What cheque size does Equirus Alternative Fund Trust write?

As compiled from public sources: INR 4-8 Cr (approx USD 0.5-1M) for Equirus InnovateX Fund early-stage VC scheme

How do I pitch Equirus Alternative Fund 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) · SEBI registry

Equirus Alternative Fund Trust

Pre-IPO / Late stage · Fintech · Mumbai

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Contact on file — shared on accepted request

At a glance

Stage focus: Pre-IPO / Late stage
Primary sector: Fintech
City: Mumbai
HQ / office: Lower Parel, Mumbai, Maharashtra
Fund registered: 2023
Investments on record: 15
Corpus (as reported): Group PMS AUM disclosed as >Rs 900 cr (PMS); fund-level AIF AUM not publicly disclosed
Website: equiruswealth.com
LinkedIn: Profile ↗

About

Equirus Wealth Pvt Ltd (part of the Equirus financial-services group) is an AMFI-registered MFD, SEBI broker, portfolio manager and AIF manager. Manages the Equirus Alternative Fund Trust (Cat I — InnovateX, startups/IPO) and Equirus Alternative Fund II Trust (Cat II). The registry domain equirusasset.com redirects to the live Equirus Wealth PMS/AIF site.

Investment focus

AIF platform of Equirus Wealth/Equirus Asset Management. The first scheme of Equirus Alternative Fund Trust is the Equirus InnovateX Fund (Cat I AIF, SEBI IN/AIF1/23-24/1398) investing in startups/pre-IPO across healthcare, fintech and SaaS; the group also runs Cat II equity AIFs (e.g. Equirus Flexi Cap Fund). Value-plus-quality, long-term equity philosophy.

Cheque size

INR 4-8 Cr (approx USD 0.5-1M) for Equirus InnovateX Fund early-stage VC scheme

As compiled from public sources — verify with the investor.

SEBI registration

SEBI AIF Category I — reported as “Cat I/Cat II”

IN/AIF1/23-24/1398
IN/AIF2/26-27/2128

SIDBI Fund of Funds

None found — Equirus InnovateX Fund (the early-stage VC scheme under this trust) closed its ₹166 Cr maiden fund with domestic and global individual/operator LPs (e.g. Girish Gaitonde, M.R. Jyothy, Nitin Seth); no SIDBI FFS, government FoF, or DFI LP disclosed in available sources.

Team & organisation

InnovateX Fund team of ~3 (Krishna Jha, Sunder Nookala, Sadhika Agarwal), part of the broader Equirus Group

AIF trust under the Equirus Group (managed by Equirus Capital/Equirus Wealth); multi-scheme platform — houses early-stage VC (Equirus InnovateX Fund) and other AIF/PMS strategies. Trust-structured AIF (registered Cat I/Cat II per source list).

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Frequently asked

What does Equirus Alternative Fund Trust invest in?: AIF platform of Equirus Wealth/Equirus Asset Management. The first scheme of Equirus Alternative Fund Trust is the Equirus InnovateX Fund (Cat I AIF, SEBI IN/AIF1/23-24/1398) investing in startups/pre-IPO across healthcare, fintech and SaaS; the group also runs Cat II equity AIFs (e.g. Equirus Flexi Cap Fund). Value-plus-quality, long-term equity philosophy.
What cheque size does Equirus Alternative Fund Trust write?: As compiled from public sources: INR 4-8 Cr (approx USD 0.5-1M) for Equirus InnovateX Fund early-stage VC scheme
How do I pitch Equirus Alternative Fund 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

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.equirus.com/wealth/contact-us; https://www.indianweb2.com/2026/02/equirus-innovatex-fund-announces-final.html