Profile
One Planet Partners is an India-focused private equity firm based in Mumbai, founded in 2024 by Mukund Rajan, Bobby Pauly, Mrinalini Mirchandani, and Sheetal Thakkar. The team brings a diverse and strong investment background with experience from Tata Capital, McKinsey & Co, and Blackstone. The firm is known for its strategic partnerships and active ownership approach, blending institutional rigour with entrepreneurial agility. With over 25 years of collaboration, their mission is to create enduring value by leveraging operational expertise and climate insights. The team of four founders is complemented by a wider group of investment professionals and advisors.
The firm targets mid-market companies poised to benefit from India's growth, focusing on energy, mobility, and manufacturing sectors. They specialize in growth capital investments ranging from Rs 100-500 crore, aiming to support businesses with strong unit economics. One Planet Partners seeks investments in companies with revenues between Rs 200-2,000 crore and operates primarily within India. They manage assets focusing on sustainability and industrial expansion, with a collaborative relationship with Japan's Sumitomo Mitsui Trust Bank.
Notable portfolio companies include Yulu Bikes Private Limited, an electric mobility company in Bengaluru. They participated in Yulu's $93-million Series C funding round, marking their first investment under the partnership with SMTB. The firm's focus on active ownership and operational guidance aims to accelerate growth and expand margins in its portfolio companies.
Industry
One Planet Partners Funds
| Name | Type |
|
|
|
Size | AUM | Launch date |
|---|---|---|---|---|---|---|---|
|
Maiden Private Equity Fund
|
Private Equity (PE)
Debt fund
|
Energy
Mobility
Manufacturing
|
Late Stage (Series C+)
|
Asia
|
$10-50 m
|
$360 M
|
October 2026
|
Contacts
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