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Infrastructure

Canonicus Capital raises Rs 192 crore in first close of Rs 500 crore special situations fund

Thursday, November 12, 2026 · first reported by Indian Startup News and 4 others

Canonicus Capital has held a first close of its Special Situations Fund at Rs 192 crore, against a target of Rs 500 crore. The fund was launched in 2025 and follows a first fund that raised and deployed Rs 311 crore, taking the firm's total fundraising across both funds to Rs 503 crore.

The capital is to be invested in selected opportunities in the National Capital Region. Rajan Gupta has been promoted to Managing Director and will keep leading fundraising, investment strategy and execution. Roadshows in the Middle East and Singapore were paused because of the West Asia conflict and are due to resume as conditions improve.

Fund
Special Situations Fund
Size
₹1.9B (≈$22M)
Stage
First close
Asset class
Infrastructure, Private equity
Geography
Asia-Pacific

The summary and fields above are extracted from the published reports and can contain errors. The linked articles are the source of record.

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