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

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 along a lot of experience and has over 88+ investments to date with strong returns across a very vetted portfolio. With 6 startups showing above IRR >100%, as well as others having 75% and 40% IRR, Growth Sense’s strategy guarantees a high potentiality of investor gains by focusing on scalable, sustainable growth. Associate companies in the Growth Sense ecosystem include:

• Growth91: A high-end marketplace that connects the founders of startups with investors in an effort to get funding while offering vetted opportunities to investors.
• Growth Metaverse: Provides technology-related solutions meant for effective growth and scaling by companies
• Growth Alpha: Provides branding and digital marketing services meant to help companies build a powerful public image
• Growth Compliances: Obtains legal and regulatory compliances by providing their services
• INVIdata: A product concerned with cybersecurity to protect data from threats.

These associate companies offer access to strategic partnerships, expert guidance, and operational support that ensures every startup that comes out of Growth Sense is investment-ready as well as ready for long-term growth and impact.
Growth Sense takes a sector-agnostic approach that allows it to leverage diverse opportunities across various industries. This approach expands an investor’s portfolio and enhances impact in other markets, whether in technology and consumer goods, healthcare, and financial services.

Sanjay Sarda, Co-Founder, Growth Sense, said, “Receiving the clearance from SEBI has been a significant milestone for us. It will enable Growth Sense Venture Fund to invest investor money into companies that have a positive trajectory as well as are already creating strong value for the Indian economy. Our team’s work is to fuel the promising startups of India with capital, mentorship, and strategic resources.”.

With a strong screening process and emphasis on high-potential ventures, Growth Sense Venture Fund is poised to deliver exceptional returns on investment while contributing to India’s powerful startup ecosystem. The fund is now open for investment, creating exciting opportunities for high-net-worth individuals and corporations to join the global fraternity investing in India’s next wave of impactful startups.

Learn more at: https://www.growth-sense.com/aif.php