𝗢𝘂𝗿 𝗙𝗶𝗿𝘀𝘁 𝗘𝘅𝗶𝘁 𝗮𝘁 𝗮𝟵𝟵! - From Fund II Today marks an important milestone for us at a99 VC Technocrats Plasma one of our portfolio companies, has successfully listed on the BSE at 2X its price band and @ 144% IRR (Just off this exit). We continue to hold as well 🫡 As a fund we always believed that India needs manufacturing and a great amount of focus from the PE/VC ecosystem. Further to our core 4 pillar thesis in the manufacturing and infra space, we've always believed in backing builders creating real and tangible value in an industry that often doesn't get the spotlight it deserves. Plasma welding is really not glamorous you see ;) Watching Technocrats Plasma go public is validation of that thesis and of the incredible team behind it.This exit sets us a high bar for what's next. It's proof that sector focused capital paired with the right founders and laser focused execution can create outcomes that matter - for investors, for employees and for India's manufacturing ecosystem. This milestone also reflects a broader shift we're seeing across the market. We continue to see significant opportunities emerging across Indian manufacturing and infrastructure, particularly in businesses where strong engineering capability, specialised knowhow, market opportunity and execution track record create a dream outcome. As the sector matures, we expect an increasing number of such businesses to access institutional and public-market capital, creating a deeper continuum between private capital and the public markets. To the founders and team who made this happen - thank you for trusting us on this journey. This is just the beginning. Special mention to the RarEver Financial Advisors Pvt. Ltd. team for seeing this through for us. This is our fund's first IPO exit and it's one we'll always remember.❤️ Here's to many more milestones like this one. #VentureCapital #Manufacturing #IPO #BSE #a99VC #India