Secondaries for India's Private Ecosystem
Creative liquidity solutions for Indian PE/VC funds and companies
A Highly Selective Secondaries Fund
Ambit Arcadia offers secondaries solutions with a growth equity mindset to invest in leading Indian companies. We take a highly collaborative approach with funds and companies to create bespoke win-win liquidity solutions that leverage an efficient investment process.
About Ambit Arcadia
A partnership between Ambit, one of India's leading full-service investment banks, and Arcadia, led by Raj Dugar with over 25 years of India private equity leadership experience, Ambit Arcadia aims to invest in India's category-leading, scaled private companies via secondaries.
About UsOur Approach to Investing
Our fund strategy is to bring a growth investing playbook to the Indian secondaries market.
Underwrite Proven Business Models
of category-leading, scaled, growth businesses
Efficient Investment Process
that leverages local decision-making capabilities
Bespoke Solution Orientation
in close partnership with GPs and companies
Active Exit Engagement
in collaboration with all stakeholders for IPO/M&A readiness
Sector Focus
Technology, Consumer, Financial Services, Healthcare & Advanced Manufacturing
Our Edge
Our edge is embedded at each step of the investment lifecycle — from origination to realization.
Deal certainty
Our local and swift decision-making process enables us to give quick, dependable feedback on the transaction to stakeholders
Long and deep relationships with public and private markets
Our network helps companies through their next phase of growth and exit
Unbiased market feedback from Ambit's public market expertise
Inputs from Ambit's investment banking, institutional equities, and research, independent of incentive-driven third parties
Deep-rooted local context on founder intent and governance
Our unique vantage point comes from years of investing in the Indian private ecosystem
Expertise in early alignment with IPO/M&A requirements
We build consensus among stakeholders, creating visibility on exit paths and ensuring methodical and timely execution
The India Secondaries Opportunity
Rapid growth of VC and growth capital pre-2020
Longer holding periods as companies stay private longer
Limited exit routes with constrained M&A; higher bar for institutional-grade IPOs
Growing backlog of unrealized assets with a widening TVPI-DPI gap
Strict regulations around extensions preventing multiple fund life
Established startups want ESOP liquidity for long-tenured emplyoees