Key Takeaways
- • Bajaj Finserv Ltd has set up a wholly owned subsidiary, Bajaj Alternate Investment Management Ltd, to enter the alternative investment space, according to Mint.
- • The group plans two funds: an early-stage venture capital fund targeting Series A and B companies, and a commercial real estate investment fund.
- • Bajaj Finserv aims to raise INR 1,500 crore to INR 2,000 crore for each fund.
- • The venture fund has already seen INR 200 crore of proprietary capital invested in KisanKonnect and Ecosoul Home, with a further INR 150-200 crore expected before launch.
- • The real estate fund will target deals of INR 500-600 crore per transaction in top-tier cities.
Summary
Mumbai-based Bajaj Finserv Ltd has established a wholly owned subsidiary, Bajaj Alternate Investment Management Ltd, to enter the alternative investment market, according to Mint. The group plans to launch two funds, each targeting between INR 1,500 crore and INR 2,000 crore in capital.
The first is an early-stage venture capital fund focused on Series A and B companies. Its investment thesis centres on automation, technology, and business-to-consumer brands that accelerate go-to-market strategies. Bajaj Finserv has already invested INR 200 crore of proprietary capital in early-stage companies including KisanKonnect and Ecosoul Home, and plans to warehouse these deals into the fund. Additional investments of INR 150-200 crore are expected before the fund launches.
The second is a commercial real estate-focused fund. It will target individual investments of INR 500-600 crore per deal in top-tier cities.
The group will act as anchor investor in both vehicles and intends to seek third-party capital from high-net-worth and ultra-high-net-worth individuals.
The first is an early-stage venture capital fund focused on Series A and B companies. Its investment thesis centres on automation, technology, and business-to-consumer brands that accelerate go-to-market strategies. Bajaj Finserv has already invested INR 200 crore of proprietary capital in early-stage companies including KisanKonnect and Ecosoul Home, and plans to warehouse these deals into the fund. Additional investments of INR 150-200 crore are expected before the fund launches.
The second is a commercial real estate-focused fund. It will target individual investments of INR 500-600 crore per deal in top-tier cities.
The group will act as anchor investor in both vehicles and intends to seek third-party capital from high-net-worth and ultra-high-net-worth individuals.
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