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VentureX Fund

Category I

Overview

VentureX Fund is a SEBI-registered Category I AIF managed by Alpha AMC, focused exclusively on India's SME sector. The fund has a proposed fund size of ₹250 crores with a green shoe option of ₹250 Crores, suitable for investors with 8 year investment horizon, and invests across Pre-IPO, IPO, QIP, and secondary opportunities in listed and pre-listed SMEs. Stock selection follows a proprietary LMVT framework (Leadership, Moat, Valuation, Tailwinds) supported by an internal forensic due-diligence process, with the investment team led by Fund Manager Rajesh Singla, CIO Ishima Singla, and Portfolio Manager Maneesh Nath. The fund's thesis rests on the historical outperformance of India's SME segment relative to broader indices, along with strong tailwinds from government policy support and the sector's meaningful contribution to India's GDP, exports, and employment. As of June 2026, the fund has onboarded 195 investors with total commitments of approximately ₹244.71 crores, deploying capital across a diversified portfolio spanning AI, chemicals, manufacturing, defense, and consumer sectors. As with any AIF investment, it carries a 1 crore minimum ticket size, and with expected returns close to 36-60%.

Fund Structure Details

Fund Type

Category I

Category Type

SME Focused (100%)

Investment Focus

SME

Fund Currency

INR

Fund size (₹in cr.)

₹500

Green Shoe Corpus (₹in cr.)

₹250

Drawdown (₹in cr.)

₹111

Commitment Raised (₹in cr.)

₹256

Sponsor Commitment (₹in cr.)

₹5

Registration Number

IN/AIF1/24-25/1565

Fund Inception Date

01-01-2025

First Close Date

28-02-2025

Last Close Date

31-03-2027

Last Updated Factsheet

15-07-2026

Ticket Size (₹in cr.)

₹1

Open And Close Ended Fund

Close-Ended

Tenure

10 years

Extension Period

2 years

Lock-in Period

Close-Ended

Residual Tenure

8Y 5M

Open For Investments

Yes