VC fund (Cat II) · SEBI registry
Poonawalla Vision Fund
Growth (Series C+) · Climate & Clean energy · Mumbai
At a glance
- Stage focus
- Growth (Series C+)
- Primary sector
- Climate & Clean energy
- City
- Mumbai
- HQ / office
- Nariman Point, Mumbai, Maharashtra (Dalamal Towers; manager Ambit Wealth Pvt Ltd)
- Fund registered
- 2022
- Investments on record
- 8
- Corpus (as reported)
- Final close at INR 1,000 Cr (~$114M) in 2025 (initially INR 500 Cr); oversubscribed, opened to external investors Q4 2025
- Website
- www.ambit.co
- Profile ↗
About
Poonawalla Vision Fund I is a SEBI Category II AIF (IN/AIF2/22-23/1192) set up under an exclusive mandate from the Poonawalla family (Serum Institute of India) and managed by Ambit Wealth Private Limited (Ambit GPC). It backs growth-stage unlisted companies; ~8 portfolio companies funded but names not publicly disclosed.
Investment focus
Growth-stage, unlisted businesses; sector focus on sustainability, healthcare, retail and wellness
SEBI registration
SEBI AIF Category II — reported as “Cat II”
- IN/AIF2/22-23/1192
SIDBI Fund of Funds
None found (privately anchored by the Poonawalla family as principal LP; opened to external HNI/institutional investors Q4 2025 — no government/DFI LP disclosed)
Team & organisation
SEBI Category II AIF (reg. IN/AIF2/22-23/1192); Investment Manager is Ambit Wealth Private Limited / Ambit Global Private Client (Ambit GPC). Single growth-stage fund (Fund I) set up under exclusive mandate from the Poonawalla family. HQ Mumbai.
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Frequently asked
- What does Poonawalla Vision Fund invest in?
- Growth-stage, unlisted businesses; sector focus on sustainability, healthcare, retail and wellness
- How do I pitch Poonawalla Vision 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
- ⚑ PE / growth-stage fund (Cat II), not early-stage startup VC; family-office mandate (Poonawalla / Serum Institute)
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.ambit.co/regulatory-information; https://www.dealstreetasia.com/stories/ambit-gpc-closes-growth-stage-poonawalla-vision-fund-i-at-114m-467960