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VC fund (Cat I) · SEBI registry

NAKSHATRA SPECIAL SITUATION FUND

Early stage (Pre-Series A) · Not disclosed

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Contact on file — shared on accepted request

At a glance

Stage focus
Early stage (Pre-Series A)
Primary sector
Not disclosed
HQ / office
Gandhi Nagar, Nagpur, Maharashtra
Fund registered
2023
Corpus (as reported)
Reported ~Rs 100 crore corpus (minimum scheme corpus mandated for SSFs); not independently confirmed on official site
LinkedIn
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About

A SEBI Category I Special Situation Fund (Reg. IN/AIF1/23-24/1295) sponsored by Nakshatra Asset Ventures Ltd (formerly Nakshatra Corporate Advisors Ltd), a Nagpur-based stressed-asset resolution and corporate advisory firm. Invests in special-situation/stressed assets rather than growth-stage startups.

Investment focus

Special Situation Fund (Cat I SSF) — acquisition/resolution of stressed assets, NPAs and distressed/special-situation assets; not startup-stage equity VC

Cheque size

Not disclosed (SEBI SSF norms require min investor commitment INR 10 Cr; INR 5 Cr for accredited investors)

As compiled from public sources — verify with the investor.

SEBI registration

SEBI AIF Category I — reported as “Cat I

  • IN/AIF1/23-24/1295

SIDBI Fund of Funds

None found

Team & organisation

Manager/sponsor group ~11-50 employees (8 listed on LinkedIn); 25+ years group experience; investment-professional count not separately disclosed

Nakshatra Alternative Investments Pvt Ltd is the investment manager; Nakshatra Asset Ventures Ltd (Nagpur) is the sponsor; Nakshatra Special Situation Fund is a SEBI-registered Category I AIF (Special Situation Fund sub-category) for stressed-asset acquisition/resolution, corpus ~INR 100 Cr

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Frequently asked

What does NAKSHATRA SPECIAL SITUATION FUND invest in?
Special Situation Fund (Cat I SSF) — acquisition/resolution of stressed assets, NPAs and distressed/special-situation assets; not startup-stage equity VC
What cheque size does NAKSHATRA SPECIAL SITUATION FUND write?
As compiled from public sources: Not disclosed (SEBI SSF norms require min investor commitment INR 10 Cr; INR 5 Cr for accredited investors)
How do I pitch NAKSHATRA SPECIAL SITUATION 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

  • distressed/special-situation (stressed assets) fund — NOT 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://aifnakshatra.com/; https://nakshatraassetventures.com/