Funding · Professional & Local Services
Vasuki India raises ₹100 crore under Vasuki XVI
By Startup Enthusiast ·

- Date
- Company
- Vasuki India
- What it does
- SEBI-registered Category III AIF
- Kind
- Funding
- Amount
- ₹100 crore
- Based in
- Mumbai
What they do
Vasuki India is a SEBI-registered Category III Alternative Investment Fund (AIF)
What happened
It raised ₹100 crore under its second scheme Vasuki XVI from one NRI investor
Why it matters
The fund plans to raise about ₹200 crore more in the coming months
The details
- Vasuki India raised ₹100 crore under its second scheme Vasuki XVI from one NRI investor.
- The fundraise has been extended, and Vasuki India plans to raise about ₹200 crore more in the coming months.
- Vasuki XVI invests in Indian listed equities and select private equity opportunities.
- The scheme focuses on long-term capital preservation and risk-adjusted returns.
- Since its inception in June 2024, Vasuki XVI has outperformed the NIFTY 50 by about 4.5%.
- The flagship scheme Vasuki India Fund (since October 2021) has outperformed the NIFTY 50 by 5.7% since inception.
- Vasuki also offers a Luxembourg-based Vasuki Tech Fund that invests in early-stage tech sectors like AI, mobility, cybersecurity, sustainability, and climate tech.
About the business
- Vasuki India is a SEBI-registered Category III Alternative Investment Fund (AIF).
- It offers multiple products: Vasuki India Fund (CAT-III AIF focused on Indian equities), Vasuki XVI, Vasuki S3 (upcoming), and Vasuki Global Fund (global VC fund).
- The fund's limited partners (LPs) include entrepreneurs, corporate executives, industry specialists, and business leaders who contribute to investment evaluation.
- Vasuki provides co-investment opportunities for LPs, CXO involvement, board representation, and commercial interaction via LP networks.
What happens next
- Vasuki India plans to raise about ₹200 crore more in the coming months.
The deal
- Type
- funding
Investors
- NRI investor (investor) — A single non-resident Indian investor; no further details available.
Founders
- Vikas Sehgal, Founder
Other articles talking about it
Same day
- Molbio raises Rs 281.5 crore from anchors7 August 2026 · Funding · ₹281.5 Cr
- Sebi clears Rediff and PlaySimple IPOs7 August 2026 · IPO · ₹600-₹800 Cr
- Ixigo posts 81% profit rise despite travel headwinds7 August 2026 · Results · Rs 34.24 crore
- Swiggy agrees to refund promotional fees to restaurants7 August 2026 · Policy
- Triangle Group raises $15M in seed funding7 August 2026 · Funding · $15M
- Fixxly raises $5.5M seed for AI building material delivery7 August 2026 · Funding · $5.5M