Paragon Partners misses target for second PE fund by a mile as outlook worsens

By Debjyoti Roy

  • 11 Apr 2023
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(L to R) Siddharth Parekh and Sumeet Nindrajog, co-founders and senior partners, Paragon Partners | Credit: Source: Company website

Indian mid-market private equity firm Paragon Partners has missed the fundraising target for its second investment vehicle by a wide margin, weighed down by an increasingly difficult fundraising environment.  The PE firm, which counts consumer-facing brands Chai Point and mCaffeine in its portfolio, has hit the final close of the second ......

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