35North Ventures

India Discovery Fund (IN/AIF1/20-21/0848) is a SEBI-registered Category I AIF managed by 35North Ventures Private Limited, a Mumbai-based growth capital fund focused on SMEs, early-stage, and pre-IPO companies. 35North Ventures manages USD 100 million+ in AUM across 4+ funds and 50+ strategic partners. India Discovery Fund I was registered in January 2021. It is the second of three SEBI-registered AIFs in the 35North family: 35North India Growth Fund I (IN/AIF1/17-18/0321), India Discovery Fund I (IN/AIF1/20-21/0848 — this record), and India Discovery Fund II (IN/AIF1/24-25/1510). The fund operates from Level 3, B-Wing, The Capital, BKC, Bandra East, Mumbai – 400051 (operational address; SEBI registration shows Level 7 of the same building).

35North Ventures follows an analysis-driven approach to identify turnkey, high-yielding investment opportunities in SMEs, early-stage companies, and pre-IPO businesses. The fund takes a long-term view (3–5 year lock-in) and focuses on value creation through proactive portfolio management and operational support. Investment strategies span equity portfolio construction, diversified capital structures, and global investment angles. The team combines 25+ years average experience across alumni from London Business School, Kellogg, Berkeley, Wharton, IIT, IISc, and Delhi School of Economics. 35North aims to provide access to 10,000+ family offices and 18+ marquee institutions and takes a founder-first, non-interfering approach to portfolio management.