Growth mid-market fund research profile
Paragon Partners is an India-focused mid-market private-equity manager investing behind growth businesses and working with founders and management teams on operational improvement. Its disclosed sectors include infrastructure services, manufacturing, financial services, consumer and logistics.
At a glance
Research profile
Open a section to inspect the evidence. The first view starts with the investment point of view; the rest stays quiet until you need it.
Investment lens
Paragon Partners uses a growth mid-market approach across Consumer, industrials, fin services.
Current evidence
Paragon’s current disclosures list four registered AIFs, including Paragon Partners Growth Fund II and a new Paragon Partners Trust registered in 2025–26. Its live portfolio pages identify Fund II positions such as GoBOLT and TenderCuts and Fund I positions including Capacite, Maini Precision, InCred Finance, Chai Point, Cravatex, SMECorner, Niva Bupa and Everest Fleet; Siddharth Parekh is a named Co-Founder and Senior Partner.
Strategy
Growth mid-market
Sector focus
Consumer, industrials, fin services
AIF structure context
Indian private equity, growth, buyout and many real-asset strategies are commonly structured as Category II AIFs. Verify the specific vehicle and registration before investing.
Current signal
Paragon’s current disclosures list four registered AIFs, including Paragon Partners Growth Fund II and a new Paragon Partners Trust registered in 2025–26. Its live portfolio pages identify Fund II positions such as GoBOLT and TenderCuts and Fund I positions including Capacite, Maini Precision, InCred Finance, Chai Point, Cravatex, SMECorner, Niva Bupa and Everest Fleet; Siddharth Parekh is a named Co-Founder and Senior Partner.
Investor questions
Paragon Partners is covered in Rupeia's private equity research universe. The current public record describes the strategy as Growth mid-market, with a sector focus of Consumer, industrials, fin services. The profile should be read with the linked source trail and Typical route: Category II AIF context.
The profile displays only company or asset names attributable to Paragon Partners in the reviewed public sources: GoBOLT, TenderCuts, Capacite Infraprojects, Maini Precision Products, InCred Finance, Chai Point, InCred Capital, Cravatex Brands, SMECorner, Niva Bupa, Everest Fleet, Manna Foods. It does not represent a complete current portfolio unless the manager has published one.
The manager's portfolio page identifies Fund I and Fund II positions across active, partly exited and exited categories. Public sources reviewed do not disclose a consolidated fund-level IRR or DPI. These signals are not a substitute for fund- and vintage-specific net performance, realised distributions and audited or administrator-supported reporting.
Public fund size: The public record reviewed identifies two growth funds but does not clearly disclose current corpus sizes.. Public terms or access information: Mid-market growth investments with disciplined capital allocation and operational value creation; cheque sizes and reserve policy are not consistently public.. Current fees, minimum commitment and availability must be confirmed for the exact named vehicle in its fund documents.
The current source record names Siddharth Parekh. Verify current roles, departures, attribution and key-person provisions before relying on the team history for a new commitment.
Review entry valuation, leverage, governance rights, concentration, execution of the value-creation plan and exit timing. The current open diligence point is: Current corpus sizes and fund-level net returns are not publicly disclosed; portfolio status is retained only where the manager’s current fund-specific pages identify the company..
2026-01-31: Paragon’s current disclosures list four registered AIFs, including Paragon Partners Growth Fund II and a new Paragon Partners Trust registered in 2025–26. Its live portfolio pages identify Fund II positions such as GoBOLT and TenderCuts and Fund I positions including Capacite, Maini Precision, InCred Finance, Chai Point, Cravatex, SMECorner, Niva Bupa and Everest Fleet; Siddharth Parekh is a named Co-Founder and Senior Partner.
Next step
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