Growth Sense Venture Fund: A New Chapter for Early-Stage Startups in India
Growth Sense Private Limited has made headlines with the first closure of its SEBI-registered Angel Fund, the Growth Sense Venture Fund. This Category-I Alternative Investment Fund (AIF) is set to invigorate India’s startup ecosystem, targeting early-stage startups with high potential.
A Strategic Vision for India’s Startups
The Rs 100 crore fund is more than just a financial milestone. Sanjay Sarda, Co-Founder and Director of Growth Sense, emphasizes the fund’s broader mission: “This first closure is not just a regulatory milestone; it is a reaffirmation of our long-term belief in India’s founders.” Growth Sense aims to provide strategic, operational, and long-term support, beyond mere capital.
Growth91: A Marketplace for Innovation
Growth Sense’s digital investment marketplace, Growth91, is a key player in this initiative. With over 2000 registered investors, Growth91 facilitates startup investments and has launched “Future Unicorn,” a discovery platform for promising startups. This platform offers early engagement, strategic partnerships, and access to advisors, helping founders build traction and accelerate growth.
The Power of Partnership
Jimish Kapadia, Co-Founder and Director, highlights the fund’s unique approach: “Our strength lies in our deep understanding of startup challenges.” This understanding, combined with a 25-year term and a minimum commitment of Rs 25 lakhs per investor, makes the fund attractive to seasoned angel investors, family offices, and veterans of the startup ecosystem.
Operational Excellence and Trust
Operating under the trusteeship of Mitcon Credentia Trusteeship Services Limited, the fund is managed by Growth Sense Private Limited. Sanjay Sarda holds the required NISM Series XIX-C certification, ensuring compliance and trustworthiness.
The Broader Impact on India’s Entrepreneurial Ecosystem
The fund’s launch comes at a time when India’s startup ecosystem is buzzing with innovation. With initiatives like the Startup India campaign and a supportive regulatory environment, the timing couldn’t be better. The Growth Sense Venture Fund is poised to leverage these opportunities, providing startups with the resources they need to succeed.
Why This Matters to You
Are you an aspiring entrepreneur or investor looking to make an impact in India’s burgeoning startup scene? The Growth Sense Venture Fund offers a unique opportunity to be part of a transformative journey. By aligning with a fund that prioritizes strategic partnerships and operational support, you can play a role in shaping the future of innovation in India.
Looking Ahead
The Growth Sense Venture Fund’s first closure is just the beginning. As it continues to invest in high-potential startups, the fund is set to make a significant impact. Whether you’re a founder seeking investment or an investor looking for promising opportunities, this fund represents a chance to be part of India’s next wave of innovation.
For more information about Growth Sense and its initiatives, visit Growth Sense Private Limited.
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