Equirus launches ‘Equirus InnovateX Fund’ to boost Tech Start-ups

By Gloria Mathias

Equirus, a financial services firm, has announced the launch of the Equirus InnovateX Fund (EIF), a $25 million investment vehicle dedicated to supporting seed-stage tech companies.

Equirus InnovateX Fund aims to nurture visionary entrepreneurs and empower them to build solutions that will shape the future of various industries. Key investment themes for EIF include Software as a Service (SaaS), Deep Tech, FinTech, and other emerging sectors, with a primary focus on B2B themes.

The $500,000 to $1 million fund will be invested in 15-20 companies showcasing a proven track record of sustainable business models and strong monetization strategies with the capability of solving critical problems in large, addressable markets.

Operated by experienced founders Sunder Nookala and Sadhika Agarwal, EIF brings a wealth of knowledge and a solid investment track record to the table. The ethos of EIF extends beyond providing capital; the fund is committed to unlocking value for early-stage start-up founders.

Through strategic counsel, amplified governance, assistance in building exceptional teams, and a focus on building enduring, sustainable enterprises, Equirus InnovateX Fund seeks to empower entrepreneurs to successfully navigate the complexities of the start-up journey.

“We believe that Equirus InnovateX Fund is more than just a financial investment; it’s a strategic partnership aimed at catalysing innovation, fostering growth, and contributing to the success stories of the next generation of tech leaders. By combining financial backing with a wealth of experience, mentorship, and industry connections, EIF is poised to make a significant impact in the tech start-up ecosystem,” said Sunder Nookala, Early-Stage VC, and Head Tech & Digital at Equirus.

Sadhika Agarwal, Early-Stage VC at Equirus, shared, “EIF represents a unique opportunity to foster innovation in the tech sector. Our aim is not just to invest capital but to be catalysts for the success of visionary entrepreneurs, helping them create sustainable enterprises that will shape the future. The talent pool in India, coupled with a supportive ecosystem for tech, positions us well to nurture promising businesses that can compete at a global level.”