A venture capital fund pools capital to back start-ups and emerging businesses, usually through equity or equity-linked instruments. It is a Category I AIF because SEBI regards the activity as socially or economically desirable.
What this usually involves
- Choice of trust, LLP or company for the fund vehicle
- Investment conditions and concentration limits under the AIF Regulations
- Drawdown, fee and carry terms in the contribution agreement
How we help
We structure the fund, settle the terms with your investors in mind and take the registration forward.
Frequently asked questions
How long does it take to set up Venture Capital Fund (VCF)?
The timeline depends on the product, how ready your documents and information are, and the regulator’s review. We give a realistic estimate in the proposal and update it as the work progresses.
Do you guarantee regulatory approval?
No adviser can. Approval rests with the regulator. What we do is prepare your structure, documents and filings to the standard the process demands and manage the process closely.
Can we engage you for only one stage of the work?
Both are possible. Most clients engage us across structuring, documentation, regulatory execution and launch readiness, but you can engage us for a specific stage.
Do you support us after launch?
Yes. Our Launch Readiness workstream and post-incorporation support help you onboard investors and meet your ongoing obligations.
How do I get started?
Share a short brief about your fund or offering. We will revert to discuss scope and next steps.
Related AIF options
- Category I Venture Capital Fund (VCF) Category I AIF investing in early-stage, high-growth businesses.
- Category I Angel Fund A venture capital sub-category built for angel investor networks.
- Category I SME Fund Category I AIF focused on small and medium enterprises.
- Category I Social Venture Fund Category I AIF investing for measurable social impact.
- Category I Infrastructure Fund Category I AIF investing in infrastructure and related sectors.
- Category I Special Situation Fund AIF strategy for stressed assets and special situations.
- Category II Private Equity (PE) Fund Category II AIF for private equity investment.
- Category II Debt Fund Category II AIF investing in debt and debt-like instruments.
- Category II Fund of Funds (FoF) AIF that invests in other AIFs, in Category II or Category III.
- Category II Real Estate Fund Category II AIF investing in real estate assets and projects.
- Category III Hedge Fund Category III AIF using complex or leveraged trading strategies.
- Category III Long-Only Fund Category III AIF taking long positions in listed securities.
- Category III Fund of Funds (FoF) A fund of funds can also be set up in Category III.
- Large Value Fund (LVF) Overlay on Category I, II and III.
Speak to Finleaf
Planning a fund, a PMS or a listing? Let’s structure it properly from the start.