Arigato Capital Fund — IVY Growth | Wisefolio

Arigato Capital Fund

Cat I · Managed by IVY Growth

Building a global startup ecosystem from Surat

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

Overview

About

Arigato Capital Fund is a SEBI-registered Category I AIF venture capital fund launched by Surat-based micro VC firm IVY Growth Associates. The fund has a target corpus of ₹250 crore, with a first close target of ₹100 crore. It was SEBI-registered in November 2023 and publicly announced in May 2024. IVY Growth Associates was founded in 2021 by Rachit Poddar, Prateek Toshniwal, Mehul Shah, and Sharad Todi, and has invested in over 100 growth-stage startups across India via its angel syndicate and micro-VC vehicles. The fund also serves as the formal institutional vehicle for IVY's ambition to build a global startup corridor connecting India with the Middle East, the US, and Europe.

Investment philosophy

Arigato Capital is a sector-agnostic fund targeting startups at the post-seed or pre-Series A stage, with an average ticket size of $500,000 (approximately ₹4 crore). It focuses on companies in high-growth sectors including agritech, cleantech, generative AI, fintech, consumer brands, and SaaS. The fund emphasises tier-2 and tier-3 city startups underserved by mainstream VC, handholding founders from incubation through growth. IVY Growth serves as a limited partner in the fund, deepening alignment between the angel network and the formal AIF vehicle.

Team4

Rachit Poddar

Deal Sourcing & Partnerships

Alumni Of London Business School. Textile Business. 5+ Years Of Startup Investing.

Prateek Toshniwal

Mandate Closure & IR

Director at MI Capital, Dubai. 5+ Years Of Practicing Chartered Accountant. 5+ Years Of Early-Stage Startup Mentoring.

Mehul Shah

Deal Evaluation

Chartered Accountant. 15+ Years Of Practicing Chartered Accountant. 10+ Years Of Startup Legal Consultant.

Sharad Todi

Portfolio Management

Alumni Of SPJIMR. Director at Sharad Finlease Pvt. Ltd. 5+ Years Of Startup Investing.

Registration

SEBI registration

SEBI-registered

SEBI registration no.IN/AIF1/23-24/1374

RegisteredNov 2023 (3 years ago)

Valid untilPerpetual

Contact personRachit Poddar

AddressTosniwal House, H.No. 2/367-368, 4th Floor, Mota Dastur Maholla, Rustampura, Surat, Gujarat - 395002, Surat, Gujarat, 395002

Investment manager

Insights

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Disclaimer

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