The objective of the Fund is to invest in startups that are domiciled in India. Rockstud Capital Investment Fund – II will invest at Pre-Series A stage. The Fund follows youth-focused consumption theme by investing in opportunities around digitization, consumption, sustainability, financial inclusion and health & safety.
Boosting of consumption and increased discretionary spending over next decade led by demographic dividend
Reforms & policies under Atma Nirbhar Bharat, Make In India, PLI Scheme, Retrospective tax appeal, National Asset monetisation plan to support growth
India is seen as a destination of Investment hub for skilled & young working population
Gross Domestic Product projected at $8T ~12% FY22-30 CAGR
High growth and doubling of GDP/Capita from $2K to $5k
Targeted sectors (not exclusive) to outshine include Automobile ConsumerDurables, Travel, Housing, Retail, Etc
Particulars
RCIF - II (Angel Fund)
Blind pool Structure
(regular PE/VC Funds)
Direct access to investment opportunities
Flexibility in choosing ticket size
Flexibility in building portfolio
Due Diligence
Skin in the game
Digitalization
Technologies relating to cloud, data, discovery platform, digital transforming solutions
Consumption
Focus on ecommerce, education, gaming
Sustainability
Technologies that help fight climate impact, improve EV performance, and increase agriculture productivity
Financial Inclusion
Solutions for credit, loans, investments, inclusions to financial independence
Health & Safety
Technologies that help focus on healthcare and cyber-security
Stage
Pre-Series A
Sector Focus
Targeting needs & aspirations of the 21st century Individual
Ticket Size
₹1 Cr to ₹10 Cr
Company Preference
At least 2 year of operations, Min. ₹25 Lakhs of monthly revenue, Positive gross margin
Domiciled
India-headquartered Company
The Fund will identify startups with strong business moat through its proprietary channels. The investment process/ methodology will be as follows:
Initial
assessment
deep dive
Investment memo
Partner pitch
Term sheet
Due diligence
Definitive agreements
& closure
Portfolio management
Exit planning