VC fund (Cat II) · SEBI registry
BlueGreen Trust I
Early stage (Pre-Series A) · Climate & Clean energy · Mumbai
At a glance
- Stage focus
- Early stage (Pre-Series A)
- Primary sector
- Climate & Clean energy
- City
- Mumbai
- HQ / office
- Mumbai (BKC, Bandra East), Maharashtra; second office in New Delhi
- Fund registered
- 2024
- Investments on record
- 4
- Corpus (as reported)
- Maiden fund target ~USD 75 million (2025-26)
- Website
- bluegreen.vc
- Profile ↗
About
BlueGreen Ventures is an Indian early-stage VC firm founded by Rajeev Suri and Anup Jain; BlueGreen Trust I is its SEBI-registered AIF vehicle investing in climate, fintech and new-consumer startups.
Investment focus
Early-stage and IPO-ready venture capital; climate/clean-energy, fintech, and new-consumer ('post-AI careers', 'salt & pepper economy') sectors
Cheque size
INR 7-12 Cr per startup (per Inc42/Entrepreneur)
As compiled from public sources — verify with the investor.
SEBI registration
SEBI AIF Category II — reported as “Cat II”
- IN/AIF2/24-25/1611
SIDBI Fund of Funds
Yes — fund disclosed that its LP base includes 'government bodies' (alongside angels, founder-investors and family offices) per DealStreetAsia/Inc42 coverage of the USD 75M maiden fund; specific SIDBI FFS commitment not separately confirmed. Source: dealstreetasia.com / inc42.com
Notable portfolio
Ixigo; MobiKwik; Battery Smart; Varaha
Team & organisation
2 founding partners (Anup Jain, Rajeev Suri — both ex-Orios Venture Partners managing partners), plus small early team
BlueGreen Ventures-managed Cat II AIF (BlueGreen Trust I); single maiden fund, two-pronged early-stage + pre-IPO/growth strategy
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 BlueGreen Trust I? Claim this profile to keep it current and receive pitches directly.
Frequently asked
- What does BlueGreen Trust I invest in?
- Early-stage and IPO-ready venture capital; climate/clean-energy, fintech, and new-consumer ('post-AI careers', 'salt & pepper economy') sectors
- What cheque size does BlueGreen Trust I write?
- As compiled from public sources: INR 7-12 Cr per startup (per Inc42/Entrepreneur)
- How do I pitch BlueGreen Trust 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://www.bluegreen.vc/; https://www.dealstreetasia.com/stories/bluegreen-ventures-debut-fund-419274