The Fund · 01: Page Hero

Sumeru Fund

Discipline, conviction and structure, in one vehicle.

Sumeru India Growth Fund is a Category III Alternative Investment Fund built to identify high-quality businesses at pivotal stages of value creation. The fund invests across late-stage private, pre-IPO, selective anchor and listed opportunities, combining institutional discipline with a sharp focus on growth, governance and risk-adjusted returns.

The Fund · 02: Ethos & Mission

Our Ethos

Invest with discipline. Create long-term value. Ensure success contributes to a greater good.

Our Mission

To be the first port of call for founders and investors seeking strong outcomes, while steadily contributing to meaningful social work.

The Fund · 03: The Philosophy of Sumeru (full)

Our Philosophy

Named for the mountain at the center of everything.

Inspired by Mount Meru, the cosmic center of strength, stability, connection and ascent, our investment philosophy is built on four enduring principles that guide how we identify opportunities, allocate capital and create long-term value.

01

The Cosmic CenterIndia as the center of global growth

Just as Mount Meru is the axis around which the universe revolves, we believe India stands at the center of the next decade of global economic growth, a primary driver of wealth creation, innovation and enterprise value in the years ahead.

02

The Unshakeable MountainConviction that outlasts volatility

Meru is immovable, eternal, permanent. For us this means long-horizon investing rather than trend-chasing, resilience through market cycles, and conviction rooted in structural India growth, not speculation.

03

The Cosmic AxisConnecting capital to opportunity

Meru connects realms; we connect capital with opportunity, backing businesses with the vision and potential to create lasting value over time.

04

Spiritual AscentThe growth journey

Ascending Meru is a journey of progress and elevation. For us it means portfolio companies evolving into market leaders, investor wealth compounding through disciplined allocation, and a shared journey of transformation and value creation.

The Fund · 04: Fund Structure

Fund Structure

Shaktisphere Capital Private Limited Investment Manager / Settlor
Sumeru Partners LLP Sponsor
Investors Contributions & Distributions
Sumeru India Growth Trust Category III AIF (Fund)
Portfolio Entities 1  ·  2  ·  3  ·  4  ·  5
Axis Trustee Services Limited Trustee
Gandhi & Associates LLP Legal Consultant
HDFC Bank Limited Custodian / Fund Accountant
SKI Capital Services Limited Merchant Banker
Validus Fintech Services Registrar & Transfer Agent
The Fund · 05: Fund at a Glance

Fund at a glance.

Category Category III Alternative Investment Fund
Structure Trust, SEBI (Alternative Investment Funds) Regulations, 2012
Scheme type Open Ended Scheme
Strategy Long-only · Sector-agnostic
Target fund size ₹500 Cr
Minimum commitment ₹1 Cr (as per SEBI regulation)
Focus Late-stage private · Pre-IPO · PIPE / selective anchor · Listed
Fees & expenses As per the Private Placement Memorandum
The Fund · 06: CTA Band

The strategy behind the structure.

Read our approach