Last updated: May 23, 2023
Category of AIF
Category II Alternative Investment Funds.
- Regulated by the Securities and Exchange Board of India (SEBI)
- Registered as per AIF Regulations 2012
- Focus on early-stage venture capital investments
- Investments in high-growth startups across India
SEBI Registration Number
IN/AIF2/20-22/1055
- Registered with SEBI as per AIF Regulations 2012
- Compliance with all SEBI guidelines and regulations
- Regular reporting to SEBI
- Annual audits as per regulatory requirements
Managing Partner
Deeksha Satija — experienced fund manager overseeing investment operations.
- Responsible for day-to-day fund management
- Compliance with investment strategy and guidelines
- Regular portfolio monitoring and reporting
SCORES Registration
Orva VC is registered with SEBI's SCORES (SEBI Complaints Redress System) for investor grievances.
- SCORES provides an online platform for investor complaints
- All complaints are tracked and resolved through SCORES
- Direct communication channel with SEBI
- Transparent grievance redressal mechanism
About Category II AIFs
Category II AIFs are funds that do not undertake leverage or borrowing other than to meet day-to-day operational requirements. These funds include Private Equity Funds, Venture Capital Funds, and Debt Funds. Orva VC operates as a Category II AIF focusing on early-stage venture capital investments in high-growth startups across India.
Investment Philosophy
As a Category II AIF, Orva VC follows strict investment guidelines:
- Investment in unlisted securities
- Focus on early-stage companies (Pre-Seed to Series A)
- Minimum investment threshold as per SEBI regulations
- Maximum investment limits per portfolio company
- Diversification requirements across sectors and stages
Investor Eligibility
As per SEBI AIF Regulations, only qualified investors can invest in Category II AIFs:
- Minimum investment of Rs1 crore per investor
- Limited to 1000 investors per fund
- Primarily institutional and high net-worth individuals
- Foreign portfolio investors and NRIs eligible
Compliance Contact
- Registration Number
- IN/AIF2/20-22/1055
- legal@orvavc.com