VentureX Fund I

Overview

VentureX Fund I is a private equity fund focusing on high-growth opportunities within India's SME sector. The fund is managed by Alpha AIF, a SEBI-registered Category I Alternative Investment Fund, and aims to identify and invest in small and medium-sized enterprises with strong growth potential. The fund's investment philosophy emphasizes the alignment of share prices with earnings and value creation, supporting visionary founders leading scalable and fundamentally strong businesses in emerging sectors. The fund's strategy involves investing in pre-IPO, anchor, and listed SMEs, aiming to capture early-stage business growth and sectoral tailwinds. It follows a diversified allocation strategy, investing 0.5%–2% per company across approximately 100 businesses. The fund applies a proprietary LMVT framework—Leadership, Moat, Valuation, and Tailwinds—to identify businesses with scalable models, strong governance, sustainable earnings growth, and sectoral advantages. VentureX Fund I offers a curated path to participate in India's next wave of entrepreneurial wealth creation, with a 12% hurdle rate, performance-based carry, and an average holding period designed to align with SME migration to mainboard listings. The fund's disciplined approach ensures a balance between mitigating risks and maximizing long-term returns, supporting businesses with a strong execution history, competitive moats, and clear growth trajectories, particularly those bolstered by sectoral tailwinds.

Investment Focus

• Focus on SMEs with strong leadership and competitive advantages
• Alignment with the fund's LMVT framework

Portfolio Companies