Interglobe Aviation Ventures — IndiGo Ventures | wisefolio

Interglobe Aviation Ventures

Giving wings to aspirations, in aviation and beyond

IN/AIF2/24-25/1569Cat II

Private equity, private credit and real-estate funds that don't employ leverage except for operating needs. The largest AIF category.

Overview

About

InterGlobe Aviation Ventures (IN/AIF2/24-25/1569) is a SEBI-registered Category II AIF — the corporate venture capital arm of IndiGo (InterGlobe Aviation Limited), India's largest airline. IndiGo Ventures is led by Ankit Sharma, a former Assistant Vice President at Axis Bank and Director at Trifecta Capital Advisors. Sharma has a strong track record, having participated in over 30 startup investments, including companies like Cars24 and Ninjacart. IndiGo Ventures will focus on backing startups across Pre-Series A, Series A and Series B rounds primarily in the aviation and allied industries such as travel, lifestyle, hospitality and transport. The Board of InterGlobe Aviation approved investment of up to Rs 295 crore in IndiGo Ventures Fund - I (a scheme of InterGlobe Aviation Ventures). The SEBI AIF registration (August 2024) preceded the October 2024 SEBI nod announcement, with the fund beginning investments by March 2025.

Investment Philosophy

As IndiGo embarks on this new journey with IndiGo Ventures, we are committed to fostering innovation, giving wings to aspirations, in aviation and beyond. The startups will benefit from IndiGo's extensive technical expertise and diverse geographical imprint, leading to the development of new products and services. The fund leverages IndiGo's global network of routes, aviation expertise, and regulatory knowledge to offer portfolio startups unique strategic value beyond capital. It targets pre-Series A through Series B, with focus on aviation tech and consumer startups enhancing the passenger journey.

Team— 2

Ankit Sharma

Managing Partner, IndiGo Ventures; SEBI Contact Person

Ankit Sharma leads the fund, a former Assistant Vice President at Axis Bank and Director at Trifecta Capital Advisors, an alternative financing platform. He has been involved in over 30 startup investments, including companies like Basket, Cars24, Cashify, Ninjacart, CarDekho, and PaperBoat.

Neetan Chopra

Chief Digital & Information Officer, IndiGo (Executive Sponsor)

Neetan Chopra is Chief Digital and Information Officer at IndiGo and the executive sponsor of IndiGo Ventures. He provides strategic direction and ensures the fund has access to IndiGo's technology and digital capabilities.

Registration

SEBI Registration

SEBI-registered

Reg. NumberIN/AIF2/24-25/1569

VintageAug 2024 · 2 yrs old

Valid ToPerpetual

Contact PersonAnkit Sharma

AddressUpper Ground Floor, Thapar House, Gate No. 2, Western Wing, 124 Janpath, New Delhi, New Delhi, National Capital Territory Of Delhi, 110001

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Disclaimer

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