Ohio Innovation Fund

What is Ohio Innovation Fund?

Ohio Innovation Fund, operating under the name BanyanTree Finance, is a private equity fund headquartered in Mumbai, India. They are focused on fueling entrepreneurial ambition in diverse sectors, including energy, by partnering with visionary founders to scale their businesses.

The fund specializes in equity, mezzanine investments, expansion, MBO/LBO, turnaround, and restructuring, with the goal of driving transformational growth by combining capital with their strategic expertise. Managing assets of approximately $275 million, BanyanTree Finance has a track record of turning potential into performance and is engaged in various stages of the business lifecycle, from initial investments to exits. Their investments span multiple industries such as consumer, industrials, healthcare, and financial services, with a particular emphasis on building a strong presence in key states within India.

Notable portfolio companies include Nilons, Rotomag, KLF Nirmal, Astaberry, and Enhaz Beverages, each representing a commitment to quality, authenticity, and market leadership in their respective sectors. BanyanTree Finance also holds a stake in Power Exchange India Limited (PXIL) and The Microbe Diagnostic Laboratories, showcasing their ability to identify and grow businesses with a competitive edge.

Additionally, Mahaveer Finance India Ltd features as a successful asset under their management, indicative of BanyanTree's proficiency in identifying opportunities in the financial services sector. Through their years of operation, the firm has demonstrated an ability to work closely with companies to provide innovative solutions and develop case studies that testify to their effective strategies and customer experiences.

What they say:

We are partners with visionary founders and disruptive companies to shape future industries.

What we look for: We invest in agnostic.