IQ Startup Fund — India Quotient | Wisefolio

IQ Startup Fund

Cat I · Managed by India Quotient

EQ, IQ, and IndiaQ

SEBI-encouraged funds — venture capital, SME, social-impact and infrastructure. Close-ended, generally unleveraged.

Overview

About

IQ Startup Fund (IN/AIF1/17-18/0347) is a SEBI-registered Category I AIF — one of IndiaQuotient's fund series, managed by India Quotient Advisers LLP. The SEBI registration address (202, Delta Building, Chemtex Lane, Hiranandani, Powai, Mumbai – 400076) was an earlier IndiaQuotient office before the firm relocated its base to Indiranagar, Bengaluru. The fund is part of the IndiaQuotient IQ Alpha series, all managed by the same LLP. The absence of contact person and email in SEBI data is consistent with historical blanks for older funds registered before stricter data requirements.

Investment philosophy

IQ Startup Fund follows IndiaQuotient's core investment philosophy: backing founders building disruptive businesses for Indian consumers at the pre-seed and seed stage, with a belief that 'Entrepreneur is the king. Not the VC.' IndiaQuotient looks for EQ, IQ, and IndiaQ in founders — targeting companies that can skip the traditional angel round.

Team3

Anand Lunia

Founding Partner, IndiaQuotient

Anand wakes up every morning with one thought: 'Let's make India great again.' He loves writing on startups, studying market opportunities, and helping entrepreneurs. Before IndiaQuotient, he bet his farm (literally) on an angel investment in Rebel Foods, one of the largest cloud kitchens in the world. Earlier, he was a partner at Seedfund, known for its exits in Carwale and Redbus. He co-founded an edtech company which he exited in 2005. His Twitter handle says it all: 'Entrepreneur is the king. Not the VC.' He feels that leading the simple, Indian middle-class life is an investor's superpower.

Madhukar Sinha

Founding Partner, IndiaQuotient

Agriculture engineering; postgraduate degree from IIM Lucknow

Madhukar loves networking and has made very strong inroads in entrepreneur circles. A part of Aavishkaar Microfinance and Impact Fund as an investment manager, he was a part of India's microfinance revolution. His unique experience as a non-profit executive in India is evident in his approach towards new investment opportunities. The agriculture engineer by training has a postgraduate degree from IIM-Lucknow and is the go-to man for all things legal and regulatory.

Sharad Agarwal

VP - Finance

Chartered Accountant; Company Secretary

Sharad, a Chartered Accountant and Company Secretary, challenges the stereotype that numbers alone dictate truth. Differing from traditional finance professionals, he values the business context behind decisions. As the Head of Finance Operations at IndiaQuotient, he crucially contributes to financial success and operational efficiency. Previously leading finance at MatchMove, a Singapore-based B2B fintech company, and at Infosys in business finance, Sharad boasts a robust foundation in financial management and analysis.

Registration

SEBI registration

SEBI-registered

SEBI registration no.IN/AIF1/17-18/0347

RegisteredJun 2017 (9 years ago)

Valid untilPerpetual

Address202, Delta Building, Chemtex Lane, Hiranandani, Powai, Mumbai, Maharashtra, 400076

Investment manager

India Quotient

Insights

No insights published yet.

Disclaimer

Investments in AIFs carry market and credit risk including possible loss of capital. Past performance does not indicate future returns. Information shown is sourced from the issuer's PPM and SEBI filings — confirm against the latest PPM before committing. Wisefolio is an information platform; it is not registered with SEBI as an investment adviser, portfolio manager, or distributor. By using this page you accept our terms and privacy policy, including the self-attestation that you are eligible to view AIF marketing material under SEBI rules.