16 Feb 2026 | 5 Mins Read
Motilal Oswal closes fifth private equity fund with ₹8,500 crore
Flipitmoney
Motilal Oswal Alternates closed its India Business Excellence Fund V at ₹8,500 crore, exceeding the initial ₹6,500 crore target, making it the firm's largest private equity fund. Fund V will invest in mid- to late-stage businesses across consumer, financial services, and technology, with a 51-investment portfolio that has achieved a 4x return on invested capital with over $1 billion in liquidity.