Gaja Capital raises Rs 125 cr in pre-IPO round, on track to be first listed PE firm in India

Gaja Capital has raised Rs 125 crore in a pre-IPO round from long-term investors including SBI Life, HDFC Life, Enam, and Jagdish Master, valuing the firm at Rs 1,625 crore. It aims to become India’s first listed standalone private equity firm. The funds will help seed new funds, expand distribution, and explore new strategies, marking a milestone for alternative asset management in India.