to debt.
Oister Global’s investment strategy focuses on the Indian growth and innovation narrative, which David Wilton, Chief Investment Officer, emphasized as having deep-rooted prospects for the coming decade. Despite external factors, the core investment principles remain consistent, with a keen eye on identifying fund managers capable of generating strong returns across various stages of venture capital and private equity investments.
Regarding the Indian market, Bhayana noted that despite appearing expensive, it offers solid fundamentals, clear policy direction, and significant growth potential compared to other global markets. He emphasized India’s leading role in democratizing venture capital and private equity, partly due to its historical retail funding base and regulator’s emphasis on transparency and safety for retail investors.
Wilton highlighted the evolving investment landscape, suggesting that strategies solely focused on chasing unicorns may not be sustainable. Instead, the focus is on identifying investment opportunities that can generate robust returns without relying solely on unicorn investments.
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