Steptrade Capital has raised over Rs 100 crore in the first close of its Rs 500 crore Chanakya Opportunities Fund II. The Category II AIF will invest in growth-stage pre-IPO companies across manufacturing, energy transition and emerging technology sectors, beginning deployments in August.
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Steptrade’s pre-IPO fund secures Rs 100 crore in first close
The Times of India·July 20, 2026
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Steptrade Capital has closed its first funding round at Rs 100 crore for its Chanakya Opportunities Fund II, which targets Rs 500 crore total. The Category II Alternative Investment Fund will focus on growth-stage pre-IPO investments in manufacturing, energy transition, and emerging technology sectors.
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