SEBI approves Growth Sense Venture Fund as Category-1 AIF (Angel Fund) for Investments in Early Stage, High-Impact Startups in India

Date:

India, November 2024 – Growth Sense Venture Fund, a dynamic player in the Indian startup ecosystem, proudly announces SEBI’s approval for its AIF Category-1 Angel Fund. With a fund corpus of ₹100 crore and a strong commitment to empowering innovative Indian startups, Growth Sense is well-positioned to drive growth and offer substantial investment opportunities across sectors.

Growth Sense who is the investment manager for the fund, brings a wealth of experience, with over 88+ investments to date, achieving strong returns across a highly vetted portfolio. With 6 startups demonstrating over 100% IRR and others with returns of 75% and 40% IRR, Growth Sense’s approach ensures a high potential for investor gains by focusing on scalable, sustainable growth. The Growth Sense ecosystem includes associate companies such as:

  • Growth91: A premium marketplace that connects startup founders with investors to help them get funding, while providing vetted opportunities to Investors.
  • Growth Metaverse: Offers tech solutions to help companies grow and scale effectively.
  • Growth Alpha: Provides branding and digital marketing services to help companies build a strong public image.
  • Growth Compliances: Provides legal and regulatory compliance services.
  • INVIdata: A cybersecurity product that protects data from threats

These associate companies provide startups with access to strategic partnerships, expert guidance, and operational support, ensuring that each startup is not only investment-ready but also set for long-term growth and impact.

Growth Sense follows a sector-agnostic approach, allowing it to tap into diverse opportunities across industries. This strategy broadens investor portfolios while enhancing impact in various markets, from technology and consumer goods to healthcare and financial services.

Sanjay Sarda, Co-Founder, Growth Sense mentioned “Receiving SEBI approval marks an exciting milestone for Growth Sense Venture Fund. This fund allows us to channel investor capital into startups that are not only poised for growth but are delivering real value to the Indian economy. Our team is dedicated to supporting India’s most promising startups with capital, mentorship, and strategic resources”.

With its robust screening process and focus on high-potential ventures, Growth Sense Venture Fund is set to provide substantial returns to investors while contributing to the Indian startup ecosystem. The fund is now open for investment, providing opportunities for individuals and corporations to contribute to India’s next wave of impactful startups.

For more information, please visit: https://www.growth-sense.com/aif.php

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