Phi Capital
Phi Capital is an India-focused private equity firm based in New Delhi, founded in 2008, that invests private capital in Indian companies under founder and managing partner Anupam Thareja.
- Company typePrivate
- Founded2008
- HeadquartersNew Delhi, India
- Headcount11–50
- GTM typeB2B
- OfferingServices
What Phi Capital does
Phi Capital is an India-focused private equity firm headquartered in New Delhi and founded in 2008, operating as a private, boutique investment manager with 11-50 employees. The firm is founder-led, with Anupam Thareja serving as Founder & Managing Partner, and is positioned to invest private capital into Indian companies on behalf of a base of limited partners. The economic model for a firm of this type is typically a mix of recurring management fees on committed or invested assets under management, performance fees (carried interest) on realized gains, and any co-investment economics, but no fund size, AUM, fee structure, or portfolio is disclosed in the source data. The firm's external web presence is currently a verification waiting page, which materially limits the ability to verify product offering, fund vintages, current strategy, or active portfolio; this should be flagged as a diligence gap for any prospective investor or counterparty.
Phi Capital firmographics
Firmographics- Name
- Phi Capital
- Website
- https://phicapital.in
- Company type
- Private
- Founded year
- 2008
- Headcount range
- 11–50 employees
- Short description
- Phi Capital is an India-focused private equity firm based in New Delhi, founded in 2008, that invests private capital in Indian companies under founder and managing partner Anupam Thareja.
- Ownership category
- akta.pro rank
Phi Capital industry classification
Industry- Product category
- Private Equity / Investment Management
- NAICS
- Portfolio Management and Investment Advice (523940), Other Financial Investment Activities (5239), Investment Banking and Securities Intermediation (523150)
- SIC
- Investment Advice (6282)
- akta.pro primary industry
- Industrials & Manufacturing Growth Equity (FSANACAF)
- akta.pro secondary industry
- Sector-Focused Venture Capital (Vertical Specialists) (FSANAAAD)
Keywords
Where Phi Capital is headquartered
LocationHeadquarters
- HQ city
- New Delhi
- HQ country
- India
- HQ region
- Asia
Markets served
Phi Capital business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations
Phi Capital product offering
Product offeringCore offering
Phi Capital is an India-focused private equity firm that invests in Indian companies. The firm is based in New Delhi, was founded in 2008, and operates with a small team. It does business as Phi Capital, with Anupam Thareja serving as founder and managing partner.
Differentiator
Problem solved
Functional benefit
Products and services
- India-focused Private Equity Investing Private equity investment services deployed into Indian growth-stage and mid-market companies in exchange for equity stakes, offered to founders, management teams, and boards of Indian businesses.
Companies that use Phi Capital
Customer profileIdeal customer profiles1 record
Phi Capital technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Phi Capital partnerships and signals
Strategic signalRecent moves1 record
Phi Capital competitors and assessment
Company assessmentDirect peers
- ICICI Venture: India-based PE firm with a long track record of growth and control investments across multiple sectors. Comparable to Phi Capital as a domestically headquartered Indian PE sponsor.
- ChrysCapital: One of India's largest independent homegrown PE firms, focused on growth and control investments across Indian industries. Comparable to Phi Capital as a domestic India-focused private equity sponsor competing for mid-to-large Indian deals.
- Multiples Alternate Asset Management: India-focused PE firm led by a founder-promoter model, investing in growth-stage Indian companies. Comparable to Phi Capital in size, founder-led structure, and India growth equity mandate.
- Everstone Capital: Singapore-headquartered but India-focused PE firm investing in consumer, financial services, and healthcare. Comparable to Phi Capital as an India-dedicated growth equity sponsor.
Emerging players
- Asha Impact: India-focused impact investment platform backing growth-stage companies. Comparable as a smaller, India-dedicated PE-style investor with a thematic focus.
Broad incumbents
- Carlyle India: Global PE firm with an active India platform investing across consumer, financial services, and industrials. Comparable as a competing capital pool for the same Indian growth equity opportunity set.
- KKR India: Global PE giant with a large India-dedicated platform pursuing control and growth investments. Comparable to Phi Capital as a competitor for the same Indian deal flow, though at materially larger scale.
- Blackstone India: Private equity arm of Blackstone operating one of the largest India-focused PE platforms. Comparable as a competing capital pool for Indian growth and control deals.
Market position
Strengths3 records
Weaknesses3 records
Competitive moat3 records
Key risks4 records
Key highlights4 records
Customer concentration
Phi Capital social profiles
Digital presencePhi Capital financial estimates
Financial estimateRevenue estimate
Valuation estimate
Phi Capital leadership team
Management profileNumber of profiles
Profiles1 record
Phi Capital funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Phi Capital M&A and investment
M&A and investmentM&A
Investments8 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Phi Capital
What does Phi Capital do?
Phi Capital is an India-focused private equity firm that invests in Indian companies. The firm is based in New Delhi, was founded in 2008, and operates with a small team. It does business as Phi Capital, with Anupam Thareja serving as founder and managing partner.
When was Phi Capital founded?
Phi Capital was founded in 2008. It employs 11 to 50 people.
Where is Phi Capital based?
Phi Capital is headquartered in New Delhi, India, in the Asia region.
Who are Phi Capital's main competitors?
Direct peers on record are ICICI Venture, ChrysCapital, Multiples Alternate Asset Management and Everstone Capital. Asha Impact is listed as an emerging player. Broad incumbents are Carlyle India, KKR India and Blackstone India.
Does Phi Capital have an API?
No public API is recorded for Phi Capital.
What industry is Phi Capital in?
Phi Capital's product category is Private Equity / Investment Management. Its primary akta.pro industry code is FSANACAF, Industrials & Manufacturing Growth Equity, with a secondary code of FSANAAAD, Sector-Focused Venture Capital (Vertical Specialists). Its NAICS code is 523940 and its SIC code is 6282.