Venture debt / Private credit · SEBI registry
RMB Capitalworks Hybrid Solutions Fund
Debt / Venture debt · Private credit / Debt · Mumbai
At a glance
- Stage focus
- Debt / Venture debt
- Primary sector
- Private credit / Debt
- City
- Mumbai
- HQ / office
- Bandra Kurla Complex (BKC), Bandra East, Mumbai (Parinee Crescenzo)
- Fund registered
- 2024
- Corpus (as reported)
- Targeting ~USD 350 million total fund size; declared first external close of ~USD 170 million (Feb 2026)
- Website
- rmbcapitalworks.com
- Profile ↗
About
A SEBI Category II AIF managed by Capworks Investment Manager India Pvt Ltd, a JV between RMB (Rand Merchant Bank, South Africa) and Capitalworks (emerging-markets alternative asset manager); offers a solutions-driven hybrid strategy for Indian mid-market companies.
Investment focus
Growth / mid-market hybrid investing in high-growth Indian mid-market businesses — combines equity upside with credit-style downside protection (hybrid equity + private credit)
SEBI registration
SEBI AIF Category II — reported as “Cat II”
- IN/AIF2/24-25/1708
SIDBI Fund of Funds
None found — LPs are described as high-quality global and Indian institutions and family offices; sponsors are RMB (FirstRand, South Africa) and Capitalworks. No Indian SIDBI/government/state FoF LP evidence found.
Team & organisation
Approx 11-50 employees per LinkedIn (Mumbai team); managing partner Anshuman Malur named; precise investment-team count not disclosed
Pvt Ltd manager (Capworks Investment Manager India Pvt Ltd) managing RMB Capitalworks Hybrid Solutions Fund I — a Category II AIF (SEBI IN/AIF2/24-25/1708); JV of RMB and Capitalworks
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.
Raising a round? Send a funding pitch with your traction — an acceptance opens a tracked deal room. Mentors, incubators, corporates and students can request an intro instead.
Work at RMB Capitalworks Hybrid Solutions Fund? Claim this profile to keep it current and receive pitches directly.
Frequently asked
- What does RMB Capitalworks Hybrid Solutions Fund invest in?
- Growth / mid-market hybrid investing in high-growth Indian mid-market businesses — combines equity upside with credit-style downside protection (hybrid equity + private credit)
- How do I pitch RMB Capitalworks Hybrid Solutions 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.
Similar investors
Venture debt / Private credit
360 ONE Asset (ex-IIFL PE)
Debt / Venture debt · Private credit / Debt · Mumbai
VC fund (Cat II)
5 RIVERS CAPITAL TRUST I
Early stage (Pre-Series A) · Private credit / Debt · Mumbai
Venture debt / Private credit
A K ALTERNATIVE INVESTMENTS TRUST II
Debt / Venture debt · Private credit / Debt · Mumbai
Venture debt / Private credit
Acrobat Capital Fund I
Debt / Venture debt · Private credit / Debt · Bengaluru
Venture debt / Private credit
ADM Capital India AIF Trust
Debt / Venture debt · Private credit / Debt · Bengaluru
VC fund (Cat I)
Aikyam Stressed Assets Trust
Not disclosed · Private credit / Debt · Mumbai
About this record
- ⚑ foreign-HQ (South African RMB / Capitalworks JV); hybrid PE + private-credit fund (not classic 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://www.rmbcapitalworks.com/contact; https://www.linkedin.com/company/rmb-capitalworks