Singularity Growth Opportunities Fund I

Singularity Growth Opportunities Fund I is a venture capital fund established in 2021 with a corpus of ₹560 crore. The fund focuses on high-growth Indian companies across sectors such as energy transition, consumer, financial services, enterprise software, and manufacturing. It aims to support businesses that have achieved significant scale and are poised for further expansion.

The fund's investment strategy involves deploying capital in growth-stage and late-stage companies, with allocations for pre-IPO firms and opportunities where it can acquire a significant stake. This approach is designed to achieve a multiple on invested capital (MOIC) of 3x and a 30% internal rate of return (IRR).

Singularity Growth Opportunities Fund I has invested in 16 companies, deploying a gross investment of ₹613 crore. The fund is on track to achieve its target outcomes, with five portfolio companies having gone public and four more expected to list within the next 12–15 months. The fund is expected to mature in March 2029, with distributions to paid-in capital (DPI) expected to commence by FY26, approximately three years from the fund close.