What cheque size does STEPTRADE FUND write?

As compiled from public sources: INR 2-10 Cr per company (Steptrade Revolution Fund, per coverage)

How do I pitch STEPTRADE 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.

Public markets (Cat III) · SEBI registry

STEPTRADE FUND

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

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Contact on file — shared on accepted request

At a glance

Stage focus: Public markets (listed)
Primary sector: Public markets (listed equity)
City: Ahmedabad
HQ / office: Ahmedabad, Gujarat (Shyamal Cross Road, Satellite)
Fund registered: 2023
Investments on record: 20
Corpus (as reported): ~Rs 400+ crore across AIF + PMS (as stated on firm site, 2024-25)
Website: steptrade.capital
LinkedIn: Profile ↗

About

Steptrade Capital (operated by Steptrade Share Services Pvt Ltd) is a SEBI-registered AIF manager specializing in SME and micro-cap investing, led by founder/fund manager Kresha Gupta. It runs the Chanakya Opportunities Fund (Cat II) and Steptrade Revolution Fund I & II (Cat III), plus a feeder Steptrade India Fund for foreign investors/NRIs.

Investment focus

SME and micro-cap focused; invests in companies listed/getting listed on SME exchanges plus unlisted pre-IPO opportunities across renewable energy, infrastructure, defence/aerospace, specialty chemicals, healthcare and manufacturing

Cheque size

INR 2-10 Cr per company (Steptrade Revolution Fund, per coverage)

As compiled from public sources — verify with the investor.

SEBI registration

SEBI AIF Category III — reported as “Cat I/Cat III”

IN/AIF3/23-24/1330
IN/AIF1/23-24/1352

SIDBI Fund of Funds

None found (no direct SIDBI/govt LP evidence; advisory board member Kamal Bansal is ex-GVFL/ex-SIDBI FoF, but that is personal background, not a fund relationship)

Notable portfolio

Apollo Green Energy; Cosmic PV Power; Trom Industries; Mason Infratech; Optimised Solutions

Team & organisation

14+ named team members across management, fund management, research, compliance; 2 AIF fund managers

Multi-fund SEBI-registered AIF manager (Steptrade Capital / StepTrade Share Services). Funds: Chanakya Opportunities Fund I & II (Cat II SME AIF, Chanakya Fund Trust IN/AIF2/22-23/1230), Steptrade Revolution Fund I & II (Cat III, Steptrade Fund IN/AIF3/23-24/1330), plus Steptrade India Fund (GIFT City FME/FPI feeder). Founded by CA Kresha Gupta.

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Frequently asked

What does STEPTRADE FUND invest in?: SME and micro-cap focused; invests in companies listed/getting listed on SME exchanges plus unlisted pre-IPO opportunities across renewable energy, infrastructure, defence/aerospace, specialty chemicals, healthcare and manufacturing
What cheque size does STEPTRADE FUND write?: As compiled from public sources: INR 2-10 Cr per company (Steptrade Revolution Fund, per coverage)
How do I pitch STEPTRADE 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

⚑ Operates across Cat I/II/III incl Cat III (hedge-type) strategies; SME/micro-cap listed-equity focus rather than pure early-stage startup VC; live site domain (steptrade.capital) differs from SEBI registry email domain (steptradeshareservices.in)

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://steptrade.capital/about-us/; https://steptrade.capital/chanakya-opportunities-fund-i/