Iq Startup Fund

EQ, IQ, and IndiaQ

Managed by India Quotient

IN/AIF1/17-18/0347Cat I

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.

Team— 2

Anand Lunia

Founding Partner, IndiaQuotient

Anand Lunia is a Founding Partner of IndiaQuotient. Before co-founding the firm, he made an early angel investment in Rebel Foods (one of the world's largest cloud kitchens). He was previously a partner at Seedfund, known for exits in CarWale and RedBus. He co-founded an edtech company which he exited in 2005. He believes 'Entrepreneur is the king. Not the VC.' and that living the Indian middle-class life is an investor's superpower.

Madhukar Sinha

Founding Partner, IndiaQuotient

Madhukar Sinha is a Founding Partner of IndiaQuotient, bringing investment management experience from a prior role as Senior Investment Manager at Aavishkaar — an impact-focused micro-venture capital firm. He holds a Masters in Agribusiness from IIM Lucknow (2006–2008). He has been central to building IndiaQuotient's consumer internet and fintech investment thesis.

Registration

SEBI Registration

SEBI-registered

Reg. NumberIN/AIF1/17-18/0347

VintageJun 2017 · 9 yrs old

Valid ToPerpetual

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

Investment Manager

Insights

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Disclaimer

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