New Frontier Capital Management (Hong Kong) Co., Limited and Tata Capital, the finance and PE investment arm of the Tata Group, hereby announce that the two companies jointly established Tata Capital Growth Fund II which investment theme is areas of growth in the India market.
The investment targets are Indian private companies with large growth potential, especially in the three areas relating to “Urbanization” combined with favorable demographics, and “Discrete Manufacturing” and “Strategic Services” combined with the economic growth in India. India is also a global service hub for Strategic Services due to its large technically qualified corporations and workforce. The fund will capture those economic cycle of India. The fund is the successor fund of Tata Capital Growth Fund which was jointly established by the two companies in 2010.