India’s EntrAhmedabad, India – August 2026 Growth Sense Private Limited, the Investment Manager of the Growth Sense Apex Fund, today announced that it has received approval from the Securities and Exchange Board of India (SEBI) for its ₹1,000 crore Growth Sense Apex Fund, an AIF Category-2 fund focused on
growth-stage opportunities.
At the same time, Growth Sense is launching the Growth Sense India Foundation, a dedicated
initiative focused on advancing entrepreneurship, innovation, enterprise creation and
entrepreneurial leadership.
Together, the two initiatives mark the next phase of Growth Sense’s journey – investing in businesses
that can shape India’s future while helping build the entrepreneurs and ecosystem that will create
them.
From Early-Stage Investing to Institutional Growth Capital
The Growth Sense Apex Fund builds on Growth Sense’s experience in early-stage investing through
its existing SEBI-registered AIF Category-1 Angel Fund ₹100 crore fund corpus.
Growth Sense has evaluated 2,000+ startups, completed 94+ investments and built an
investor network of 3,000+ investors. The Growth Sense Apex Fund represents the natural
evolution of this experience into institutional growth capital. The fund will focus on companies that
have moved beyond early-stage risk, demonstrated product-market fit, revenue traction, scalable
business models and strong execution capabilities, and are now positioned for their next phase of
growth. With a target corpus of ₹1,000 crore, including the green shoe option, the fund will pursue a
sector-agnostic strategy across growth-stage private businesses and selected pre-IPO opportunities,
with flexibility to participate in select public-market opportunities.
Giving Back by Building the Next Generation
The launch of the Growth Sense India Foundation extends the Group’s vision beyond
investment. The Foundation has been established to promote entrepreneurship, innovation,
startups, enterprise creation and self-employment, while mentoring and empowering aspiring
entrepreneurs, founders, innovators, students and other stakeholders. Its initiatives will span
entrepreneurship education, mentoring, incubation, acceleration, networking, research, knowledge
sharing and ecosystem development, while bringing together entrepreneurs, educational
institutions, incubators, accelerators, investors, corporates, industry bodies and other ecosystem
participants. The Foundation will also work towards building long-term communities of
entrepreneurs, mentors, investors and ecosystem partners and promoting ethical entrepreneurship,
responsible leadership, good governance and sustainable business practices.
Two Initiatives. One Vision.
The Growth Sense Apex Fund and the Foundation have different purposes, but share a common
ambition. The Fund provides capital to businesses ready to scale. The Foundation helps create the
entrepreneurs and ecosystem capable of building those businesses. Together, they represent
Growth Sense’s broader commitment to India’s entrepreneurial future – from creating
entrepreneurial capability to providing growth capital, from supporting founders to building market
leaders.
Commenting on the development, Sanjay Sarda, Co-Founder and Director, Growth Sense
Group, said: “The ₹1,000 crore Growth Sense Apex Fund is an important milestone in our evolution
from early-stage investing to institutional growth capital. We have spent years building our
investment framework, evaluating businesses and working alongside founders, and we now want to
take that experience to companies entering their next phase of growth. But our vision cannot end
with investing. The Growth Sense India Foundation is our way of giving back – by helping create
entrepreneurs, capabilities, communities and opportunities. We want to contribute to an ecosystem
where more people can aspire to build, more founders can access the right support, and more Indian
businesses can grow into enduring institutions. “The Fund allows us to invest in India’s businesses of
tomorrow. The Foundation allows us to invest in the people and ecosystem that will create them.”
Jimish Kapadia, Co-Founder and Director, Growth Sense Group, said: “The Growth Sense
Apex Fund marks the institutionalisation of an investment philosophy built through years of
evaluating businesses and partnering with founders. With ₹1,000 crore of growth capital, our focus
is to back proven businesses at their inflection point and help them scale into enduring market
leaders. Through the Growth Sense India Foundation, we also want to build the entrepreneurial
capabilities and ecosystem that will create the next generation of such businesses.”
Rahul Rameshan, Chief Growth Officer, Growth Sense Group, said: “For us, growth has
never meant simply growing a portfolio. It means creating an ecosystem where more people can
build, more businesses can scale and more value can be created for society. The Growth Sense Apex
Fund gives us the capital to back businesses with the potential to become tomorrow’s market
leaders; the Growth Sense India Foundation gives us the opportunity to build the entrepreneurial
capability behind them. We are not just investing in India’s growth story – we want to help build it.”
Building What Comes Next
The approval of the Growth Sense Apex Fund and the launch of the Growth Sense India Foundation
mark more than two new initiatives for the Group. They represent the evolution of Growth Sense
from an investment platform into a broader entrepreneurial ecosystem. The journey ahead is
therefore not only about investing in growth, but enabling it; not only backing businesses, but
building the ecosystem around them.epreneurial Ecosystem
