About This Fund
Cactus Venture Partners (CVP) has closed its first fund Cactus Partners Fund I at $76 million, with 60% of the capital coming from domestic sources and 40% from international Limited Partners (LPs). The fund received commitments from organizations such as SIDBI, Self-Reliant India Fund (SRI Fund), and the UP Startup Fund, as well as from international and domestic Family Offices and Ultra High Net Worth Individuals (UHNIs). In terms of target investments, Cactus Partners Fund I has a broad sector focus, with a primary interest in climate tech, health tech, and B2B SaaS businesses. The fund will focus on Series A and early Series B fundraising stages, targeting companies that have established product-market fit (PMF). While the primary investment focus is on Indian startups, CVP also encourages and supports portfolio companies to expand internationally. With 5 companies in its current portfolio, CVP is targeting to make an additional 8-10 investments over the next 1-2 years. The fund received commitments from international Limited Partners (LPs) predominantly from the USA, Singapore, EU, and the UK.