Private equity (Cat II) · SEBI registry
HEGD GROWTH EQUITY FUND
Growth (Series C+) · Rural / Bharat · Chennai
At a glance
- Stage focus
- Growth (Series C+)
- Primary sector
- Rural / Bharat
- City
- Chennai
- HQ / office
- Anna Nagar, Chennai, Tamil Nadu
- Fund registered
- 2025
- Investments on record
- 1
- Corpus (as reported)
- Announced first close of a ~Rs 100 crore Growth Equity Fund (2025); firm site cites ~Rs 500 crore AUM managed
- Website
- hegdinvst.com
About
HEGD / Hegdinvst is an investment manager founded in 2025 by Aditya Bhandari, a Chartered Accountant with ~16 years at Incofin Investment Management, backing entrepreneurs serving India's underserved majority with a capital-protection-oriented growth-equity strategy.
Investment focus
Growth / pre-Series A private equity into financial-inclusion and 'Bharat' NBFCs and lenders serving India's underserved majority in Tier 2-6 towns (secured MSME, vehicle and rural finance); capital-protection / hedged strategy
SEBI registration
SEBI AIF Category II — reported as “Cat II”
- IN/AIF2/25-26/2032
SIDBI Fund of Funds
None found
Notable portfolio
Dugar Finance & Investments (Pre-Series A, ~Rs 45 crore / $5M, led by Hegdinvst)
Team & organisation
~11 core investment & operations professionals (Managing Partner Aditya Bhandari + investment managers/analysts across private equity and public markets)
HegdInvst-managed Category II AIF (growth equity), founded 2025; Aditya Bhandari, Managing Partner & Fund Manager
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Frequently asked
- What does HEGD GROWTH EQUITY FUND invest in?
- Growth / pre-Series A private equity into financial-inclusion and 'Bharat' NBFCs and lenders serving India's underserved majority in Tier 2-6 towns (secured MSME, vehicle and rural finance); capital-protection / hedged strategy
- How do I pitch HEGD GROWTH EQUITY 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.
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About this record
- ⚑ none (growth/PE-style equity into financial-inclusion NBFCs; relatively new manager, 2025)
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.hegdinvst.com/team; https://www.dealstreetasia.com/stories/hegdinvst-dugar-finance-477607