Convergent Finance

Convergent Finance is a private equity firm based in Mumbai, India, focusing on growth investments and mid-market buyouts. The firm targets resilient, cash-generating businesses led by experienced teams, aiming to transform them into global leaders. Convergent seeks significant equity stakes to drive hands-on, transformative impact in both public and private companies.

The firm's investment strategy emphasizes identifying proprietary platform and bolt-on opportunities, executing investments swiftly, and maintaining a relentless focus on performance improvement. Convergent's value investing approach involves paying fair and reasonable valuations through bilaterally negotiated transactions.

Convergent Finance has a track record of investing over $2.5 billion over a twelve-year period. Notable investments include a 10% stake in ADF Foods Ltd for ₹100 crore in December 2020, a ₹70.2 crore investment in Onward Technologies Ltd in May 2021, and a ₹107 crore investment in Jyoti International Foods in June 2020. The firm has also exited investments with significant returns, such as a 2.2X return on its investment in SeQuent Scientific in December 2021.