/Investor DB

Madison India Capital Management Pte. Ltd.

Private equity

Singapore · Growth–Late Stage · 14 people tracked

Also known as MADISON-INDIA MANAGEMENT ADVISORS PRIVATE LIMITED

Find your way into Madison India Capital Management Pte. Ltd.

Sign up to see every warm intro you have to Madison India Capital Management Pte. Ltd.

  • Paths you didn't know you had: your email and LinkedIn already hold routes to the Madison India Capital Management Pte. Ltd. team. We find them for you
  • 2nd- and 3rd-degree connections: the friend-of-a-friend routes that take hours to manually find through your inbox or LinkedIn
  • Answers now, not in days: momentum is everything in a raise. Skip asking around whether someone knows someone

Days of research, done the moment you sign in, with every route ranked by how warm it is.

✨ Fox Verdict
Sign up to see your fit

Investment thesis

Madison India Capital focuses exclusively on direct secondaries and continuation vehicles, offering liquidity to shareholders of established companies while backing management teams of high-growth, middle-market businesses. It serves as a liquidity partner to venture capital and private equity firms, domestic funds, venture debt providers, founders and employees, having provided liquidity to over 500 shareholders and exits to more than 25 institutional funds. The firm structures flexible single-company and portfolio transactions, reserving capital to support future growth and working alongside management and co-investors. It invests from its flagship fund, Madison India Opportunities V, which closed in 2024, across business services, consumer, financial services, healthcare and technology sectors.

Source: firm website, verified Nov 10, 2026.

Stage
Growth–Late Stage
Check
$10M – $35M
HQ
Singapore, SG
Instruments
Equity
Founded
2014
AUM
$1B
Tracked investments
1

Team · 14 people

from the firm's website & public directories
Shailesh Mehta· Operating Partner

Operating Partner who works with Madison India portfolio companies to improve efficiencies and build value. Former Chairman and CEO of Providian Financial and an executive at AmeriTrust (now KeyCorp); has been GP at Invesco Private Capital, WestBridge Capital and Granite Hill Capital. Holds a PhD and Masters in Operations Research from Case Western Reserve and a B.Tech from IIT Bombay.

Surya Chadha· Managing Directorin

Oversees all investment activities at Madison India Capital Management with around 25 years of private equity experience across business services, financial services, consumer, healthcare and technology. Previously worked at Sandler Capital, HarbourVest Partners and Morgan Stanley; holds an MBA from Harvard Business School.

John Biju· Vice Presidentin

Evaluates and monitors investments across financial services, consumer, business services, healthcare and technology. Previously worked in investments at ARGA Investment Management and at Bain & Company; holds a B.Sc in Physics from St. Stephen's College, Delhi University.

Mudit Gusain· Directorin

Evaluates and monitors investments across financial services, consumer, business services, healthcare and technology. Previously worked in financial advisory at Rothschild and co-founded Groots, a B2B online grocery platform; holds a B.Tech from IIT Delhi.

Samir Shrivastava· Directorin

Evaluates and monitors investments across financial services, consumer, business services, healthcare and technology. Previously worked in M&A at Kotak Investment Banking and as a consultant at PwC; holds an MBA from IIM Ahmedabad and a B.Tech from IIT Delhi.

Sushain Trehan· Director

Evaluates and monitors investments across financial services, consumer, business services and technology. Previously worked in M&A at Credit Suisse India; holds an MBA from the Indian School of Business and B.Tech/M.Tech degrees from IIT Delhi.

Aarushee Jain· Finance Manager, Administration and Compliance

Finance Manager at Madison India Capital Advisors. Previously an auditor at Deloitte; a qualified Chartered Accountant with a B.Com (Honours) from Hansraj College, Delhi University.

Arinjay Kapur· Associatein

Evaluates and monitors investments across financial services, consumer, business services, healthcare and technology. Previously worked in investments at Carpediem Capital and in wealth management at IIFL Capital; holds a B.Com (Honours) from Shri Ram College of Commerce.

Ishan Bhatia· Director, Financein

Director of Finance at Madison India Capital Advisors. Previously an auditor at KPMG handling revenue, share capital, tax, secretarial and compliance; a CPA (Australia) and Chartered Financial Accountant (India).

Shivas Kapoor· Associate

Evaluates and monitors investments across financial services, consumer, business services, healthcare and technology. Previously worked in private equity at Premji Invest and as an analyst at D.E. Shaw & Co; holds an MBA from IIM Ahmedabad.

Tan Jing Hang· Finance Manager

Finance Manager at Madison India Capital Management. Previously an auditor at Deloitte Singapore specialising in financial services, serving as audit manager for VC and PE funds; a member of the Institute of Singapore Chartered Accountants with a degree from Nanyang Technological University.

Jacek Trzaskowski· Director
Jay Prakash Pertab· Director
Randhir Jugasing· Director

What they invest in

from 1 of 1 portfolio companies

Fintech ×1Impact & Social Good ×1

HQs:India×1

Investments · 1 tracked

founders shown can be your intro path
Finovafinova.inin𝕏✓ verified

Finova offers secured lending products including MSME business loans, home loans, and personal loans for government salaried employees.

FintechImpact & Social Good

Mohit Sahney(Founder)inSunita Sahney(Founder)in

Co-investorsNorwest Venture PartnersPeak XV PartnersAvataar Venture Partners500 Global

Frequently asked questions

What stage does Madison India Capital Management Pte. Ltd. invest at?
Madison India Capital Management Pte. Ltd. invests at the Growth, Late Stage stages.
What is Madison India Capital Management Pte. Ltd.'s typical check size?
Madison India Capital Management Pte. Ltd. typically writes checks of $10M – $35M.
What sectors does Madison India Capital Management Pte. Ltd. focus on?
Madison India Capital Management Pte. Ltd. focuses on Consumer, Enterprise Software, Fintech, Healthtech, Sector Agnostic.
Where is Madison India Capital Management Pte. Ltd. located?
Madison India Capital Management Pte. Ltd. is headquartered in Singapore, SG.

Similar investors

3TS Capital Partners

3TS Capital Partners is a European technology-focused growth investment adviser whose advised funds provide growth capital, typically leading or co-leading substantial funding rounds for innovative tech companies primarily in the DACH, CEE and Nordic regions.

$324K – $10.8M
4Di Capital

4DI Ventures was co-founded by repeat tech operator and ESET Southern Africa founder Justin Stanford, giving it unusually deep cybersecurity and software operating experience rather than a purely financial background, and originated from Stanford's own angel-investing experiments that directly led to both the firm's creation and the launch of the Silicon Cape Initiative. The firm explicitly describes its style as "nurture capital" with intensive, hands-on engagement, and Stanford is vocal about avoiding the "unicorn at all costs" mentality in African tech, instead emphasizing sustainable market readiness and fundamentals in a more conservative, durability-focused investment approach.

$100K – $1M
83North

83North is a global venture capital firm that invests in and helps entrepreneurs build large, category-defining companies, backing startups across multiple stages and sectors.

$100K – $10M
8VC

8VC is a venture capital firm investing across logistics, life sciences, healthcare, IT infrastructure, and government/defense, guided by its Smart Enterprise thesis focused on data integration and platform network effects.

$500K – $50M
Accel

Accel is a venture capital firm that partners with exceptional teams, positioning itself as a first partner to founders globally.

$500K – $100M

Featured in lists