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One Planet Partners launches maiden PE fund, targets Rs 3,000 crore

One Planet Partners has launched a private equity fund in partnership with Sumitomo Mitsui Trust Bank. The firm plans to raise over 3,000 crore and target mid-market companies in India. One Planet will focus on sectors such as energy, mobility, and manufacturing, offering growth capital of 100 crore to 500 crore. Yulu Bikes Private Limited is the firm's first investment, participating in their $93 million Series C funding round.

29 Oct 2026 1:05 pm