Steptrade Capital has announced the first close of its third Alternative Investment Fund, Steptrade Revolution Fund-II (SRF-II), targeting a total deployment of Rs 1,000 crore in India’s small and microcap space.
SRF-II is the second offering under the Revolution Fund banner, focusing on scalable opportunities in listed and unlisted small and microcap businesses.
The fund aims to support innovation-driven companies in sectors like renewables, defence, waste management, and infrastructure.
Steptrade's investment platform covers AIF categories, PMS, and FPI, attracting domestic and global investors interested in India's growing small enterprises.
CA Kresha Gupta, Director and Fund Manager at Steptrade Capital, sees the early close as a sign of investor confidence in the company's philosophy of bottom-up research and value creation.
Ankush Jain, CFA, Director and Fund Manager, emphasizes the importance of timing, structure, and research in microcap investing, highlighting a disciplined approach at Steptrade.
The fund's performance underlines its commitment to building portfolios that can grow consistently over time.
SRF-II is positioned to capitalize on emerging themes and sectors that are crucial for India's economic development.