Stakeboat Capital is gearing up to raise its second fund of Rs 1,000 Cr and is looking to invest in domestic and global high-net worth individuals, family offices and institutional investors this time. The move comes 4 years after it launched its first fund to back small and medium enterprises in their growth stages.
The investor is focusing on categories such as healthcare and life science, business to business (B2B) software and manufacturing. It is eyeing investments of between Rs 30 crore and Rs 50 crore to acquire 51-70% stake in SMEs, with a holding period of 3-5 years.
Stakeboat has till date invested in only four entities —dental labs firm Leixir Resource, software product company LeadSquared, non-bank Dvara, and semiconductor manufacturer Sankalp Semiconductor