Private equity (Cat II) · SEBI registry
Ashika Private Equity Trust
Growth (Series C+) · Consumer Internet & Marketplaces · Kolkata
At a glance
- Stage focus
- Growth (Series C+)
- Primary sector
- Consumer Internet & Marketplaces
- City
- Kolkata
- HQ / office
- Kolkata, West Bengal (Trinity, 226/1 A.J.C. Bose Road, 7th Floor)
- Fund registered
- 2025
- Investments on record
- 7
- Website
- ashikaprivateequity.com/
About
Private equity arm of Kolkata-based Ashika Group (financial services firm founded 1994). Manages the Category II AIF 'Ashika Growth Equity Fund I' (SEBI IN/AIF2/25-26/1927), investing growth equity into India's manufacturing and consumer sectors. Investment manager is Ashika Private Equity Advisors Pvt. Ltd.
Investment focus
Growth-stage private equity in B2B and B2C manufacturing and consumer companies with proven product-market-fit and profitable unit economics; India-headquartered businesses
SEBI registration
SEBI AIF Category II — reported as “Cat II”
- IN/AIF2/25-26/1927
SIDBI Fund of Funds
None found
Notable portfolio
Lohum; Hosteller; Balwaan; Health Fab; Jupiter; Shree Tech Data; Maiz
Team & organisation
~5 investment professionals (3 co-founders/managing partners: Sarvesh Kanodia, Chirag Jain, Sougata Roy; plus 1 senior associate, 1 analyst) and 4 operating advisors
Trust-based single-fund Category II AIF (Ashika Growth Equity Fund I; SEBI IN/AIF2/25-26/1927); investment manager is Ashika Private Equity Advisors Pvt Ltd
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Frequently asked
- What does Ashika Private Equity Trust invest in?
- Growth-stage private equity in B2B and B2C manufacturing and consumer companies with proven product-market-fit and profitable unit economics; India-headquartered businesses
- How do I pitch Ashika Private Equity Trust 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
- ⚑ PE (growth private equity, Cat II — not classic startup VC)
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://ashikaprivateequity.com/; https://ashikaprivateequity.com/team/sarvesh-kanodia/