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Veloce Fintech launches Veloce Opportunities Fund

Entrackr · 7m ago

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Veloce Fintech launches Veloce Opportunities Fund Veloce Fintech, a part of the Lemon Group, has launched its SEBI-registered Category-II Alternative Investment Fund (AIF), the Veloce Opportunities Fund. According to Veloce, the fund has successfully secured commitments exceeding Rs 140 crore, including a Rs 40 crore green shoe option, with a total target corpus of Rs 200 crore, expected to close in the next few months. Out of the Rs 140 crore in commitments, total drawdown and deployment have surpassed Rs 100 crore. Focused on providing venture debt and pre-IPO funding to MSMEs, the fund aims to bridge the gap between growth capital requirements and structured investment opportunities. Founded by Lemon Group and led by Nirav Jogani, Veloce Fintech specializes in connecting ARCs, real estate developers, MSMEs, and startups with institutional lenders and investors. The fund, managed by a team of experts leveraging their extensive experience and industry insights, strives to drive long-term growth for its portfolio companies while generating consistent high returns for its investors. Targeting over 20 companies, the Veloce Opportunities Fund seeks businesses with clear growth trajectories, robust governance practices, and scalable models. Using a sector-agnostic approach, it supports enterprises across diverse fields such as manufacturing, technology, real estate, healthcare, and services. The fund employs a systematic process, combining deep financial expertise with technology-driven analysis, to identify promising companies. Companies are shortlisted based on a rigorous evaluation framework, which includes financial performance metrics, innovation capabilities, and market potential. The fund targets a return of more than 18%. With its focus on debt, regular interest income, and quicker cash flows from investments, the fund anticipates a higher level of consistency in payouts, coupled with lower volatility of returns.