MegaDelta Fund is a venture capital fund based in Ebene, Mauritius. According to its most recent Form D, filed Apr 5, 2019, it has sold $110,000,000 of interests to 10 investors since its first sale in Mar 2019. The minimum investment it accepts from an outside investor is $1,000,000. It relies on the Section 3(c)(7) exclusion, so investors generally must be qualified purchasers. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Tosveersingh Parmessur; Deeya Autar; Pratap Dange.
- Total raised
- $110,000,000Cumulative sales reported on Form D
- Investors
- 10
- First sale
- Mar 26, 2019
- Minimum investment
- $1,000,000
- Who can invest
- Qualified purchasersSection 3(c)(7): generally $5M+ in investments
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Tosveersingh Parmessur; Deeya Autar; Pratap Dange
- Latest Form D
- Apr 5, 2019
From SEC filings, not verified. This page republishes the fund's Form D as filed. It is not an offer, solicitation or recommendation, and AltMountain has not reviewed the fund. “Raised” is cumulative sales, not current assets or performance. Returns are not part of SEC filings. Private funds are speculative, illiquid and generally limited to accredited investors or qualified purchasers. Full disclosures · Request a correction
Questions about MegaDelta Fund
What is the minimum investment for MegaDelta Fund?
According to its latest Form D, filed Apr 5, 2019, the minimum investment MegaDelta Fund accepts from an outside investor is $1,000,000.
Who can invest in MegaDelta Fund?
MegaDelta Fund is generally open only to qualified purchasers (generally individuals with at least $5 million in investments), because it relies on Section 3(c)(7). It uses Rule 506(b), which does not allow general advertising.
How much has MegaDelta Fund raised?
MegaDelta Fund reports $110,000,000 sold from 10 investors on its Form D filed Apr 5, 2019. This is cumulative sales since the offering began, not current assets or performance.
Where is MegaDelta Fund based?
MegaDelta Fund is based in Ebene, Mauritius.
When did MegaDelta Fund launch?
MegaDelta Fund reports its first sale in Mar 2019.
Size compared with every venture capital fund
Raised more than 100% of the 10 venture capital funds based in Mauritius, and more than 98% of all 14,840 that report sales.