Oister Global has initiated the Oister India Pinnacle Fund (OIPF) with a ₹440 crore allocation, inclusive of a ₹190 crore greenshoe option.

The fund targets India's consumer-driven and emerging tech sectors, spanning early to late-stage VC and PE investments.

With plans to invest ₹4,500 crore in India's VC/PE space over two years, Oister Global is also preparing to launch a private credit fund shortly.

The strategy involves backing leading fund managers, exemplified by Blume Ventures and Stride Ventures, to bolster India's alternative investment landscape.

OIPF seeks to leverage India's economic expansion, fueled by consumer demand and a vibrant start-up ecosystem, for strategic growth opportunities.