Team Siliconindia

• First close of SEBI-registered Angel Fund to back early-stage Indian startups
• Digital platforms to discover, invest in, and scale high-potential startups
• 2000+ registered investors, targeting angels, family offices & ecosystem veterans

Growth Sense Private Limited has declared the first close of its SEBI-registered Angel Fund  Growth Sense Venture Fund, a Category-I Alternative Investment Fund (AIF). The Rs 100 crore fund will seek to catalyze the growth of India's next generation of high-potential, early-stage startups.

This initial close is more than a regulatory milestone  it's a reaffirmation of our long-term belief in Indian founders," said Sanjay Sarda, Growth Sense Co-Founder and Director of Growth Sense. "We're creating a fund that provides more than capital. We want to be strategic, operational, and lasting partners to the startups that we invest in.

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With a platform of more than 2,000 registered investors and robust digital infrastructure through its investment-startup marketplace Growth91, the fund is set to amplify its reach within India's startup community. Growth91 has also introduced "Future Unicorn", a discovery platform that highlights potential startups with high momentum. The platform facilitates early engagement, strategic partnerships, and advisor access, allowing founders to build visibility and grow rapidly.

"Our advantage is knowing the true issues that startups deal with in real life," stated Jimish Kapadia, Co-Founder and Director of Growth Sense. "This first close provides us with the traction to release value not only for portfolio startups but also for the angel investors who share our vision."

The fund has a 25-year tenure and mandates a minimum individual commitment of Rs 25 lakh. It is attracting interest from veteran angel investors, family offices, and startup ecosystem veterans.

The Growth Sense Venture Fund is under the trusteeship of Mitcon Credentia Trusteeship Services Limited. The Investment Manager is Growth Sense Private Limited, whose Sanjay Sarda possesses the NISM Series XIX-C certification.