Next Orbit Growth Fund III

Stage focus

Public markets (listed)

Primary sector

Public markets (listed equity)

City

Mumbai

HQ / office

Andheri East, Mumbai, Maharashtra

Fund registered

2019

Investments on record

1

Corpus (as reported)

~US$750m claimed across funds (firm/Tracxn, unverified)

Website

nextorbitventures.com

LinkedIn

Profile ↗

Next Orbit Ventures is a Mumbai-based multi-asset manager focused on the semiconductor/ESDM ecosystem; Fund III (SEBI IN/AIF3/19-20/0680) is its Cat III vehicle. Best known for leading the ISMC consortium's proposed $3bn chip fab in Karnataka (stalled after Intel's acquisition of Tower Semiconductor). Registry email belongs to advisory firm Nishith Desai Associates.

Semiconductor / Electronics System Design & Manufacturing (ESDM) and digital-transformation growth equity; the manager also runs PE, public-equity, real-estate and SME-debt vehicles

SEBI AIF Category III — reported as “Cat III”

• IN/AIF3/19-20/0680

Yes — Next Orbit Ventures Fund-II is listed as a Daughter Fund of the Government of India Electronics Development Fund (EDF), anchored by MeitY with Canara Bank as trustee/sponsor and Canbank Venture Capital Funds Ltd as investment manager (edfindia-canbankventure.com/next_orbit.php). Firm also central to GoI semiconductor/ISMC fab initiatives.

ISMC Analog Fab (proposed Karnataka semiconductor fab, JV with Tower Semiconductor)

~8-15 (LinkedIn lists 11-50 / 8 employees; led by Founder & MD Ajay Jalan)

Next Orbit Ventures Fund — multi-fund SEBI-registered manager. Next Orbit Growth Fund III is a Category III AIF (IN/AIF3/19-20/0680); related vehicles include NOVF (VCF Category I, 11-12/0232) and Fund-II (EDF daughter fund).

What does Next Orbit Growth Fund III invest in?

Semiconductor / Electronics System Design & Manufacturing (ESDM) and digital-transformation growth equity; the manager also runs PE, public-equity, real-estate and SME-debt vehicles

How do I pitch Next Orbit Growth Fund III 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.

Public markets (Cat III)

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Public markets (Cat III)

16 Alpha Alternatives Technologies Fund

Public markets (listed) · Public markets (listed equity) · New Delhi

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Public markets (Cat III)

2Point2 Capital Trust

Public markets (listed) · Public markets (listed equity) · Mumbai

Concentrated long-only public-equity strategy (not a VC cheque model); minimums per PMS/AIF terms, not disclosed on siteContact on file

Public markets (Cat III)

31 Degrees North Fund

Public markets (listed) · Public markets (listed equity) · Ahmedabad

Acts as anchor investor in SME IPOs; per-deal anchor allocations vary, not a fixed disclosed chequeContact on file

Public markets (Cat III)

3P INDIA EQUITY FUND

Public markets (listed) · Public markets (listed equity) · Mumbai

Min investment INR 1 Cr (SEBI Cat III AIF minimum); HNI/UHNI listed-equity fund (no per-deal cheque concept)Contact on file

Public markets (Cat III)

AAA India Equity Fund

Public markets (listed) · Public markets (listed equity) · Mumbai

Contact on file

All Public markets (listed) investors →

• ⚑ multi-asset manager (also PE / real-estate / infra / debt); semiconductor/ESDM rather than generalist 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://nextorbitventures.com/; https://in.linkedin.com/company/next-orbit-ventures-fund