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India Discovery Fund-2

Category I

Overview

The India Discovery Fund is a disciplined, sector-agnostic growth capital vehicle designed to deliver a targeted 25% gross annual IRR by investing in early-stage, innovative, asset-light companies with proven business models and high-integrity promoters. Through a flexible investment toolkit spanning equity and structured debt instruments like OCDs, CCDs, and CCPS, the fund offers investors an optimized return profile blending consistent dividends with long-term capital gains. By building a highly diversified portfolio across sectors and geographies—and actively supporting it with a powerful network of industry mentors and fund management expertise—the India Discovery Fund systematically converts targeted growth capital into robust investor wealth and inclusive employment generation.

Fund Structure Details

Fund Type

Category I

Category Type

Venture Capital (100%)

Investment Focus

asset-light, innovative Indian startups and SMEs

Fund Currency

INR

Fund size (₹in cr.)

₹500

Green Shoe Corpus (₹in cr.)

₹100

Drawdown (₹in cr.)

-

Commitment Raised (₹in cr.)

-

Sponsor Commitment (₹in cr.)

-

Registration Number

IN/AIF1/24-25/1510

Fund Inception Date

-

First Close Date

-

Last Close Date

-

Last Updated Factsheet

-

Ticket Size (₹in cr.)

₹2.5

Open And Close Ended Fund

Close-Ended

Tenure

7 years

Extension Period

2 years

Lock-in Period

Close-Ended

Residual Tenure

-

Open For Investments

Yes