Equentis Wealth Advisory Services has launched its inaugural Category I Alternative Investment Fund (AIF) – the Equentis Angel Fund. With a target corpus of ₹500 crore ($60 million), the Equentis Angel Fund is poised to back early-stage, high-growth Indian startups.
Focusing on Pre-Series A and Bridge-to-Series A rounds, the fund will make investments in the range of ₹4–₹10 crores ($500K–$1.2 million). Startups operating with a Total Addressable Market (TAM) of ₹8,000 crore ($1 billion) and a strong growth trajectory will be the core focus of the fund.
Over the next 18-24 months, Equentis’ Angel fund plans to invest in 40-50 startups, focusing on themes from Defence, Consumer Tech, Deep Tech, Logi Tech, Fin Tech & AI seeking growth capital to scale their businesses.
Equentis has made its first investment in a logitech startup, Yatnavat Technologies Private Limited operating under the brand OORJAA.
Manish Goel, Founder & Managing Director of Equentis Wealth Advisory Services, said, “Furthering our mission to democratize wealth creation, we have added Equentis Angel Fund, offering a broader financial ecosystem that fosters sustainable growth for both investors and entrepreneurs. This fund embodies our commitment to empower startups and driving meaningful contributions to India’s entrepreneurial ecosystem while creating lasting value for all stakeholders.”
“With the launch of the Equentis Angel Fund, we are offering alternative investment avenues for investors that complement their existing portfolios. In response to the evolving needs of our investors and the wealth management landscape, we have taken a significant step by expanding from Investment Advisory to a full-spectrum Wealth Management Services, diversifying our business for a more robust future,” said Rakesh Gupta, Chief Operation & Compliance Officer at Equentis Wealth Advisory Services.
