Planify Launches VentureX Fund for Investing in High-Growth SMEs By focusing on SMEs, VentureX aims to offer investors a chance to diversify their portfolios and tap into the rapid growth of startups across various industries.

By Entrepreneur Staff

You're reading Entrepreneur India, an international franchise of Entrepreneur Media.

Rajesh Singla, Founder and CEO of Planify

Planify, a financial institution known for its innovative investment solutions, has launched its latest initiative, the Planify VentureX Fund.

This new fund is tailored to uncover and invest in the most promising small and medium enterprises (SMEs) across emerging markets. By focusing on SMEs, VentureX aims to offer investors a chance to diversify their portfolios and tap into the rapid growth of startups across various industries.

Rajesh Singla, Founder and CEO of Planify, said, "The launch of Planify VentureX Fund represents a significant milestone in our journey to empower investors and support the growth of visionary entrepreneurs. Today, accredited investors have the financial capacity to invest INR 1 crore over a 2-3 year horizon. Still, they lack exposure in the AIF space and are investing heavily in mutual funds and PMS."

"At Planify, we believe in the power of innovation and disruption to drive meaningful change. SMEs have consistently outperformed Nifty and even Nifty Small Cap for the last 5 years. SMEs gave 79% CAGR compared to 56% in small caps and 20% Nifty50 in FY2024," Singla added.

As per the official release, a notable feature of the VentureX Fund is its focus on listed SMEs, mitigating common liquidity risks associated with venture capital investments.

Entrepreneur Staff

Entrepreneur Staff

Editor

For more than 30 years, Entrepreneur has set the course for success for millions of entrepreneurs and small business owners. We'll teach you the secrets of the winners and give you exactly what you need to lay the groundwork for success.
Business News

Elon Musk's xAI Claims Its New Grok 3 AI Is Better Than ChatGPT and DeepSeek: 'Seeing the Beginnings of Creativity'

xAI debuted the new AI on Monday, claiming it has 10 times the computational power of Grok 2.

Business Solutions

Get a Lifetime of Powerful PDF Tools That Won't Give You a PDF Headache

Banish frustrating PDF issues forever and just breeze through all of the old problems with editing, formatting, converting, annotating and more.

News and Trends

Gen Z Powers Crypto Surge, Mature Investors Lead Market Activity: Report

When it comes to the Web3 start-up ecosystem, India has emerged as the 2nd largest developer market and the 3rd largest founder base. The country acts as a base for 11.8 per cent of crypto developers and 5.4 per cent of global Web3 founders.

Business News

'Unprecedented in Our 53-Year History': Southwest Airlines Announces Its First Mass Layoffs Ever

The airline is eliminating 15% of its corporate workforce, including many in senior leadership positions.

Growing a Business

How Small Businesses Can Cut Through the Noise and Thrive During Political Transitions

Explores how small businesses can navigate the uncertainty of a political transition, focusing on the importance of maintaining control over key business operations. Additionally, emphasizes the opportunity for growth and advocacy in the face of policy and economic changes.

Business News

How 'Girls Trip' Producer Will Packer Went From Delivering Newspapers to Producing Billions at the Box Office: 'Everything Is Sales'

In a new interview with Entrepreneur, Packer discusses his book, "Who Better Than You?," which was released on Tuesday.