Ignis Capital Trust is a SEBI registered, Category-II Alternative Investment Fund (Registration No. IN/AIF2/22-23/1074) with a potential fund size of INR 750 Crores that aims to provide venture debt to new-edge, tech-backed, fast growing startups in India.
Fund is managed and sponsored by Ignis Capital Advisors Limited, a Company backed by Centrum Group, India in association with Lion Head Global Partners, UK, who together have local and global experience in Corporate Banking, Wealth Management, Investment Banking, Institutional Equities and Managing Alternative Investment Funds.
Centrum Capital has track record of setting-up and managing funds. Details of their funds are as follows:
- Centrum Credit Opportunities Fund:
Centrum Credit Opportunities Fund is a SEBI category-II Alternative Investment Fund investing in debt / quasi-equity securities in mid-market companies with preference towards consumption themes, core economy, manufacturing & industrial companies.
- Kalpavriksh Fund:
Kalpavriksh Fund is a SEBI category-II Alternative Investment Fund investing in equity and equity- linked investments early stage start-ups with Consumer Products & Services, Health Care and Wellness, Technology Enabled Businesses and Support Services as their preferred sectors. Portfolio companies include The Label Life, HEAL, Dunzo, Littlemore Innovation Labs, The Ayurveda Experience, BluSmart Mobility.
About Ignis Capital
Ignis is a purpose driven fund which supports startups pursuing large opportunities and are committed to create a consistent positive impact.
“Ignis” is a Latin word for “fire”
“Each of us is born with a box of matches inside us but we can’t strike them all by ourselves” ―Laura Esquivel
We all have a fire which keeps us alive, motivated and inspired which can only be ignited with others’ support. The identity of Ignis is inspired from this quote whereby it aims to be that spark to the startups in their growth journey.
- Through Ignis Capital, startups can access tailor-made debt financing options to suit their unique requirements. Financing options which are less dilutive and inculcate fiscal discipline in high growth companies.
- Investors can participate in the high growth startup ecosystem through a unique financing instrument that has periodic coupon and principal repayments with an equity upside.
- Fund’s investment team has been associated with Centrum Group for over 5 years and is guided by a 5-member Investment Committee (IC). Investment Committee comprises of experienced and global bankers with a cumulative experience of over 100 years across gamut of financial services.