VC fund (Cat II) · SEBI registry
MegaDelta Fund Il
Growth (Series C+) · Not disclosed · Mumbai
At a glance
- Stage focus
- Growth (Series C+)
- Primary sector
- Not disclosed
- City
- Mumbai
- HQ / office
- Bandra Kurla Complex, Bandra East, Mumbai, Maharashtra
- Fund registered
- 2017
- Investments on record
- 8
- Website
- megadeltacapital.com
About
MegaDelta Capital (MegaDelta Capital Advisors) is an India-focused mid-market growth fund founded by Bala Deshpande and Ruchir Lahoty (Founding Partners), with Kapel Guptaa as Managing Partner. It invests in Enterprise, Consumer and Healthcare tech; notable exits include FirstCry (IPO 2024) and Intelligence Node (acquired 2024).
Investment focus
India-focused mid-market growth equity (Series A to buyout) in tech and tech-enabled companies across Enterprise, Consumer and Healthcare
SEBI registration
SEBI AIF Category II — reported as “Cat II”
- IN/AIF2/17-18/0343
SIDBI Fund of Funds
On the SIDBI FFS list
Funds: Mega Delta Fund I
Yes — on official SIDBI FFS supported-AIF list (Mega Delta Fund I)
Notable portfolio
FirstCry; Intelligence Node; GOQii; Freo; IDfy; Naaptol; FSS; ValueFirst
Team & organisation
PE / growth-equity fund (mid-market growth equity, includes buyouts; not early-stage startup VC)
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Frequently asked
- What does MegaDelta Fund Il invest in?
- India-focused mid-market growth equity (Series A to buyout) in tech and tech-enabled companies across Enterprise, Consumer and Healthcare
- How do I pitch MegaDelta Fund Il 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
- ⚑ PE / growth-equity fund (mid-market growth equity, includes buyouts; not early-stage startup VC)
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://megadeltacapital.com/portfolio; https://megadeltacapital.com/about