Backing capital-efficient emerging growth enterprises. Investing at the inflection point where proven fundamentals meet untapped growth potential.
India is at an inflection point of growth — with scale, velocity, and maturity converging on capital.
At 6.3–6.9% real GDP growth, India is the fastest-growing major economy with moderate inflation and US$1.05 trillion cumulative FDI inflows.
Over 970 million internet users with Tier-2/3 towns driving 60% of new e-commerce. UPI processed 20B transactions in a single month.
GST, lower corporate tax, and ease-of-doing-business improvements (142 → 63) have transformed India's regulatory landscape.
Population of 1.428 billion with a median age of 29.5 years, adding 10 million new workers annually, fueling consumption growth.
SME IPO fundraising surged from ₹159 crore in 2020 to ₹6,819 crore in 2025 — a 40x increase providing credible exit avenues.
With 159,000+ DPIIT-recognized startups, 73 unicorns, and 150+ pipeline "Gazelles" — India is the 3rd largest startup hub globally.
Venture scale meets enterprise stability — exposure to high-growth ventures and IPO-bound companies, balancing risk with asymmetric upside.
Disciplined allocation across ventures and enterprises with meaningful ownership and follow-on reserves.
| Parameter | Details |
|---|---|
| Investment Thesis | Ready-to-scale MVP with traction and improving unit economics |
| Venture Path | 10–15 startups at INR 7–15 Cr average cheque size |
| IPO-Bound Path | 10–12 enterprises at INR 10–15 Cr cheque size |
| Ownership Target | 7–12%+ equity positions |
| Reserves | 20% of fund reserved for follow-on |
| Exit Philosophy | Series D, IPO, or larger PE investments |
| Standing | Lead / co-investor, preferably with Board representation |
Each investment is backed by a clear exit roadmap and rigorous risk-mitigation practices, ensuring consistency and resilience of returns.
Patent mapping, university partnerships, talent mapping, and predictive market analysis for differentiated deal flow.
Evaluate founder quality, market traction, sector fit, and unit economics through IC feedback loops.
Comprehensive legal, financial, and technical diligence with third-party validation.
SHA, SSA execution, regulatory filings, and capital disbursement.
Hands-on post-investment support: tech, talent, GTM, finance, and fundraising.
We build a cohort of industry leaders to drive interactions, while leveraging economies of scale to strengthen portfolio companies.
Hiring talent, MIS overhaul, and tech scale-up to ensure product readiness.
Go-to-market strategy, branding, and channel partnerships for acceleration.
Capital efficiency and benchmarking for exit preparedness from Day 1.
Access to mentors and partners for global scaling and new market entry.
Introduction to follow-on VCs and SME IPO partnerships with bankers.
Connectivity to a curated network of operators, CXOs, and advisors.
Every investment is evaluated with a defined exit roadmap — ensuring liquidity and alignment with fund timelines.
Structured exits via M&A, SME IPOs, and strategic sales. High-growth ventures target Series C/D exit or acquisition. IPO-bound companies aim for larger PE buyouts or SME IPOs within 2–3 years, with potential graduation to the main board.
We solve LP liquidity challenges through GP-led continuation funds and a family-office network — delivering real, reliable liquidity instead of illiquid shares at maturity. Predictable exits for our limited partners.
Our team's biggest strength lies in complementary expertise across domains — from seed through IPO and beyond.
Right model, right cycle, and right people.
Each partner contributes distinct strengths across capital structuring, operations, networks, and exits.
Existing angel fund (45%+ IRR), credit fund (20%+ IRR). Three companies on path to 10x returns.
Significant GP commitment ensures full alignment with LP outcomes.
Multiple successful exits including Smartworks (IPO), Clovia (3x, acquired by Reliance), and True Credit.
Experience spanning family offices, angel funds, hybrid debt/equity, consulting, and institutional investing.
Hands-on support from seed through IPO and beyond — a balanced, experienced team with redundancy across functions.
Transparent, LP-aligned economics with meaningful GP co-investment.
Interested in learning more about Nandan Sproutlane Fund I? Reach out to our team or submit your interest below.
Category II Alternative Investment Fund
Registration No: IN/AIF2/25-26/1963
Investment Manager: Sproutlane Partners LLP