VC fund (Cat II) · SEBI registry
Blackhill Fund I
Growth (Series C+) · Private credit / Debt · Mumbai
At a glance
- Stage focus
- Growth (Series C+)
- Primary sector
- Private credit / Debt
- City
- Mumbai
- HQ / office
- Mumbai, Maharashtra (Bandra Kurla / Govandi East per registry)
- Fund registered
- 2024
- Website
- blackhillfund.com
- Profile ↗
About
BlackHill Fund Management is a SEBI-registered Category II AIF based in Mumbai (established 2024), positioning itself as 'patient capital for the long climb' for growth-stage, profitable Indian companies. Per its own site, BlackHill's portfolio 'will be published as investments are made', so no portfolio companies are disclosed yet.
Investment focus
Category II AIF; backs PAT-positive growth-stage Indian companies. Invests via equity, structured debt and real assets across food, agri, fintech, rural, healthcare and sustainability sectors; cheque size ~₹40–80 crore per company over a 5–8 year horizon
Cheque size
INR 40-80 Cr per portfolio company
As compiled from public sources — verify with the investor.
SEBI registration
SEBI AIF Category II — reported as “Cat II”
- IN/AIF2/24-25/1548
SIDBI Fund of Funds
None found
Team & organisation
~12-person team incl. 1 partner (Managing Partner Rajesh Ranjan, CFA; ex-NABVENTURES/CapAleph); 2 designated LLP partners (Rajesh Ranjan, Sunita Bharti)
LLP-managed Category II AIF — manager Blackhill Fund Management LLP (LLPIN ACF-5785, Mumbai); single growth fund (Blackhill Fund I) using PE+VC strategy in consumer/food/healthcare/climate/fintech
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Frequently asked
- What does Blackhill Fund I invest in?
- Category II AIF; backs PAT-positive growth-stage Indian companies. Invests via equity, structured debt and real assets across food, agri, fintech, rural, healthcare and sustainability sectors; cheque size ~₹40–80 crore per company over a 5–8 year horizon
- What cheque size does Blackhill Fund I write?
- As compiled from public sources: INR 40-80 Cr per portfolio company
- How do I pitch Blackhill Fund I 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://blackhillfund.com/; https://in.linkedin.com/company/blackhillfund