VC fund (Cat I) · SEBI registry
Alacrity India Fund
Seed · IT / SaaS / Enterprise Software · Pune
At a glance
- Stage focus
- Seed
- Primary sector
- IT / SaaS / Enterprise Software
- City
- Pune
- HQ / office
- Pune, Maharashtra
- Fund registered
- 2018
- Investments on record
- 30
- Corpus (as reported)
- USD 10 million corpus (2017, at launch)
- Website
- legalogic.co.in
About
Alacrity India (Alacrity India Startup Fund) is a Pune-based Category I venture capital AIF backing idea- and accelerator-stage B2B SaaS startups, launched within Sir Terry Matthews' Wesley Clover / Alacrity Global ecosystem in partnership with local promoters. The SEBI-registered email domain (legalogic.co.in) belongs to LegaLogic, the Pune law firm that advised on setting up the fund, not a standalone fund website.
Investment focus
Seed / early-stage venture capital; B2B SaaS and enterprise software/technology startups
Cheque size
Seed funding up to ~USD 750,000 per startup
As compiled from public sources — verify with the investor.
SEBI registration
SEBI AIF Category I — reported as “Cat I”
- IN/AIF1/18-19/0534
SIDBI Fund of Funds
On the SIDBI FFS list
Funds: Alacrity India Fund (pentathlon); Pentathlon India Fund 2
Yes — on official SIDBI FFS supported-AIF list (Alacrity India Fund (pentathlon); Pentathlon India Fund 2)
Notable portfolio
TurboHire; ClearTrust; SellerGeni; Tripeur
Team & organisation
Small; led by General Partner Gireendra Kasmalkar (founder of Ideas to Impacts); operates a 13,000 sq ft incubator in Pune
Category I AIF (VCF / accelerator fund), single fund; backed by Wesley Clover International (Sir Terry Matthews) in collaboration with Pune-based Ideas to Impacts; part of the global Alacrity ecosystem. NOTE: the provided website legalogic.co.in belongs to LegaLogic, the law firm that advised on setting up the fund — it is NOT the fund manager's own site; no official manager website/phone verified
Connect through iHub India
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Frequently asked
- What does Alacrity India Fund invest in?
- Seed / early-stage venture capital; B2B SaaS and enterprise software/technology startups
- What cheque size does Alacrity India Fund write?
- As compiled from public sources: Seed funding up to ~USD 750,000 per startup
- How do I pitch Alacrity India Fund through iHub India?
- Create a free startup account, open a funding round, and send a structured pitch from this profile. If the investor accepts, contact details are shared and the conversation moves into a tracked deal room.
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About this record
Compiled from SEBI registrations and public sources as of 2026-07. iHub India lists investors neutrally and does not endorse, rank, or verify investment terms — confirm all details directly with the investor before transacting.
Sources: https://inc42.com/buzz/b2b-saas-alacrity-india-startup-fund-sebi/; https://tracxn.com/d/venture-capital/alacrity-india/__W4FXJMebdFeCKDYqUgx1AwgNUI_l2OiWorBMO-WfI-8