Growth Sense Venture Fund announces first closure, to invest in early-stage startups

Growth Sense Private Limited has announced the first closure of its SEBI-registered Angel Fund – Growth Sense Venture Fund, a Category-I Alternative Investment Fund (AIF). 

Advertisment

According to the firm, the Rs 100 crore fund is designed to fuel the next wave of high-potential, early-stage startups in India. 

Sanjay Sarda, Co-Founder and Director of Growth Sense, said, “This first closure is not just a regulatory milestone; it is a reaffirmation of our long-term belief in India's founders. We are building a fund that brings more than just capital to the table. Our mission is to act as true partners - strategic, operational, and long-term.” 

With over 2000+ registered investors and facilitating startup investments via its digital investment - startup marketplace, Growth91, the team aims to scale its impact across India’s entrepreneurial ecosystem. Growth91 has also launched “Future Unicorn”, a discovery platform for high-potential startups that show strong momentum.

It enables early engagement, strategic partnerships, and access to advisors, helping founders gain visibility, build traction, and fast-track growth. 

Jimish Kapadia, Co-Founder and Director of Growth Sense, added, “Our strength lies in our deep understanding of startup challenges. This first closure gives us the tailwind to unlock value, not just for our portfolio companies, but also for the angel investors who believe in our approach.” 

The fund boasts a 25-year term. With a minimum commitment of Rs 25 lakhs per individual investor, the fund is attracting seasoned angel investors, family offices, and startup ecosystem veterans. 

The Growth Sense Venture Fund operates under the trusteeship of Mitcon Credentia Trusteeship Services Limited. The fund’s Investment Manager is Growth Sense Private Limited, with Sanjay Sarda holding the required NISM Series XIX-C certification.