Emerging private investment managers in India
Emerging private investment funds in India: first sale in 2021 or later and under $50 million raised, largest first.
Fund
First sale
Raised
Investors
Minimum
Offering
Rangoli India Fund
GIFT City, Gandhinagar, Gujara, IndiaEmergingOffshore
First saleDec 2024
Raised$42.5M
Investors28
Minimum$150K
Offering506(b)
3P India Equity Fund 1M
Mumbai, IndiaEmergingOffshore
First saleFeb 2024
Raised$38.9M
Investors43
Minimum$111K
Offering506(b)
Chanakya Wealth Creation Fund
Gandhinagar, IndiaEmergingOffshore
First saleApr 2024
Raised$30.0M
Investors2
Minimum$150K
Offering506(b)
3PIM India Equity (IFSC) Fund
Gandhinagar Gift City, IndiaEmergingOffshore
First saleMay 2025
Raised$25.9M
Investors3
Minimum$150K
Offering506(b)
IITM Unicorn Frontier Fund I, LP
Mumbai, IndiaEmergingOffshore
First saleJun 2026
Raised$15.0M
Investors36
Minimum$100K
Offering506(b)
DT Fund
Gandhi Nagar, IndiaEmergingOffshore
First saleMay 2025
Raised$13.5M
Investors3
MinimumNone set
Offering506(b)
Carnelian India AmritKaal Fund
Lower Parel (west), Mumbai, IndiaEmergingOffshore
First saleAug 2024
Raised$11.9M
Investors27
Minimum$150K
Offering506(b)
Kotak Iconic India Equity Feeder Fund
Gift City, Gandhinagar, IndiaEmergingOffshore
First saleMay 2025
Raised$11.0M
Investors47
Minimum$150K
Offering506(b)
Neo Secondaries Fund
Gift City, IndiaEmergingOffshore
First saleMay 2025
Raised$8.9M
Investors8
Minimum$150K
Offering506(b)
NEO Special Credit Opportunities Fund II
Gift City, Gandhinagar, IndiaEmergingOffshore
First saleFeb 2025
Raised$7.5M
Investors15
Minimum$150K
Offering506(b)
Kotak Optimus India Allocation Moderate Scheme
Mumbai, IndiaEmerging506(c)Offshore
First saleNov 2024
Raised$7.4M
Investors4
Minimum$125K
Offering506(c)
ICICI Prudential Smart Navigator Fund (IFSC)
Gandhinagar, IndiaEmergingOffshore
First saleFeb 2026
Raised$7.3M
Investors4
Minimum$150K
Offering506(b)
India Offshore Credit Opportunities Fund II
Gandhinagar, IndiaEmergingOffshore
First saleJan 2024
Raised$7.0M
Investors10
Minimum$150K
Offering506(b)
Bandhan India Small Cap Fund SCHEME
Gandhinagar, IndiaEmergingOffshore
First saleJan 2026
Raised$5.2M
Investors1
Minimum$50K
Offering506(b)
Kotak Optimus India Allocation Aggressive Scheme
Mumbai, IndiaEmerging506(c)Offshore
First saleNov 2024
Raised$5.0M
Investors10
Minimum$125K
Offering506(c)
Neo Infra Income Opportunities Fund I
Gift City, Gandhinagar, IndiaEmergingOffshore
First saleNov 2024
Raised$4.0M
Investors5
Minimum$150K
Offering506(b)
Vivriti Short Term Debt Fund
Chennai, IndiaEmergingOffshore
First saleJan 2026
Raised$3.3M
Investors1
Minimum$3.0M
Offering—
ValueQuest India G.I.F.T. Fund
Gift City,gandhinagar, Gujarat, IndiaEmergingOffshore
First saleFeb 2025
Raised$2.8M
Investors13
Minimum$150K
Offering506(b)
HDFC India Flexi Cap Fund
Gift Sez, Gandhinagar,gujarat, IndiaEmergingOffshore
First saleOct 2024
