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Funding · Professional & Local Services

Vasuki India raises ₹100 crore under Vasuki XVI

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Vasuki India logo
Date
Company
Vasuki India
What it does
SEBI-registered Category III AIF
Kind
Funding
Amount
₹100 crore
Based in
Mumbai
Sector
Professional & Local Services

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

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