Cactus Partners Trust

Stage focus

Growth (Series C+)

Primary sector

Manufacturing & Industrials

City

Mumbai

HQ / office

Mumbai, Maharashtra (One Lodha Place, Lower Parel)

Fund registered

2020

Investments on record

12

Corpus (as reported)

Maiden fund final close at ₹630 crore (~$75.8 Mn); raising Cactus Partners Trust II

Website

www.cactuspartners.in

LinkedIn

Profile ↗

Cactus Partners (Cactus Venture Partners), founded 2020 in Mumbai, is an early-growth equity fund backed by Cactus Communications' founders (Anurag Goel) and DFIs including SIDBI, SRI Fund and the UP Startup Fund; ~70 LPs (~60% Indian, 40% overseas). Note the SEBI-registered email domain cactusglobal.com belongs to the affiliated Cactus Communications, while the VC arm's site is cactuspartners.in (formerly cactusvp.com).

Early-growth / growth equity — advanced manufacturing (electronics, critical minerals, materials), technology (AI, cybersecurity, health-tech, semiconductors, space-tech, robotics) and consumer brands

Early-growth / Series A; round sizes ~USD 1-20 Mn (firm leads ~Rs 30-60 Cr+ rounds); plans ~15 companies in Fund I

As compiled from public sources — verify with the investor.

SEBI AIF Category II — reported as “Cat II”

• IN/AIF2/20-21/0842
• IN/AIF2/25-26/2013

On the SIDBI FFS list

Funds: Cactus Partners Fund I

Yes — on official SIDBI FFS supported-AIF list (Cactus Partners Fund I)

Lohum; Intangles; Indigrid Technology; Bellatrix Aerospace; Kapture; Ananant; Brandworks; Auric

~6 investment professionals (3 GPs: Amit Sharma, Anurag Goel, Rajeev Kalambi; 1 Principal; 2 Senior Associates) of ~16 total

Cactus Partners Trust — Category II AIF (Cactus Partners Fund I); managed by Cactus Partners LLP / Cactus Venture Partners, Mumbai; single-fund early-growth VC (cactusvp.com redirects to cactuspartners.in)

What does Cactus Partners Trust invest in?

Early-growth / growth equity — advanced manufacturing (electronics, critical minerals, materials), technology (AI, cybersecurity, health-tech, semiconductors, space-tech, robotics) and consumer brands

What cheque size does Cactus Partners Trust write?

As compiled from public sources: Early-growth / Series A; round sizes ~USD 1-20 Mn (firm leads ~Rs 30-60 Cr+ rounds); plans ~15 companies in Fund I

How do I pitch Cactus Partners 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.

VC fund (Cat II)

108 Capital Venture Fund

Growth (Series C+) · Not disclosed · Bengaluru

Contact on file

VC fund (Cat I)

35North India Growth Fund Trust

Growth (Series C+) · Fintech · Mumbai

Approx USD 0.5-3M (INR ~3-20 Cr) per company; 8-10 companies targeted (per inc42 / fund reporting)Contact on file

VC fund (Cat II)

A91 Partners

Growth (Series C+) · Financial services (non-tech) · Mumbai

Typically USD 10M-50M per company (approx INR 80-400+ Cr), targeting ~15 companies per fund.Contact on file

VC fund (Cat II)

a99 Investment AIF Trust

Growth (Series C+) · Manufacturing & Industrials · Chennai

INR 20-80 Cr (pre-Series A to pre-Series B cheques, Fund III)Contact on file

VC fund (Cat II)

Aaroh Capital Trust

Growth (Series C+) · Not disclosed · Bengaluru

Contact on file

Private equity (Cat II)

Access Fund Trust

Growth (Series C+) · Sector agnostic · Mumbai

Contact on file

All Growth (Series C+) investors →

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://entrackr.com/2024/02/cactus-venture-marks-final-close-of-fund-i-at-rs-630-cr/; https://inc42.com/buzz/cactus-venture-partners-announces-final-close-of-maiden-fund-at-inr-630-cr/