Venture debt / Private credit · SEBI registry
Asia Pragati Strategic Investment Fund
Debt / Venture debt · Private credit / Debt · New Delhi
At a glance
- Stage focus
- Debt / Venture debt
- Primary sector
- Private credit / Debt
- City
- New Delhi
- HQ / office
- Delhi Aerocity (Worldmark-2, Asset Area 8, Hospitality District), New Delhi
- Fund registered
- 2018
- Investments on record
- 1
- Website
- asiapragati.com
- Profile ↗
About
Cat II AIF managed by Asia Pragati Capfin Pvt Ltd (an RBI-registered NBFC), the India structured-credit/special-situations platform associated with PAG, the Asia-focused global alternative investment firm. Invests in private/distressed debt and structured real-estate credit; its asiapragati.com domain redirects to pag.com.
Investment focus
Private credit / structured debt — special situations, distressed and real-estate / construction structured credit in India (not startup VC). Cat II debt-oriented fund.
SEBI registration
SEBI AIF Category II — reported as “Cat II”
- IN/AIF2/18-19/0542
SIDBI Fund of Funds
None found (private-debt fund managed by global firm PAG; not a SIDBI-FFS / startup vehicle)
Notable portfolio
Ricardo Constructions (Shapoorji Pallonji Group subsidiary) — INR 505 crore bond
Team & organisation
~2-10 employees per LinkedIn (India chapter); MD Nisheeth Saran
Category II AIF private-debt fund (SEBI IN/AIF2/18-19/0542), the India platform of global alternatives manager PAG; entity Asia Pragati Capfin Pvt Ltd
Connect through iHub India
Open a funding round and send a structured pitch from this profile. It's recorded now and delivered the moment this investor joins iHub India; if they accept, contact details are shared and the conversation moves into a tracked deal room.
Raising a round? Send a funding pitch with your traction — an acceptance opens a tracked deal room. Mentors, incubators, corporates and students can request an intro instead.
Work at Asia Pragati Strategic Investment Fund? Claim this profile to keep it current and receive pitches directly.
Frequently asked
- What does Asia Pragati Strategic Investment Fund invest in?
- Private credit / structured debt — special situations, distressed and real-estate / construction structured credit in India (not startup VC). Cat II debt-oriented fund.
- How do I pitch Asia Pragati Strategic Investment 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.
Similar investors
Venture debt / Private credit
360 ONE Asset (ex-IIFL PE)
Debt / Venture debt · Private credit / Debt · Mumbai
VC fund (Cat II)
5 RIVERS CAPITAL TRUST I
Early stage (Pre-Series A) · Private credit / Debt · Mumbai
Venture debt / Private credit
A K ALTERNATIVE INVESTMENTS TRUST II
Debt / Venture debt · Private credit / Debt · Mumbai
Venture debt / Private credit
Acrobat Capital Fund I
Debt / Venture debt · Private credit / Debt · Bengaluru
Venture debt / Private credit
ADM Capital India AIF Trust
Debt / Venture debt · Private credit / Debt · Bengaluru
VC fund (Cat I)
Aikyam Stressed Assets Trust
Not disclosed · Private credit / Debt · Mumbai
About this record
- ⚑ PE/credit (Cat II) — debt / special-situations fund, NOT startup VC; real-estate-linked credit; affiliated with foreign (Hong Kong-HQ) PAG group
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://in.linkedin.com/company/asia-pragati2-capfin-private-limited; https://chambers.com/articles/asia-pragati-strategic-investment-fund-inr-505-crores-bond-raise