Can foreign funds invest in Indian private credit through Eone Capital?

Foreign institutional investors can access Indian private credit through SEBI-registered FPI routes for listed debt, or through Category I and II AIFs that accept foreign capital under FEMA regulations. Eone Capital facilitates introductions between foreign funds and domestic AIF managers, and can structure direct NCD participation where regulatory requirements are met. All foreign investment structuring involves specialist legal advice on FEMA compliance.

What is the typical coupon rate on NCD investments in India?

Privately placed NCDs in India's mid-market currently carry coupon rates of 12-16% per annum depending on the sector, security quality, and borrower profile. Real estate NCDs with strong security packages from established developers currently price at 12-15%. Healthcare and MSME NCDs range from 13-16%. All NCDs placed through Eone Capital are secured instruments with a defined security package assessed before placement.

How does Eone Capital evaluate deals before presenting them to investors?

Every equity mandate passes through a five-stage IC evaluation covering mandate screening, business model assessment, financial forensics, founder evaluation, and IC verdict before any investor is approached. Private credit mandates are assessed on credit profile, security quality, DSCR under stress scenarios, and repayment certainty. Investors receive structured deal briefs on mandates that have cleared evaluation — not unscreened introductions.

What is the minimum deployment per transaction?

The minimum deployment per transaction through Eone Capital is ₹1 crore. This applies across private credit NCD subscriptions, consumer equity co-investments, and pre-IPO placements. NRI and foreign investors are welcome subject to applicable regulatory requirements. There is no upper limit on ticket size.

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For Investors

Pre-evaluated deal flow in Indian private credit, equity, and pre-IPO.

Available to domestic investors, NRIs, and foreign institutional investors. Minimum deployment ₹1 crore per transaction · Figures as of September 2026

What We Offer

Three asset classes. One evaluation standard.

Private Credit

NCD subscriptions and structured debt placements

Subscribe to privately placed Non-Convertible Debentures and structured credit instruments from pre-evaluated real estate developers, MSME manufacturers, and healthcare operators. Fixed coupon of 12-16% per annum. Tenure 2-7 years. Secured against land, receivables, and promoter guarantee. Available to domestic investors and NRIs through NRE/NRO accounts.

₹940 Cr

Active Mandate Pipeline

as of September 2026

₹320 Cr

Successfully placed and closed

as of September 2026

Consumer Equity

Pre-screened consumer brand equity mandates

Co-invest in IC-cleared consumer brands — FMCG, beauty, health and wellness, D2C, and retail chains. Every mandate has cleared a five-stage evaluation before any investor is approached. Suitable for domestic investors, NRIs, and foreign funds investing through compliant structures.

5-Stage

IC evaluation before outreach

₹10 Cr+

Typical first cheque range

Pre-IPO Placement

Pre-IPO equity in BSE SME and NSE Emerge bound businesses

Access equity stakes in profitable businesses preparing for listing on BSE SME or NSE Emerge at pre-listing valuations with a defined public market exit pathway. All businesses meet SEBI's 2025 profitability requirements. Attractive for NRI investors seeking India-listed exit.

268

SME IPOs listed in India in 2025

₹75 Cr+

Market cap for viable SME IPO

The same rigour applied to ₹46,000 crore in sovereign fiscal analysis — applied to every mandate we present to investors.

Government of Chhattisgarh · Rajya Niti Aayog · 2025-2026

₹46,268 Crore

Sovereign mandate scale

Investor reviewing private credit performance charts

Why Private Credit

India's most active mid-market opportunity.

India's private credit market reached $3.5 billion in H1 2026 across 102 transactions — with domestic funds now accounting for 74% of deal value, according to the EY India Private Credit Report H1 2026. The mid-market segment — transactions between ₹30 and ₹200 crore — accounts for 87% of deal count and represents the best risk-adjusted opportunity in Indian credit today.

Domestic funds now account for 74% of Indian private credit deal value — the highest share on record.
EY India Private Credit Report H1 2026

For NRI investors and foreign institutional funds, Indian private credit offers fixed coupon returns of 12-16% per annum in an economy growing at 7.4% real GDP — a combination unavailable in most developed markets. Structuring compliant participation requires specialist knowledge of FEMA, RBI guidelines, and AIF regulations. Eone Capital works alongside qualified legal advisors to facilitate access for NRI and foreign investors.

$3.5B

India private credit H1 2026

74%

Deal value from domestic funds

12-16%

Typical NCD coupon range

₹1 Cr

Minimum deployment

Source: EY India Private Credit Report H1 2026

Data as of June 2026.

