Negen Capital
Overview
Negen Capital, an investment management firm specializing in Portfolio Management Services (PMS) and Alternative Investment Funds (AIF), places a strong emphasis on value investing, particularly within small and mid-cap companies. Founded with vision by Neil Bahal, the company aims to identify opportunities where corporate actions and market inefficiencies can be leveraged. Based out of Mumbai, India, Negen Capital has raised funds primarily for investing in special situations such as mergers, demergers, and restructurings, attracting a significant amount of assets under management (AUM).
Recent Developments
- July 2025: Negen Capital's most recent significant investment was participating in a Series B funding round for Burger Singh on July 17, 2025. This investment underlines Negen Capital's continuing focus on growth-oriented ventures.
- May 2025: By May 2025, Negen Capital's Special Situations & Technology Fund reported a significant outperformance with a Time Weighted Rate of Return (TWRR) of +28.95% compared to the BSE 500 TRI's +18.16%.
- April 2025: The firm led a funding round worth INR 25 crore for Sadhav Offshore, highlighting its strategic investment approach in diversified sectors.
- November 2024: Negen Capital made a seed investment in Burma Burma, illustrating its interest in niche and emerging business sectors.
- 2025 Strategic Positioning: Throughout 2025, Negen Capital has maintained a conservative risk management culture, preferring technology and transformational special situations over cyclical sectors or PSUs (Public Sector Undertakings).
- Competitive Recognition: Negen Capital has been consistently rated as a high-performing PMS provider over multiple fiscal periods, evidencing its effective investment strategies.
Company Information
| Attribute | Information |
|---|---|
| Founding Date | 2017 |
| Headquarters | Mumbai, Maharashtra, India |
| Founders | Neil Bahal |
| Revenue | Not publicly disclosed |
| Profits | Not publicly disclosed |
| Key Investors | Multiple HNIs and institutions |
| Industry | Investment Management |
| Number of Employees | 21 (as of May 2025) |
Early History
Negen Capital was officially established in 2017, spearheaded by its founder Neil Bahal. With a focused approach on creating sustainable value through strategic investments in small and mid-cap segments, Negen Capital launched its Portfolio Management Services with an emphasis on special situations like mergers and demergers. Early on, the firm aimed to capitalize on market mispricing and structural business opportunities. The initial strategy was developed based on Neil Bahal's extensive experience and a robust philosophy of investing in undervalued opportunities.
Company Profile and Achievements
Over the years, Negen Capital has aligned its business model with value investing principles and special situation opportunities in the financial services sector. The firm’s strategies have been guided by Neil Bahal, allowing for a flexible and dynamic investment approach including:
- The Special Situations & Technology Fund, which consistently outperforms benchmarks by capitalizing on unique market opportunities.
- Tech and Value Combination: Implementing cutting-edge technology in both asset allocation and client communication, providing a seamless investment experience.
- Investment Milestones: Successfully raising and deploying capital across multiple high-growth sectors such as financial services and consumer goods in India.
- Recognition: Continuously rated as a top PMS provider by several industry reports, thanks to its strong performance in both bull and bear markets.
- Strategic Expansions: Progressive expansions into tech and infrastructure sectors, aligning with emerging mega trends in India.
Current Operations and Market Position
Negen Capital operates vigorously with a strategy centered around special situations and technology, seeking to enhance returns for its clients. Its market share in the investment management industry has been bolstered by the firm's durable and adaptable investment strategies. Significant emphasis is placed on identifying and seizing timely market opportunities, allowing for agile shifts in investment focus. Negen Capital's adept handling of investments has attracted a robust clientele, establishing it as a notable force in India's investment sector.
Conclusion
Negen Capital has firmly established itself as a leader in the Indian investment management landscape, leveraging strategic and special situation investing to remarkable effect. Its innovative approach, spearheaded by founder Neil Bahal, has enabled the firm to navigate and capitalize on market dynamics effectively. As it adapts to future market shifts, Negen Capital is poised to continue delivering exceptional value to its clients, maintaining its commitment to outperforming industry benchmarks and embracing evolving investment opportunities.