Veloce Fintech, a part of the Lemon Group, has launched its SEBI-registered Category-II Alternative Investment Fund (AIF), the Veloce Opportunities Fund. With initial commitments exceeding Rs 140 crore, including a Rs 40 crore green shoe option, the fund is poised to close its target corpus of Rs 200 crore in the coming months.
The fund, which has already deployed more than Rs 100 crore of its total commitments, focuses on providing venture debt and pre-IPO funding to MSMEs, aiming to fill the gap between their growth capital needs and structured investment opportunities.
Founded by the Lemon Group and led by Nirav Jogani, Veloce Fintech bridges institutional lenders and investors with asset reconstruction companies (ARCs), real estate developers, MSMEs, and startups. The Veloce Opportunities Fund is managed by a team of industry experts who bring their wealth of experience to drive long-term growth for portfolio companies while delivering consistent high returns to investors.
Targeting over 20 companies, the fund is looking for businesses with strong growth trajectories, robust governance, and scalable models. The fund takes a sector-agnostic approach, focusing on diverse fields such as manufacturing, technology, real estate, healthcare, and services.
The investment strategy combines deep financial expertise with technology-driven analysis to select promising companies. The rigorous evaluation framework considers financial performance, innovation, and market potential.
With an expected return of over 18%, the Veloce Opportunities Fund focuses on debt, regular interest income, and quicker cash flows, providing consistent payouts while minimizing volatility.
