Avendus, a domestic financial services company, has opened the $350 million (INR 3,000 Cr) Future Leaders Fund (FLF) III, a late-stage fund.
The firm will invest in companies with disaggregated institutional investor shareholding through both primary and secondary transactions under the new fund.
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Companies that stand out for having deep strategic competitive moats and execution capabilities across market cycles, strong operating metrics, and dominant market positions will be included in the corpus, according to Avendus.
Avendus Future Leaders Fund invests in late-stage entrepreneurs and collaborates with other private equity (PE) firms. Investors in the FLF platform include domestic institutions, HNIs, and family offices in the US and India.
Ritesh Chandra, managing partner, said: “We continue to back differentiated, high-quality businesses with sustainable competitive moats and a clear roadmap to liquidity. The FLF platform aims to deliver consistent, predictable, and repeatable outcomes with reduced portfolio volatility. Our commitment to an investor-first approach ensures a strong focus on liquidity with periodic distributions, a relatively shorter investment holding period, and best-in-class governance standards”.
Avendus partners with the Indian entrepreneur ecosystem to provide differentiated solutions that enable clients to meet their strategic aspirations.
About Avendus
Founded in 1999 by Ranu Vohra, Avendus is a leading financial services firm, which along with its associates, provides customized solutions in the areas of financial advisory, equity capital markets, wealth management and alternative asset management.
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