Fintech firm Veloce Fintech launches ₹300-crore fund to back MSMEs and startups
Indian fintech and investment platform Veloce Fintech, part of the Lemon Group, has announced the launch of its second fund, the Veloce Opportunities Fund, with a target corpus of ₹300 crore.
The fund is designed to support growth-stage micro, small and medium enterprises (MSMEs) and startups across sectors such as technology, manufacturing, healthcare, supply-chain, consumer and real-estate-linked businesses.
Already, Veloce Fintech has secured commitments of over ₹100 crore from ultra-high-net-worth individuals (UHNIs), family offices and business groups signalling strong investor confidence in the structured-credit model the firm is deploying.
Fund strategy and deployment:
The firm intends to invest in 20-25 companies by 2026, with cheque sizes ranging between ₹3 crore and ₹15 crore per company. These investments will support working capital needs, capex and pre-IPO funding for companies with established revenue models and clear expansion plans.
Veloce Fintech emphasises a “structured capital” approach: the fund will focus on companies with predictable growth, transparent business models and measurable cash-flows. According to founder Nirav Jogani: “With this second fund, we are continuing to build a structured capital platform that supports businesses with predictable growth and disciplined execution.”
The strategy builds on the company’s maiden fund, which backed growth-stage MSMEs and startups across manufacturing, technology and healthcare through structured credit and venture debt.
Market context & relevance:
The MSME sector in India is critical: it contributes nearly 30 % of GDP and employs over 110 million people, yet many enterprises struggle to access structured capital, particularly at the growth stage.
By targeting a funding gap between early-stage equity rounds and traditional bank lending, the fund aims to fill a key void: offering non-dilutive or lightly-diluted capital in the form of venture debt and pre-IPO financing, especially for companies with proven revenue models and ready to scale.
Given rising importance of financial discipline, transparency and governance among growth-stage enterprises, Veloce’s emphasis on these criteria may resonate with both founders and investors looking for more predictable returns.
What this means for stakeholders:
For MSMEs and startups:
Access to cheque sizes of ₹3-15 crore may enable growth beyond seed / early rounds.
The availability of structured credit or pre-IPO funding (rather than pure equity) offers founders more flexibility with ownership.
Having a partner with experience in credit structures, monitoring and transparency could help improve governance and scaling readiness.
For investors / family offices:
The fund promises regular interest income and quicker cash-flows (owing to its debt-led component), potentially reducing volatility compared to pure equity vehicles.
Investing via a sector-agnostic, growth-stage vehicle aligned with MSMEs / startups offers diversification across the entrepreneurial ecosystem.
For the broader ecosystem:
Strengthening the structured capital pipeline for MSMEs / startups can support India’s ambition of a more inclusive growth model.
Improved access to growth-capital can accelerate job creation, innovation and competitiveness of mid-sized businesses.
Success of such funds may inspire further vehicles and institutional interest in the under-served growth-stage segment.
Risks and considerations:
While the fund brings opportunity, stakeholders should remain aware of potential risks:
Growth-stage MSMEs / startups, even with proven models, carry execution risk, market risk and cash-flow variability.
Structured credit models require strong underwriting, monitoring and exit discipline to maintain healthy returns.
Macro-economic factors (interest rates, regulatory changes, sectoral slowdowns) may influence portfolio performance.
For founders, taking structured debt or pre-IPO financing imposes governance obligations and possibly tighter covenants.
Looking ahead:
With the ₹300 crore target and early commitments over ₹100 crore, Veloce Fintech is positioning itself to be a meaningful player in India’s growth-stage investment ecosystem.
The launch of the Veloce Opportunities Fund signals a focused move by Veloce Fintech to bridge a critical funding gap for growth-stage MSMEs and startups in India.
With a sizable targeted corpus of ₹300 crore, initial strong investor interest, and a disciplined structured-capital approach, the fund may well become a meaningful lever for scaling India’s entrepreneurial and MSME ecosystem. However, as with all growth-stage investing and structured credit, success will be determined by disciplined deployment, strong governance and effective monitoring.
Please WhatsApp on 98200-88394 or email to intellex@intellexconsulting.com if any Startups or Scaleups looking for raising Venture Capital or Venture Debt.
Team- Intellex Strategic Consulting Private Limited
Follow us on LinkedIn:
https://www.linkedin.com/company/intellexcfo-com/
https://www.linkedin.com/company/intellexconsulting
www.StartupStreets.com, www.GrowMoreLoans.com, www.GrowMoreFranchisees.com, www.intellexCFO.com, www.CreditMoneyFinance.com, www.StartupIndia.Club, www.EconomicLawsPractice.com