Physis Capital secures ₹200 Cr+ from SUDLIFE, Haldiram's Family Office, Lotus Holdings & more

The growth-stage VC fund launched by the Inflection Point Ventures team (Vinay Bansal, Ankur Mittal, Mitesh Shah) is on track for its final close within the next 6–9 months.

Backed by a powerful LP mix including SUD Life (JV of Bank of India, Union Bank, Dai-ichi Life Holdings, Inc.), Haldiram’s Family Office, Lotus Holdings, and Narayana Nethralaya, Physis Capital is going after 15–20 high-impact, tech-driven startups across healthtech, fintech, consumer brands & quick commerce.

Cheque size: $1–1.5M initial + $1–4M for follow-ons

Deployed so far: Ben & Gaws, CTPL, and STAGE

3–4 term sheets expected in coming months

“Beyond capital, our LPs bring serious strategic leverage,” said Ankur Mittal.

India’s venture ecosystem just got a sharper operator-led fund focused on sustainable scale. One to watch.

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