Sunrise Sectors
Driving India's Growth
Strategic investments in high-growth sectors aligned with India’s structural transformation and policy tailwinds
Investment Themes & Sectors
Our sector focus is driven by India’s structural growth drivers, policy support, and global supply chain realignment opportunities
Manufacturing Renaissance
PLI-driven domestic manufacturing, import substitution, and Make in India initiatives
- Specialty Chemicals
- Precision Engineering
- Defence & Aerospace
Energy Transition
Renewable energy, EV ecosystem, and sustainable infrastructure development
- Solar & Wind Energy
- EV Supply Chain
- Battery Technology
Digital Infrastructure
Data centers, cloud services, and technology enablement for digital India
- Data Infrastructure
- Geospatial Tech
- Enterprise SaaS
Target Sector Distribution
Strategic allocation across high-conviction sectors with diversified exposure and risk-adjusted returns
Specialty chemicals, precision manufacturing, and industrial components
Defence electronics, aerospace components, and strategic manufacturing
Solar/wind energy, EV components, and battery technology ecosystem
Data centers, cloud services, geospatial tech, and enterprise solutions
Differentiated consumer brands and opportunistic investments
Priority Investment Sectors
Detailed overview of our core sector focus areas with market dynamics, investment rationale, and target profiles
Specialty Chemicals
High-value chemical intermediates serving pharmaceutical, agrochemical, and industrial applications with strong China+1 tailwinds
$50B+ global supply chain realignment from China to India
PLI schemes and import duty protection driving domestic manufacturing
Agrochemical demand, pharmaceutical APIs, and specialty polymers
Target Company Profile
Investment Thesis
China+1 Opportunity
Margin Expansion
IPO Readiness
Investment Thesis
Defence Modernization
$130B+ defence capex over next 5 years with 75% indigenization target creating massive opportunity for domestic suppliers
Offset Obligations
Foreign OEMs mandated to source from Indian suppliers, creating long-term revenue visibility and technology transfer opportunities
Export Potential
Indian defence exports targeting $5B by 2025, with components and sub-assemblies leading growth trajectory
Defence & Aerospace
Critical components, sub-assemblies, and technology solutions for India’s defence modernization and aerospace ecosystem
$25B+ addressable market for components and sub-systems
Atmanirbhar Bharat, Make in India, and 75% indigenization targets
Border tensions, modernization programs, and export opportunities
Target Company Profile
Certifications
Renewable Energy & EV
Solar, wind, energy storage, and EV supply chain components powering India’s energy transition and net- zero commitments
500 GW renewable energy target by 2030, $150B+ investment
Atmanirbhar Bharat, Make in India, and 75% indigenization targets
Net-zero targets, energy security, and EV adoption acceleration
Target Company Profile
Investment Thesis
Energy Transition Mandate
India’s net-zero by 2070 commitment requiring massive renewable capacity addition and grid infrastructure upgrades
EV Ecosystem Growth
30% EV penetration target by 2030 driving demand for batteries, charging infrastructure, and component suppliers
Technology Localization
Import duty protection and PLI schemes incentivizing domestic manufacturing of solar modules and battery cells
Market Performance & Outlook
Historical performance and future growth projections across our priority investment sectors
Sector Growth Trajectory (CAGR %)
Manufacturing PMI
Defence Budget
₹6.2L Cr
Renewable Capacity
EV Sales Growth
Investment Process & Methodology
Deal Origination
- Specialty Chemicals
- Industry networks
- Proactive outreach
Eligibility Screening
Financial metrics validation and preliminary assessment
- 3+ years profitability
- Revenue threshold
- Sector alignment
Founder Assessment
Management quality and governance evaluation
- Leadership quality
- Vision alignment
- Governance practices
Due Diligence
Comprehensive multi- dimensional assessment
- Financial DD
- Legal & regulatory
- Operational review
IC Approval
Investment Committee evaluation and execution
- Final presentation
- Term sheet
- Deal closure
Our Investment Framework
Investment Screening Funnel
Quantitative Criteria
EBITDA Margin
PAT Margin
Revenue Growth
ROCE
Entry Valuation
Target IRR
Debt/EBITDA
Working Capital Days
Interest Coverage
- Proven entrepreneurial track record
- Clear vision for growth and scale
- Willingness to institutionalize
- Strong execution capabilities
- Differentiated product/service offering
- Sustainable competitive advantages
- Strong customer relationships
- Barriers to entry and moats
- Clear 12-24 month IPO timeline
- BRLM engagement or readiness
- Regulatory compliance framework
- Public market investor appeal
- Clean legal and tax track record
- Transparent ownership structure
- Audit-grade financial systems
- Institutional governance readiness
From Investment to IPO
Typical 12-24 month transformation journey from investment to public market listing
Deal closure, board formation, and initial assessment
- Investment execution and capital infusion
- Board reconstitution with independent directors
- Comprehensive 100-day assessment
- Value creation roadmap development
- C-suite talent acquisition (CFO, COO)
- ERP implementation and financial controls
- Policy documentation and compliance setup
- Operational efficiency improvements
- BRLM selection and mandate signing
- DRHP preparation and filing
- Regulatory compliance and audits
- Investor relations setup
Roadshows and investor engagement
- SEBI approval and RHP filing
- Institutional investor roadshows
- Anchor investor engagement
- Pricing and book building
- IPO subscription and allotment
- Stock exchange listing
- Liquidity realization for investors
- Ongoing public company support
12-24M
IPO Timeline
25%+
Target IRR
₹100-500Cr
Target EV Range