LC Nueva Investment Partners PMS

LC Nueva Investment Partners LLP is a co-investment Portfolio Management Services entity and the investment manager of the LC Nueva Alternative Investment Fund (AIF). It is a partnership between Singapore-based Lighthouse Canton and Delhi-based Nueva Capital (an investment holding company with USD 100Mn under management in private and public markets, founded by brothers Ashish and Sohil Chand). The LLP was registered as a SEBI Portfolio Manager on 4 July 2022 under Registration No. INP200007432 (valid perpetually). The fund vehicle itself, Luminere Investment Trust, is a SEBI-registered Category II AIF (Registration No. IN/AIF2/20-21/0783). The LC Nueva AIF is an 8-year fund that invests in 25–30 companies at the pre-Series A and Series A stages. Fund size: ₹350 Cr. Called-in capital: ₹344.75 Cr (as of 30 June 2024). Portfolio: 35 companies (as of 30 June 2024) across sectors including Consumer, B2B, Fintech, Edu-Tech, Health-tech, Food Tech, Mobility, Insurance Tech, Lending, PropTech, Creator Economy, and EV. The fund follows a sector-agnostic approach with a proclivity towards health-tech, consumer-tech, fintech, and education-tech, steering clear of capital-intensive businesses. Portfolio companies include: Internshala, Oliveboard, Roadzen, Redcliffe Life-tech, Dukaan, Credr, Saveo, Financepeer, Revfin, Kouzina, Homeville, Creditfair, Minkspay, Wisedrive, Zyngo, Nojoto, Trica, Nona Lifestyle, Monrow Shoes, Svish, Buyume, TABP, Alaya, Crater Club, Kashware, Pumpumpum, HSE, Updraft, Ocean Beverages, BimaPay, UnORG, Recur Club, Namdev Finvest, The Bread Company, Grip. A follow-on vehicle — the LC Nueva Momentum Fund — was launched in 2024 to explore adjacent opportunities and capitalise on secondaries.