The Securities and Exchange Board of India (SEBI) has approved Growth Sense Venture Fund as a Category-1 Alternative Investment Fund (Angel Fund), marking a significant boost for India’s startup ecosystem. With a corpus of ₹100 crore, the fund aims to empower early-stage, high-impact startups across sectors like technology, healthcare, consumer goods, and financial services. Growth Sense brings extensive investment expertise, with a portfolio of 88 investments delivering impressive returns, including six startups achieving IRRs above 100%. The fund is supported by an ecosystem of associate companies, including Growth91 for investor-startup connections, Growth Metaverse for tech solutions, Growth Alpha for branding and marketing, Growth Compliances for legal support, and INVIdata for cybersecurity. The sector-agnostic strategy enables broad diversification, creating opportunities in varied markets. Co-founder Sanjay Sarda highlighted, “SEBI approval is a milestone, allowing us to invest in startups driving growth and value in the Indian economy.” The fund is now open for investors, offering a chance to shape India’s next wave of entrepreneurial success. #SEBIApproval #AngelFund #VentureCapital #StartupFunding #IndianStartups #GrowthSense #EarlyStageInvestments #TechInnovation #HealthcareStartups #EntrepreneurshipSupport #TechNews #Technology #Startup #SEBI #Innovation
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