Growth Sense Secures SEBI Nod for ₹1,000 Crore Apex Fund, Launches Foundation to Power India’s Entrepreneurial Future

Growth Sense Private Limited, the Investment Manager of the Growth Sense Apex Fund, today announced that it has received approval from the Securities and Exchange Board of India (SEBI) for its ₹1,000 crore Growth Sense Apex Fund, an AIF Category-2 fund focused on growth-stage opportunities.

At the same time, Growth Sense is launching the Growth Sense India Foundation, a dedicated initiative focused on advancing entrepreneurship, innovation, enterprise creation and entrepreneurial leadership.

Together, the two initiatives mark the next phase of Growth Sense's journey - investing in businesses that can shape India's future while helping build the entrepreneurs and ecosystem that will create them.

From Early-Stage Investing to Institutional Growth Capital

The Growth Sense Apex Fund builds on Growth Sense's experience in early-stage investing through its existing SEBI-registered AIF Category-1 Angel Fund ₹100 crore fund corpus.

• Evaluated Startups: 2,000+
• Completed Investments: 94+
• Investor Network: 3,000+

The Growth Sense Apex Fund represents the natural evolution of this experience into institutional growth capital. The fund will focus on companies that have moved beyond early-stage risk, demonstrated product-market fit, revenue traction, scalable business models and strong execution capabilities, and are now positioned for their next phase of growth.

With a target corpus of ₹1,000 crore, including the green shoe option, the fund will pursue a sector-agnostic strategy across growth-stage private businesses and selected pre-IPO opportunities, with flexibility to participate in select public-market opportunities.

Giving Back by Building the Next Generation

The launch of the Growth Sense India Foundation extends the Group's vision beyond investment. The Foundation has been established to promote entrepreneurship, innovation, startups, enterprise creation and self-employment, while mentoring and empowering aspiring entrepreneurs, founders, innovators, students and other stakeholders.

Its initiatives will span:

• Entrepreneurship education
• Mentoring
• Incubation
• Acceleration
• Networking
• Research
• Knowledge sharing
• Ecosystem development

The Foundation will also work towards building long-term communities of entrepreneurs, mentors, investors and ecosystem partners and promoting ethical entrepreneurship, responsible leadership, good governance and sustainable business practices.

Two Initiatives. One Vision.

The Growth Sense Apex Fund and the Foundation have different purposes, but share a common ambition. The Fund provides capital to businesses ready to scale. The Foundation helps create the entrepreneurs and ecosystem capable of building those businesses.

Together, they represent Growth Sense's broader commitment to India's entrepreneurial future - from creating entrepreneurial capability to providing growth capital, from supporting founders to building market leaders.

Sanjay Sarda, Co-Founder and Director, Growth Sense Group: “The ₹1,000 crore Growth Sense Apex Fund is an important milestone in our evolution from early-stage investing to institutional growth capital... The Fund allows us to invest in India's businesses of tomorrow. The Foundation allows us to invest in the people and ecosystem that will create them.”

Jimish Kapadia, Co-Founder and Director, Growth Sense Group: “The Growth Sense Apex Fund marks the institutionalisation of an investment philosophy built through years of evaluating businesses and partnering with founders... Through the Growth Sense India Foundation, we also want to build the entrepreneurial capabilities and ecosystem that will create the next generation of such businesses.”

Rahul Rameshan, Chief Growth Officer, Growth Sense Group: “For us, growth has never meant simply growing a portfolio. It means creating an ecosystem where more people can build, more businesses can scale and more value can be created for society... We are not just investing in India’s growth story - we want to help build it.”

Building What Comes Next

The approval of the Growth Sense Apex Fund and the launch of the Growth Sense India Foundation mark more than two new initiatives for the Group. They represent the evolution of Growth Sense from an investment platform into a broader entrepreneurial ecosystem.

The journey ahead is therefore not only about investing in growth, but enabling it; not only backing businesses, but building the ecosystem around them.