# DSP Blackrock

> DSP Blackrock is a VC fund in Mumbai backing Sales and Retail. See 4 investments, check sizes, portfolio and contact details. Updated Aug 2026.

- Type: VC Fund
- Location: Mumbai, India
- Total investments: 4
- Last investment: Feb 2018
- Lead investor: 0%
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/company/dsp-blackrock-investment-managers-pvt-ltd
- X (Twitter): https://twitter.com/dspbrmf
- Website: http://www.dspblackrock.com/
- Facebook: https://www.facebook.com/DSPBlackRockMutualFund

DSP BlackRock is a joint venture between the 150 year old Indian financial firm, DSP Group and the world’s largest investment management firm, BlackRock. We are one of the premier asset management companies in India, with over 19 years of track record of investment excellence. The DSP Group, headed by Mr. Hemendra Kothari, is one of the oldest andmost respected financial services firms in India. The firm commenced its stock broking business in the 1860s and the family behind the group has been very influential in the growth and professionalization of capital markets and money management business in India. BlackRock is the world’s largest investment management firm and is trusted to manage more money than any other investment firm in the world. Millions of retail investors from around the world, governments, large foundations and companies including 94 of the Fortune 100 and 20 of the top 25 insurers globally trust BlackRock with their money.

## Contacts

5 contacts available for DSP Blackrock. Shizune tracks 1 team members at DSP Blackrock. Sign up free to unlock them: https://app.shizune.co/sign-up/investor-profiles/find-team-emails/dsp-blackrock?utm_source=investor_profile

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Sales | 1 | 25% |
| Retail | 1 | 25% |
| Fashion | 1 | 25% |
| Medical | 1 | 25% |
| Construction | 1 | 25% |

11 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Funding Round | 3 | 75% |
| Private Equity | 1 | 25% |

## Team

| Name | Title | Investments | Profile |
| --- | --- | --- | --- |
| Hemendra Kothari | Chairman | 3 | https://shizune.co/investors/profile/hemendra-kothari-8108 |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| HG Infra Engineering | H.G. Infra Engineering Limited (HGIEL) is certified construction company engaged primarily in execution of infrastructure sector projects like highways, roads & bridges. Military Engineering Services(MES). The company also executes other civil construction projects like extension & grading of runways, railways & land development. Thecompany has diversified into water pipeline projects also in last few years. HGIEL was founded on 8 June, 2017 (Erstwhile known as HGIEPL which was incorporated in 2003 by their founder promoter Mr. Hodal Singh who has more than 40 years of experience in the construction sector. They are registered as grade 'AA' Class contractor with PWD, Rajasthan & 'SS' Category with Military Engineering Services(MES). |  | Private Equity | Feb 26, 2018 |  |
| SP Apparels | SP Apparels is a leading manufacturer and exporter of knitted garments for infants and children in India. They manufacture and retail menswear garments in India under the brand ‘Crocodile’. These are manufactured at our integrated facilities that allow us to provide end-to-end garment manufacturing services from greige fabric to finished products. |  |  | Aug 02, 2016 |  |
| Dr Lal PathLabs | Late Dr. (Major) S.K. Lal, a pioneer in the field of pathology who had been trained in the army and later at the Cook County Hospital, Chicago, USA, laid the foundation stone of Dr. Lal PathLabs in 1949. Blessed with immense knowledge and expertise in this field. Dr. S.K.Lal established an organization that was destined to become the firstpathology laboratory of repute in Delhi and Northern India. Today, Dr. Lal PathLabs is recognized as a centre of innovation and a premier clinical pathology laboratory. | $28.6M |  | Dec 07, 2015 |  |
| Power Mech Projects | Power Mech Projects Ltd. Is an integrated power infrastructure services company providing comprehensive erection, testing and commissioning of boilers, turbines and generators ("ETC-BTG") and balance of plant ("BOP") works, civil works and operation and maintenance (O&M) services. Our operations include three principalbusiness lines: (i) Erection Works; (ii) Operation & Maintenance (O&M) Services; and (iii) Civil Works.Our experienced management team has been responsible for the growth of our operations over the years. Our senior management through a project management committee provides effective and direct supervision for project implementation at our various project sites. Our founding Chairman and Managing Director, Mr. S Kishore Babu has several years of experience in the power sector and has developed our business and operations since inception. We believe that our experienced and dynamic senior management team have been key to our success and will enable us to capitalize on future growth opportunities. | $13M |  | Aug 07, 2015 |  |

4 of 4 investments shown.

## Co-investors
- [Birla Sun Life Insurance](https://shizune.co/investors/profile/birla-sun-life-insurance-2) — VC Fund, 2 deals together
- [IDFC Mutual Fund](https://shizune.co/investors/profile/idfc-mutual-fund) — VC Fund, 2 deals together
- [Morgan Stanley](https://shizune.co/investors/profile/morgan-stanley) — VC Fund, 2 deals together
- [Reliance Capital](https://shizune.co/investors/profile/reliance-capital) — VC Fund, 2 deals together
- [UTI Mutual Fund](https://shizune.co/investors/profile/uti-mutual-fund) — VC Fund, 2 deals together
- [DSP BlacRock India Tiger Fund](https://shizune.co/investors/profile/dsp-blacrock-india-tiger-fund) — VC Fund, 1 deal together

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## FAQ

### What does DSP Blackrock invest in?

DSP Blackrock invests primarily in Sales, Retail and Fashion startups, most often at Funding Round and Private Equity stage. Most of the 4 investments tracked by Shizune back companies in India. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### How do I contact DSP Blackrock?

Public channels for DSP Blackrock include LinkedIn, X (Twitter) and the website linked on this profile. For a verified work email and phone number, create a free Shizune account — contact data is searched across 20+ sources and validated before delivery, so your outreach lands in the right inbox.

### Who are the partners at DSP Blackrock?

The team at DSP Blackrock includes Hemendra Kothari (Chairman). The Team section lists each member with their title, investment count and links.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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