VentureX Fund: Empowering SMEs for Unprecedented Growth

VentureX Fund, launched by Planify, quickly secured Rs 100 crore, reflecting growing investor confidence in SME-focused investments. With plans to expand further, the fund supports high-growth MSMEs by providing capital to scale operations and adopt advanced technologies. SMEs significantly impact India's economy, contributing 30% to GDP.

Planify's VentureX Fund, an Alternative Investment Fund targeting SMEs, garnered Rs 100 crore in commitments shortly after its launch, signaling a robust investor confidence in SME-focused ventures.

Launched on January 1, 2025, the fund seeks to capitalize on the untapped potential within the SME sector by investing in companies poised for high growth and public market success.

VentureX aims to expand its reach with an additional Rs 250 crore, plus a possible Rs 250 crore green shoe option, to support SMEs in scaling operations, adopting technology, and increasing market competitiveness.