Oister Global Launches ₹440-Cr Fund to Drive Emerging Technology Innovations

Oister Global has introduced a new ₹440-crore fund to support emerging technology-led innovations and various sunrise sectors across India. This latest fund, which includes a ₹190-crore greenshoe option, focuses on investing in fund houses across early (pre-Series A, Series A), growth (Series B, C), and late-stage (Series D onwards) venture capital and private equity funds.

Oister Global, founded by Rohit Bhayana and Sandeep Sinha, has a track record of backing top-tier fund managers with consistent performance. The company has previously invested in prominent funds like Blume Ventures and Stride Ventures.

"Oister Global’s new fund is strategically designed to capitalise on India’s consumption-driven growth," said Rohit Bhayana, Co-CEO and Co-Founder. He explained that the Oister India Pinnacle Fund offers a versatile mix of venture capital, growth equity, and private equity, allowing Oister to capture value across various stages of a company’s lifecycle. This approach facilitates strategic diversification, enabling Oister to identify and invest in opportunities across India’s dynamic start-up ecosystem.

As India’s economy diversifies and per capita incomes rise, new investment prospects emerge in the growing consumption sector. With disposable incomes projected to grow by 8% in FY24, and a booming middle class driving the nation’s consumption landscape, the market is ripe for innovative brands and technology-led solutions. The upward trajectory of deep tech and climate tech creates additional opportunities for AIFs (Alternative Investment Funds) to invest in emerging industries that align with changing consumer preferences.

Looking ahead, Oister Global intends to deepen its involvement in India's alternative investment landscape with the Oister India Pinnacle Fund. Over the next two years, Oister aims to invest ₹4,500 crore in the country’s venture capital and private equity ecosystem, and the company also plans to launch a private credit fund in the next quarter. With this significant capital injection and strategic focus, Oister Global seeks to play a key role in driving innovation and growth across India's technology and sunrise sectors.

HBL