Growth Sense Venture Fund receives SEBI approval as Category 1 AIF

Growth Sense Venture Fund received approval from the Securities and Exchange Board of India (SEBI) to launch its operations. The fund aims to invest in early-stage startups across various sectors, including technology, healthcare, and consumer goods. Growth Sense Venture Fund plans to raise Rs 500 crore in its first fund, with a focus on supporting innovative startups with high growth potential. The fund will provide not only financial support but also strategic guidance and mentorship to its portfolio companies. The approval from SEBI marks a significant milestone for Growth Sense Venture Fund, enabling it to start its investment activities and contribute to the growth of the Indian startup ecosystem.