Veloce Fintech, a subsidiary of the lemon group, launched the Veloce Opportunities Fund, an alternative category II investment fund registered in SEBI (AIF) designed to offer a debt of venture capital and pre-time funding at micro, small and medium -sized businesses.
Based in Surat, Veloce Fintech has already obtained commitments worth more than RS 140 crore, including an option of green shoes RS 40 crores.
The company is targeting a total corpus of Rs 200 crores, which should close in the coming months. On the increase of RS 140 increased, total withdrawal and deployment have already crossed Rs 100 crosses.
A new fund exceeds Rs 140 Core in commitments
Veloce Fintech said that a mixture of individuals, non -resident Indians and corporate entities contributed to the success of the fund.
It was overwritten by 2.7 times, reflecting strong market confidence in the Veloce plan to fill the gap between growth capital requirements and structured investment opportunities.
The systematic approach to the fund, which combines financial expertise and technology analysis, has already aroused the interest of investors wishing to take full participation.
Focus on venture capital debt and pre-time funding
Veloce Opportunities Fund has watched to invest in more than 20 business In various sectors such as manufacturing, technology, real estate, health care and services.
By providing venture capital debt and pre-time funding, the fund aims to support companies with clear growth trajectories, solid governance standards and scalable models. This model is designed to help emerging companies in India secure the capital they need to develop.
Sectoral-angnostic approach for long-term growth
Although the fund adopts a strategy of sectoral agnostic, it emphasizes a solid reasonable diligence which includes the evaluation of financial performance measures, innovation capacity and market potential.
Veloce Fintech plans to provide yields of more than 18% by taking advantage of coherent interest income and faster cash flow associated with debt investments. This structure is intended to ensure higher stability in payments and the drop in volatility for investors.
Leadership comments
Veloce Fintech was founded by the lemon group and is led by the veteran of industry Nirav Jogani, who said that the fund is filming a crucial market gap for MPME.
“By taking advantage of our centralized investment dashboard, we provide unrivaled transparency and efficiency for our investors, offering real -time updates and funding information. This structured and data -focused approach allows us to unlock the value not only for our stakeholders but also for the dynamic entrepreneurial ecosystem, which is ready for significant growth in the coming years, “said Jogani .