# IIFL Capital Raises $52.6M PE Fund

> IIFL Capital closes $52.6M first round for maiden late-stage private equity fund targeting Indian IPOs.
- Title: IIFL Capital Raises $52.6M PE Fund · Dealroom | Shortify
- Summary: IIFL Capital closes $52.6M first round for maiden late-stage private equity fund targeting Indian IPOs. IIFL Capital raised $52.6 million at first close of…
- Keywords: iifl capital, late-stage pe fund, indian ipo, private equity, securities market, corporate finance, startups, business, IIFL, Capital, Raises, Fund
- Source: Dealroom — https://dealroom.co/news/163416-iifl-capital-hits-52-6m-first-close-on-maiden-late-stage-pe-fund
- Published: 2026-10-17T04:10:53+00:00
- Read time: 1 min
- Topics: iifl capital, late-stage pe fund, indian ipo, private equity, securities market, corporate finance, startups, business
## First Close
IIFL Capital Asset Management raised about US$67.9M (≈$52.6 million) at first close of maiden IIFL Late-Stage Private Equity Fund.
## Fund Strategy
Targets established profitable indian companies with post ebitda of at least us$10.2m, us$13.6m planning an ipo within three years.
## Progress and Timeline
Has committed to two companies and is evaluating seven to eight more, with final close targeted within nine months.
## Key takeaway

IIFL Capital raised $52.6 million at first close of its maiden late-stage private equity fund targeting Indian companies preparing for stock market listings.