Infrastructure fund · SEBI registry
NIIF Private Markets Fund II
Real assets (RE/Infra) · Private credit / Debt · Mumbai
At a glance
- Stage focus
- Real assets (RE/Infra)
- Primary sector
- Private credit / Debt
- City
- Mumbai
- HQ / office
- Mumbai (UTI Tower, BKC)
- Fund registered
- 2024
- Corpus (as reported)
- USD 750 million in commitments (as of March 2026); part of NIIF's ~USD 4.9bn total AUM
- Website
- niifindia.in
- Profile ↗
About
NIIF Private Markets Fund II is the successor fund-of-funds vehicle of the National Investment and Infrastructure Fund, anchoring and scaling home-grown Indian PE/VC fund managers rather than investing directly in startups. The registry email ([contact on file]) is on the firm's own domain; the general firm contact is [contact on file].
Investment focus
Fund-of-funds: invests in India-focused PE/VC fund managers across growth equity, venture capital, buyout and credit, catalysing capital into climate action, healthcare, deep-tech, housing, MSMEs and domestic manufacturing
Cheque size
Commitments to underlying Indian fund managers ranging ~USD 15M-170M (successor to PMF-I; targeting energy transition, urban/social, digital infrastructure)
As compiled from public sources — verify with the investor.
SEBI registration
SEBI AIF Category II — reported as “Cat II”
- IN/AIF2/24-25/1561
SIDBI Fund of Funds
Yes — Government of India is largest contributor, committing up to 49% of fund's total commitments; multilateral DFI LPs include AIIB and New Development Bank. (Source: NDB; AIIB; NIIF site)
Team & organisation
15+ Private Markets professionals (shared NIIFL Private Markets team)
Trust-structured Category II AIF under the NIIF umbrella; Investment Manager: National Investment and Infrastructure Fund Ltd (NIIFL), GoI-sponsored; Mumbai (UTI Tower, BKC) office, Delhi registered office
Connect through iHub India
Open a funding round and send a structured pitch from this profile. It's recorded now and delivered the moment this investor joins iHub India; if they accept, contact details are shared and the conversation moves into a tracked deal room.
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Work at NIIF Private Markets Fund II? Claim this profile to keep it current and receive pitches directly.
Frequently asked
- What does NIIF Private Markets Fund II invest in?
- Fund-of-funds: invests in India-focused PE/VC fund managers across growth equity, venture capital, buyout and credit, catalysing capital into climate action, healthcare, deep-tech, housing, MSMEs and domestic manufacturing
- What cheque size does NIIF Private Markets Fund II write?
- As compiled from public sources: Commitments to underlying Indian fund managers ranging ~USD 15M-170M (successor to PMF-I; targeting energy transition, urban/social, digital infrastructure)
- How do I pitch NIIF Private Markets Fund II 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
- ⚑ fund-of-funds (not direct startup VC); sovereign-anchored
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.ndb.int/project/national-investment-and-infrastructure-fund-private-markets-fund-ii/; https://www.aiib.org/en/projects/details/2024/approved/India-NIIF-PMF-II.html