Raised$2.6M
Investors12
Minimum$150K
Offering506(b)
Neo Infra Income Opportunities IFSC Fund II
Gift Sez, Gandhinagar, IndiaEmergingOffshore
First saleMar 2026
Raised$2.3M
Investors3
Minimum$150K
Offering506(b)
TF Technology Investments I LLC
Bengaluru, IndiaEmergingOffshore
First saleMar 2025
Raised$2.2M
Investors70
MinimumNone set
Offering506(b)
Sageone India Growth Gift Fund
Gift City Gandhinagar, IndiaEmerging506(c)Offshore
First saleAug 2024
Raised$1.4M
Investors6
Minimum$150K
Offering506(c)
TF Technology Investments II LLC
Bengaluru, IndiaEmergingOffshore
First saleMar 2025
Raised$1.3M
Investors20
MinimumNone set
Offering506(b)
HDFC India Mid-Cap Opportunities Fund
Gift Sez, Gandhinagar, Gujarat, IndiaEmergingOffshore
First saleOct 2024
Raised$1.2M
Investors4
Minimum$150K
Offering506(b)
TF Technology Investments IV LLC
Bengaluru, IndiaEmergingOffshore
First saleMay 2025
Raised$875K
Investors22
MinimumNone set
Offering506(b)
TF Technology Investments XI LLC
Bengaluru, IndiaEmergingOffshore
First saleJul 2025
Raised$865K
Investors24
MinimumNone set
Offering506(b)
TF Technology Investments LLC
Bengaluru, IndiaEmergingOffshore
First saleNov 2024
Raised$804K
Investors1
MinimumNone set
Offering506(b)
Avendus Margin of Safety Fund
Mumbai, IndiaEmergingOffshore
First saleApr 2025
Raised$579K
Investors1
Minimum$113K
Offering506(b)
TF Technology Investments IX LLC
Bengaluru, IndiaEmergingOffshore
First saleJun 2025
Raised$543K
Investors23
MinimumNone set
Offering506(b)
TF Technology Investments X LLC
Bengaluru, IndiaEmergingOffshore
First saleJul 2025
Raised$540K
Investors13
MinimumNone set
Offering506(b)
ValueQuest India Scale II Offshore Fund
Gandhinagar, IndiaEmergingOffshore
First saleOct 2025
Raised$500K
Investors2
Minimum$250K
Offering506(b)
ASKWA India Opportunities Fund
Gandhinagar, IndiaEmergingOffshore
First saleJun 2025
Raised$450K
Investors3
Minimum$50K
Offering506(b)
TF Technology Investments V LLC
Bengaluru, IndiaEmergingOffshore
First saleApr 2025
Raised$306K
Investors15
MinimumNone set
Offering506(b)
HDFC India Small Cap Fund
Sez, Gift City, Gandhinagar, IndiaEmergingOffshore
First saleAug 2025
Raised$300K
Investors2
Minimum$150K
Offering506(b)
Wealth Co Bharat Value IFSC Fund
Gandhinagar, IndiaEmergingOffshore
First saleAug 2025
Raised$300K
Investors2
MinimumNone set
Offering506(b)
TF Technology Investments III LLC
Bengaluru, IndiaEmergingOffshore
First saleJun 2025
Raised$268K
Investors11
MinimumNone set
Offering506(b)
NovaaOne Altiverse Fund
Mumbai, IndiaEmergingOffshore
First saleOct 2026
Raised$150K
Investors1
Minimum$105K
Offering506(b)
AIVOT Capital Fund
Gandhinagar, IndiaEmergingOffshore
First saleJun 2025
Raised$100K
Investors1
Minimum$150K
Offering506(b)
Phillip India Billion Opportunities Fund
Gift City, Gandhinagar, IndiaEmergingOffshore
First saleMar 2026
Raised$0
Investors0
Minimum$150K
Offering506(b)