SEBI Gives Green Signal to VC Firm Induckt Global’s INR 320 Cr Maiden Fund

Venture capital (VC) firm Indukt Global has been approved by the Securities and Exchange Board of India (SEBI) to launch its first fund, the Induckt Vision Fund, which will invest in early- and growth-stage technology startups. Induckt Vision Fund is a sector-agnostic venture capital (VC) fund founded by Ayush Goyal in 2022. The fund will

Venture capital (VC) firm Indukt Global has been approved by the Securities and Exchange Board of India (SEBI) to launch its first fund, the Induckt Vision Fund, which will invest in early- and growth-stage technology startups.

Induckt Vision Fund is a sector-agnostic venture capital (VC) fund founded by Ayush Goyal in 2022. The fund will invest in early- and growth-stage technology startups across a range of sectors, including healthcare, education, and ecommerce.

Induckt Vision Fund is currently in the process of raising capital from various limited partners (LPs), including entrepreneurs and high-net-worth individuals. The fund is expected to have a target size of INR 320 crore (approximately USD 40 million).

The sector-agnostic approach of Induckt Vision Fund is a significant differentiator in the Indian VC landscape. Most VC funds in India are sector-specific, meaning that they invest only in startups within a particular sector, such as healthcare, technology, or consumer. However, Indukt Vision Fund believes that the best investment opportunities are often found at the intersection of different sectors.

Indukt Vision Fund is also committed to supporting startups at the early and growth stages. These are the stages where startups face the greatest challenges, but also have the greatest potential for growth. Indukt Vision Fund will provide startups with access to capital, mentorship, and resources to help them scale their businesses.

The launch of Induckt Vision Fund is a welcome development for the Indian startup ecosystem. The fund’s sector-agnostic approach and focus on early- and growth-stage startups will help to bridge the funding gap for startups and accelerate the growth of the Indian tech sector.

Induckt Vision Fund is well-positioned to identify and invest in the next generation of Indian tech startups. The fund has a strong team of experienced investors and a clear vision for the future. I am excited to see which startups Indukt Vision Fund invests in and how it helps them to grow and succeed.

For more information or if you are a startup who wish to apply, you can get in touch by writing an email to: ayush@inducktvc.com

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