Physis Capital, a prominent venture capital firm, has secured Rs 150 crore in commitments for its Rs 400 crore venture fund. This fund aims to support 12-15 promising startups in India. The venture capital firm, founded by the team behind Inflection Point Ventures (IPV), is expecting to reach its final close by early 2026.
The fund is designed to be made up of four segments: Rs 100 crore each from retail investors, family offices, financial institutions, and government contributions. So far, Physis Capital has secured Rs 100 crore from retail investors and half of the amount from family offices, bringing the total commitment to Rs 150 crore.
Investments Already Underway
Physis Capital has already started deploying the fund. Recently, the firm invested Rs 5 crore in CTPL, a company that provides university admissions support. CTPL has shown strong growth, doubling its revenue every year for the past three years while remaining profitable. The company also plans to expand internationally in the coming year. So far, CTPL has raised USD 4 million through both dilutive and non-dilutive funding in this round.
Backing Promising Startups in India
Physis Capital has previously backed notable startups, including Bharat Pe, Blusmart, and Otipy. The firm’s current focus is on providing critical financial support to startups with strong potential within India’s rapidly growing entrepreneurial ecosystem.
Earlier this year, Physis Capital also invested in Ben & Gaws, further demonstrating its commitment to backing innovative businesses in India. Through this fund, Physis Capital aims to play a vital role in nurturing and expanding the startup ecosystem in the country.
Physis Capital’s Strategic Focus
Physis Capital’s founders, who have a successful track record in investing in the Indian startup ecosystem, are confident that the Rs 400 crore fund will provide substantial support to startups in India. This funding is expected to help these businesses grow, innovate, and expand both domestically and internationally.
With the growing number of entrepreneurs in India, Physis Capital is well-positioned to identify and back promising startups that have the potential to make a significant impact. The firm’s focus is on helping these companies scale effectively while providing them with the financial resources they need to succeed.
As the fund continues to grow, Physis Capital remains committed to making strategic investments that help build a strong and sustainable future for India’s startup ecosystem.
