PE firm Oister Global has launched its third secondaries vehicle, ACE Fund III, to back late stage startups. The funds 500 Cr corpus comprises a base target of 250 Cr and a 250 Cr greenshoe option. The new fund will invest in late-stage secondary opportunities across high-growth sectors, focusing on new-age tech companies with proven unit economics, institutional backing, and clear liquidity pathways such as IPOs or strategic transactions. Earlier, the firms ACE Fund II closed with 2X oversubscription, raising 400 Cr against its initial target of 200 Cr. Oister said it has completed five investments from the fund, of which two companies have already had their valuation marked up. The PE firm said it has seen half of its…
India Business and Economic Context
India’s economy continues to show strong growth momentum, consistently ranking among the fastest-growing major economies globally. With a young and growing working-age population, increasing digital penetration across rural and urban India, and an ambitious government infrastructure programme, the business landscape offers significant opportunities alongside competitive challenges.
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Key Points at a Glance
- Originally reported by leading Indian financial media
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Source & Further Reading
This news report was originally published by Inc42 on Wed, 20 May 2026.
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