Venture debt / Private credit · SEBI registry
Ascertis Credit India Fund III
Debt / Venture debt · Private credit / Debt · Gurugram
At a glance
- Stage focus
- Debt / Venture debt
- Primary sector
- Private credit / Debt
- City
- Gurugram
- HQ / office
- Gurugram, Haryana (1002B/1002C, 10th Floor, Time Tower, M.G. Road, 122002)
- Fund registered
- 2020
- Corpus (as reported)
- Group has deployed USD 1.5+ billion across its funds (2025); Fund IV first close c. USD 520m / INR 45bn, target USD 1bn (Nov 2025).
- Website
- www.ascertiscredit.com
- Profile ↗
About
Ascertis Credit (formerly BPEA Credit) is a multi-strategy Asian performing private-credit manager founded in 2011, run by Ascertis Investment Managers; it was part of Baring Private Equity Asia from 2016 and was carved out after BPEA merged with EQT, rebranding to Ascertis Credit in October 2024. This manager also runs the successor Ascertis Credit - India Fund IV.
Investment focus
Performing private credit / structured debt to established mid- and large-size companies across India and ASEAN-6 (growth capital solutions, not equity venture).
Cheque size
Mid-market performing private credit; deal sizes typically INR 100-400 Cr range (not officially published per-deal)
As compiled from public sources — verify with the investor.
SEBI registration
SEBI AIF Category II — reported as “Cat II”
- IN/AIF2/20-21/0820
- IN/AIF2/24-25/1688
SIDBI Fund of Funds
None found
Team & organisation
~30 investment professionals (~38 total across Mumbai, Delhi/Gurugram, GIFT City, Singapore)
Category II AIF (trust) managed by Ascertis Investment Managers Pvt Ltd (formerly BPEA Credit); multi-fund private-credit platform
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Frequently asked
- What does Ascertis Credit India Fund III invest in?
- Performing private credit / structured debt to established mid- and large-size companies across India and ASEAN-6 (growth capital solutions, not equity venture).
- What cheque size does Ascertis Credit India Fund III write?
- As compiled from public sources: Mid-market performing private credit; deal sizes typically INR 100-400 Cr range (not officially published per-deal)
- How do I pitch Ascertis Credit India Fund III 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
- ⚑ Debt / private-credit fund (Cat II, not startup VC); rebrand (ex-BPEA Credit).
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://www.ascertiscredit.com/contact; https://www.ascertiscredit.com/about-us