NRI & Foreign Investors

Access Indian private credit from anywhere in the world.

India's strong economic fundamentals, fixed coupon private credit returns, and improving regulatory framework have made Indian debt an increasingly attractive allocation for NRI investors and foreign institutional funds. Eone Capital facilitates structured access, working alongside specialist legal counsel to ensure all investments are FEMA and RBI compliant.

$25-30B

India private credit AUM

7.4%

India real GDP growth FY26

12-16%

Typical NCD coupon range

Source: EY India, PIB

NRI Investors

NRIs can invest in privately placed NCDs through NRE or NRO accounts, subject to applicable RBI and FEMA regulations. Repatriation treatment depends on the account type and the specific instrument. All NRI participation is structured with specialist legal advice on FEMA compliance. Minimum ₹1 crore per transaction.

Foreign Institutional Funds

Foreign portfolio investors and institutional funds can access Indian private credit through SEBI-registered FPI routes for listed debt instruments, or through Category I and II AIFs that accept foreign capital under applicable FEMA regulations. Eone Capital connects foreign funds with domestic AIF managers and structures direct NCD participation where permitted. All foreign investment involves specialist FEMA legal counsel.

Family Offices — Global

Indian diaspora family offices and global family offices with India mandates can access pre-evaluated deal flow across private credit, consumer equity, and pre-IPO placements. We work with your legal and compliance team to ensure the investment structure meets your jurisdiction's requirements alongside Indian regulatory requirements.

All NRI and foreign investor participation in Indian private credit is subject to applicable FEMA regulations, RBI guidelines, and SEBI requirements. Eone Capital facilitates introductions and structuring discussions — all investments require independent legal advice on regulatory compliance specific to the investor's situation.

Frequently Asked

Questions from investors.

Yes. NRIs can invest in privately placed NCDs and structured debt instruments from Indian companies through their NRE or NRO accounts, subject to applicable FEMA regulations and RBI guidelines. Eone Capital works with NRI investors and their legal advisors to structure compliant participation. Minimum deployment is ₹1 crore per transaction. Repatriation treatment depends on the account type used.

Current Opportunities

Anonymised. Client names not disclosed. Suitable investors contacted directly.

Private Credit · Open

NCD — Commercial Real Estate

Structure: Secured NCD
Amount: ₹50 Crore
IRR: 11% per annum
Security: Commercial property charge + promoter guarantee
Tenure: 36 months
Status: Accepting subscriptions

Minimum subscription: ₹1 crore

Private Credit · Open

Secured NCD — Real Estate

Structure: Secured NCD
Amount: ₹30 Crore
IRR: 15% per annum
Security: Residential project charge + promoter guarantee
Location: Western India
Tenure: 24 months
Status: Under placement

Minimum subscription: ₹1 crore

Equity · Open

Equity Co-Investment — Commercial Real Estate

Structure: Primary Equity
Amount: ₹120 Crore
Sector: Commercial Real Estate
Stage: Growth — revenue generating asset
Status: Mandate active

Minimum co-investment: ₹1 crore

IMPORTANT: Returns shown are indicative based on current mandate terms and are subject to change following due diligence. Past performance and indicative returns do not guarantee future results. Investing in private credit instruments and unlisted equity involves risk of loss of principal. This page does not constitute investment advice or a solicitation to invest. All investment decisions should be made following independent financial and legal advice. Eone Capital is not a SEBI-registered investment advisor or portfolio manager.

To receive detailed deal briefs on current and future opportunities, register your mandate below. Register now →

How It Works

Structured deal flow. Not an introduction service.

Register your mandate

Tell us your ticket size, preferred asset class, sector appetite, return expectations, and whether you are a domestic, NRI, or foreign investor. We structure our approach around your specific mandate and regulatory position.

We assess the fit

We review your mandate against our active pipeline. If there is a match in sector, ticket size, structure, and return profile — we arrange a confidential briefing.

Confidential deal brief

You receive a structured brief — credit profile, security package, coupon or return expectation, and our evaluation findings. No names until you confirm interest in proceeding.

Proceed or pass

You confirm whether to proceed to full information. For NRI and foreign investors, we coordinate regulatory structuring discussions at this stage.

Our Position

We match deal flow. We do not blast it.

Eone Capital does not maintain an investor mailing list that receives every mandate. We do not send teasers without confirming fit. Every investor we approach for a transaction has been identified as a match based on sector, ticket size, return expectation, and regulatory eligibility. This is how we protect our investor relationships — and why introductions on both sides are taken seriously.

Register your investment mandate.

We will review your mandate and be in touch within 48 hours if there is an active match.