Source: Entrackr
Mumbai, 2 September 2025 – BizDateUp, the investment and support company, has introduced Pulse Fund I, a ₹1,000 crore Category II Alternative Investment Fund. The fund has a ₹500 crore base corpus with a ₹500 crore green-shoe option, giving it the flexibility to scale based on investor commitment.
Investment plan and structure
The fund will clearly allocate capital. Approximately 50% of our capital will be dedicated to high-growth startups, 30% will go into profitable small and medium enterprises (SMEs), and 20% will be invested in carefully selected real estate projects.
Pulse Fund I has been shaped as a 10-year close-ended vehicle and could be extended by a further two years if deemed necessary for the fund’s lifecycle. This structure gives BizDateUp the option to take a long-term view while allowing investors visibility of the lifecycle of the fund.
Target fast-growing sectors and cities
The firm has stated that the fund will target fast-growing, high-impact sectors, including artificial intelligence, SaaS, fintech, healthtech, deeptech, defense, aerospace, gaming, EV mobility, green energy, and regtech.
Contrary to the funds that focus on metro cities predominantly, Pulse Fund I will focus on tier-II and tier-III cities. The idea behind this is to drive innovation and entrepreneurship across India, and especially in regions that lack access to large pools of venture capital.
Robust governance processes
To ensure capital is spent responsibly, management will involve careful financial, legal, and compliance checks, while NISM-certified fund management will provide oversight, which BizDateUp believes will improve investor confidence and transparency.
BizDateUp’s history
BizDateUp was established by Jeet Chandan and Meet Jain as an ecosystem enabler for startups. The platform also provides mentorship, business services, and operational support to foster entrepreneurial growth.
BizDateUp has invested in over 25 startups, raised a $10mn fund, and grown a community of approximately 1,000 angels. In FY24, its investors returned an average of 3.5×, which goes to show the company provides value.
Global aspirations
As we look further into the future, BizDateUp has future plans for global expansion beyond India. Specifically, within the next 24 months, it plans to establish parallel funds in Singapore, the USA, and Dubai. BizDateUp anticipates attracting over $1 billion of international capital through these funds to help continue to solidify India’s existing innovation ecosystem.
Prior investment
Last May, BizDateUp made an investment in wet waste management services in the form of a 20% stake in Duro Green, a start-up. The acquisition emphasized its interest in businesses that are positive to the planet in addition to being profitable.
Through Pulse Fund I, BizDateUp is entering the Indian investment landscape as a prominent player on the investment scene with a mix of high-growth investment opportunities, quieter, more stable businesses and firms, and global investment expansion.