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VC fund (Cat II) · SEBI registry

IAN Alpha Trust

Growth (Series C+) · Fintech · New Delhi

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Contact on file — shared on accepted request

At a glance

Stage focus
Growth (Series C+)
Primary sector
Fintech
HQ / office
New Delhi (Qutab Institutional Area)
Fund registered
2022
Investments on record
260
Corpus (as reported)
₹1,000 crore (~US$125M) corpus; closed at ~US$100M (2023-24)
LinkedIn
Profile ↗

About

IAN Alpha Trust is the legal vehicle behind the IAN Alpha Fund, the second fund of IAN Group (Indian Angel Network), India's largest early-stage investment platform. It is a SEBI Category II AIF investing in early/growth-stage technology startups.

Investment focus

Early/growth-stage venture capital; fintech, healthtech/medtech, deeptech, spacetech, agritech, renewable energy, SaaS, D2C, hardware & electronics, manufacturing/Industry 4.0

Cheque size

USD 1-5 Mn per company (early/growth-stage tech)

As compiled from public sources — verify with the investor.

SEBI registration

SEBI AIF Category II — reported as “Cat II

  • IN/AIF2/22-23/1127

SIDBI Fund of Funds

On the SIDBI FFS list

Funds: IAN Alpha Fund

Yes — on official SIDBI FFS supported-AIF list (IAN Alpha Fund)

Notable portfolio

Dhruva Space; Lamark Biotech; Prantae Solutions; Serigen Mediproducts; SportVot; D-Propulse Aerospace; EndureAir Systems

Team & organisation

Investment manager (Indian Angel Network Services Pvt Ltd) with IAN Group's 500+ member network; small dedicated fund team

Category II AIF (trust, SEBI Reg. IN/AIF2/22-23/1127) managed by Indian Angel Network Services Pvt Ltd; part of multi-fund IAN Group

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Frequently asked

What does IAN Alpha Trust invest in?
Early/growth-stage venture capital; fintech, healthtech/medtech, deeptech, spacetech, agritech, renewable energy, SaaS, D2C, hardware & electronics, manufacturing/Industry 4.0
What cheque size does IAN Alpha Trust write?
As compiled from public sources: USD 1-5 Mn per company (early/growth-stage tech)
How do I pitch IAN Alpha 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://iangroup.vc/; https://alpha.indianangelnetwork.com/ian-alpha-fund/