About Company
Finvolve Ventures Private Limited
Finvolve Ventures Private Limited is a 50 : 50 Joint Venture between India Accelerator and Finolutions LLP. It offers Startups As An Investment Asset Class through a vast network of Wealth Distributors and Advisors and it is headquartered out of New Delhi (Gurgaon).Finvolve is a collaborative initiative from two elite institutions. India Accelerator is the country’s first institution supported by the Global Accelerator Network (GAN), which helps entrepreneurs reach their full potential by propelling them into the next stage of development. In recognition of the innovative work completed over the last several years, IA was named the ‘Best Accelerator in India’ by the Government at the Startup India Awards. Since its founding in 2017, IA has accelerated over 140 businesses. Finolutions, a business-to-business (B2B) company headquartered in GIFT City, primarily offers business consulting and associated support services to businesses, wealth managers, and independent financial advisers. However, it also helps Financial product makers with market research, reach, and distribution expertise. Among its offerings include startup investments, global goods, AIF, PMS, and others.
IA Growth Opportunities Fund
Fund Snapshot
| Category / Regulations | SEBI Registered AIF Category I (Angel) Fund |
|---|---|
| Term Of The Fund | Seven Years From Final Close (With Possible Extension Of 1 + 1-Year Period) |
| Fund Theme | Sector Agnostic Early Stage Fund With Participation Largely Upto Pre Series A Startups |
| Target Fund Size | Rs. 100 Crores With A Green Shoe Option Of Rs. 50 Crores |
| Minimum Investment | Rs. 25 Lakhs (20% Upfront, Balance In 4 Half-Yearly Drawdowns) |
| Management Fee | Annually 2% On Contributed / Residual Capital |
| Hurdle Rate | 12% Annualised (Without Catchup) |
| Carry | 20% On Profits (Over The Entire Portfolio, After The Hurdle) |
| Target Portfolio Diversification | About 35 startups |
Fund Objective
- To invest in high quality, early stage and growth stage companies, driven by technology.
- To back ambitious and visionary founders who are building disruptive and market leading companies
- To remain sector agnostic in investments and follow portfolio approach
- Not to focus on creating markets (feel it is too expensive). More interested in exploiting market early
In order to help wealth managers optimize returns for their customers and assist the world’s most popular asset class—the startup ecosystem—they are excited to provide a carefully selected transaction flow of startups to them!
Investment thesis
Founders & Leadership
- Emphasis on qualities and capabilities of the founding team
- Deep understanding of their industry, compelling vision and execution ability
Market Differentiation & Tech
- Companies with unique preposition or technology edge
- Businesses with innovative products & services that potentially provide competitive edge
Market Potential
- Companies addressing large and growing markets with potentially significant disruption or innovation
- Businesses that can achieve sustainable competitive advantages with potential market leadership
Scalability & Growth
- Companies with potential of rapid growth and scalability
- Companies that expand their market reach, customer base and revenue significantly over time
Who Can Invest?
An Angel Investor is any person who proposes to invest in an angel fund and satisfies one of the following:
- An Individual Investor who has net tangible assets of at least Rupees Two Crores excluding value of this principal residence, AND who:
- Has early stage investment experience, or
- Has experience as a serial entrepreneur, or
- Is a senior management professional with at least 10 years of experience;
- A Body Corporate with Networth of at least Rupees 10 Crores; OR
- An AIF registered under these regulations or a registered VC Fund
Why Start-Ups?
- Early Participation in business. Often pre-revenue, or in some cases – no customers at all
- Businesses with proven revenue model or sizeable and rapidly growing customer base with revenue visibility
- Businesses with profitable margins, stable cash flows and ability to service significant amount of debt
