IDF-II is a ₹ 500 crore (₹ 100 crore green-shoe) Category I Angel Fund managed by 35 North Ventures Pvt Ltd. It provides structured growth capital—equity plus optionally OCD/CCD/CCPS—to innovative, asset-light Indian companies at the inflection point between angel and institutional Series-A rounds. The vehicle aims to blend dividends and capital gains while catalysing inclusive employment across sectors.
• Sponsor commitment: 2.5 % of corpus
• SEBI-regulated, trust structure with Amicorp (trustee/admin) & ICICI Bank (custodian).
• Sector-agnostic mandate—agri-tech, defence tech, fintech, ed-tech, D2C, elogistics, ESG & more.