India Fund Insights
SEBI, AIFs, and a domestic VC market that won't sit still.
India's AIF ecosystem is growing quickly. SEBI's three-category framework gives you real structural flexibility, and the domestic startup market keeps getting bigger. Topics here include SEBI AIF registration, Category I/II/III fund structures, and how Indian fund administration works in practice.
India's accredited investor framework: how it changes your fundraising math
Accredited investors can commit as little as INR 25 lakhs to your AIF instead of the standard INR 1 crore minimum. That difference reshapes who you can raise from and how.
NISM certification for AIF managers: what changed in June 2025 and what you need to do
SEBI now requires at least one member of your investment team to hold NISM Series-XIX-C or XIX-D certification. If you are launching an AIF, this is not optional.
AIF category selection in India: the decision that shapes everything else
Category I, II, or III — the AIF category you pick determines your tax treatment, investment restrictions, investor base, and regulatory burden. Get it wrong and you cannot easily switch.
SEBI AIF registration: what the process actually looks like from the inside
SEBI registration takes 60-90 days if your application is complete. Most first-time managers add months by underestimating the PPM requirements and merchant banker coordination.
VC fund pricing in India
₹2,000k
+ 0.75%
of fund size
Best for funds from ₹20 Cr to ₹200 Cr
₹3,500k
+ 0.5%
of fund size
Best for funds ₹201 Cr – ₹2,000 Cr
Custom
Best for funds over ₹2,000 Cr