In November 2007, Arcapita invested in AIGC I, which was a portfolio of growth capital, minority investments in mid-sized Indian companies. AIGC I focused on companies in the consumer, healthcare, business services, and specialized manufacturing industries. The portfolio comprised:

MedPlus Health Services
Established in September 2005, MedPlus is an independent retail pharmacy chain with over 600 outlets primarily across southern India. MedPlus was acquired by a consortium of private equity investors in 2007

Polygel Technologies
Established in 1994 as a cable gels manufacturer, Polygel successfully transformed its business from 2002 onwards to become a rapidly growing Indian manufacturer of specialty chemicals, including adhesives and sealants, construction chemicals and other polymer-based products, for industrial and retail applications.

Idhasoft
Established in December 2006, Idhasoft is an IT services company offering SAP and Oracle products and customized application and consulting services to customers in the United States and India. Idhasoft has grown rapidly since inception through the acquisition of over 30 niche IT companies.

Investment Type

Private Equity

Region

Asia

Exit Date

2016