Funding

Hegdinvst Raises ₹11.5 Crore Series A to Fund Sponsor Commitment to Proposed Category III Fund

Sabyasachi Chandra

Hegdinvst says it has raised ₹11.5 crore in a Series A against a ₹10 crore target, backed by unnamed domestic and international high net worth individuals.

The capital is equity into the management company rather than a fund close, and the bulk of it funds the firm's sponsor and manager commitment to a proposed Category III AIF.

The firm holds a SEBI Category II AIF registration and was founded in 2025 by Aditya Bhandari, previously 16 years at Incofin Investment Management.

The figures are company-reported with no filing or independent confirmation, and the valuation, investor names, existing fund corpus and target corpus of the proposed fund are all undisclosed.

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