VC fund (Cat II) · SEBI registry
Setu AIF Trust
Public markets (listed) · Public markets (listed equity) · Bengaluru
At a glance
- Stage focus
- Public markets (listed)
- Primary sector
- Public markets (listed equity)
- City
- Bengaluru
- HQ / office
- Bangalore, Karnataka (RMZ Ecoworld, Sarjapur ORR) — registered address; manager WestBridge Capital (Mauritius/India)
- Fund registered
- 2023
- Investments on record
- 3
- Corpus (as reported)
- WestBridge Capital ~USD 2.5bn+ capital under management (firm-level, not fund-specific)
- Website
- westbridgeadvisors.com
- Profile ↗
About
Setu AIF Trust is one of three SEBI-registered Category II trusts (with Konark Trust and MMPL Trust) through which WestBridge Capital invests in India. WestBridge, co-founded by Sumir Chadha and Sandeep Singhal, backs high-quality public and private Indian businesses with a long-term orientation. The Nishith Desai Associates email/address is the law firm acting as the registration contact.
Investment focus
Growth and late-stage / pre-IPO private equity plus listed equities in India (sector-agnostic, India-focused)
SEBI registration
SEBI AIF Category II — reported as “Cat II”
- IN/AIF2/23-24/1336
SIDBI Fund of Funds
None found
Notable portfolio
Rapido; Propelld (Bluebear Technology); Edelweiss Asset Management (15% stake)
Team & organisation
WestBridge advisory team ~69 (19 senior); Managing Partners Sumir Chadha, Sandeep Singhal (firm-wide, not Setu-specific)
Category II AIF, trust under Indian Trusts Act 1882 (SEBI reg IN/AIF2/23-24/1336). Sponsor & Investment Manager: Mountain Managers Pvt Ltd; Trustee: Catalyst Trusteeship Ltd; deployed as part of WestBridge Capital's multi-vehicle structure (alongside Konark Trust, MMPL Trust). Website given (westbridgeadvisors.com) is WestBridge's
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 Setu AIF Trust? Claim this profile to keep it current and receive pitches directly.
Frequently asked
- What does Setu AIF Trust invest in?
- Growth and late-stage / pre-IPO private equity plus listed equities in India (sector-agnostic, India-focused)
- How do I pitch Setu AIF Trust 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
Public markets (Cat III)
11H Holdings
Public markets (listed) · Public markets (listed equity) · Ahmedabad
Public markets (Cat III)
16 Alpha Alternatives Technologies Fund
Public markets (listed) · Public markets (listed equity) · New Delhi
Public markets (Cat III)
2Point2 Capital Trust
Public markets (listed) · Public markets (listed equity) · Mumbai
Public markets (Cat III)
31 Degrees North Fund
Public markets (listed) · Public markets (listed equity) · Ahmedabad
Public markets (Cat III)
3P INDIA EQUITY FUND
Public markets (listed) · Public markets (listed equity) · Mumbai
Public markets (Cat III)
AAA India Equity Fund
Public markets (listed) · Public markets (listed equity) · Mumbai
About this record
- ⚑ PE (Cat II growth/PE, not early-stage startup VC); foreign-affiliated manager (WestBridge Capital, Mauritius)
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: http://mountainmanagers.com/setu.html; https://www.marketscreener.com/news/konark-trust-mmpl-trust-setu-aif-trust-managed-by-westbridge-capital-partners-llc-and-westbridge-c-ce7c50dbdb8af426