- More Info
-
www.35northventures.com
LinkedIn
- Organization
- 35 North Ventures
- Fund type
- Equity | Debt | Preference | Debentures
- Source
- Non-Government
- Status
- Active
- Focus area
- Biotech, Medtech, Health & rehabilitation | Agriculture, food and nutrition | Cleantech, energy, environment, waste, sanitation | Automation, mobility | Hardware, software, IOT, data, AI, ML | Industrial Products | Material Tech, textiles | Space and Aviation | Edtech, Fintech | Other sectors
- Target
- Private Limited Company
- Fund range
- Rs. 2 cr- Rs. 10 cr | Greater than Rs. 10 cr
- Fund stages
- D. Technology Scale-up/ Validation / De-risking | E. Market Entry | F. Expansion
SEBI-registered Category I AIF, India Discovery Fund II has been active since June 2024. It has a fund size of INR 500 Crore plus 100 Crores greenshoe with a sector-agnostic focus on disruptive tech-enabled Startups and SMEs.
Purpose
The Fund's focus is on emerging, asset-light businesses with strong growth in high-potential sectors and economies, primarily in the Indian market and invests in pre-series A and series A stages. The fund invests both as a lead investor and also as a co-investor in syndicates in both structured debt and equity. Their investments typically range from $1mln-$5mln, the minimum being $500K.