Canonicus Capital Raises ₹192 Crore to Back Real Estate Projects Across Delhi-NCR

Canonicus Capital, a Delhi-NCR-based real estate private equity firm, has raised ₹192 crore in the first close of its Special Situations Fund, which is targeting a total corpus of ₹500 crore. Launched in 2025, the fund will focus on selected real estate opportunities across the National Capital Region, particularly projects that need last-mile financing, structured capital and execution support.

Rajan Gupta, Managing Director of Canonicus Capital, played a key role in securing the latest fundraise and will continue to lead the firm's investment strategy and execution. With ₹311 crore previously raised and deployed through its first fund, Canonicus Capital's cumulative fundraising across both funds has reached ₹503 crore. The firm will continue raising capital towards its ₹500 crore target for the new fund.

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