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BizDateUp’s Pulse Fund races to Rs 250 crore in a month
MUMBAI: BizDateUp’s flagship Pulse Fund I has shot past the Rs 250 crore mark within just a month of its launch, putting the Rs 1,000 crore category II alternative investment fund on one of the fastest mobilisation tracks in India’s regulated AIF space. Registered under Pulse Trust, the fund blends allocations across startups, SMEs and real estate backed equity, with full drawdown targeted by June 2025.
BizDateUp group managing director Jeet Mukesh Chandan, said the rapid inflow reflects rising confidence in India’s maturing investment landscape. He added that the fund aims to build a disciplined and transparent route to wealth creation by balancing innovation with responsible capital deployment.
Buoyed by the quick response, BizDateUp is now preparing to file for a Rs 5,000 crore portfolio management services licence. The proposed PMS platform, currently being structured with institutional partners and seasoned fund managers, will pool listed equities, private credit and hybrid alternatives under one umbrella.
Co founder Meet Jain said the milestone shows investors are ready for a more modern approach to wealth building, one that links global capital with Indian enterprise while offering long term clarity and access. He noted that the PMS platform will open doors for both institutional and retail investors.
BizDateUp has steadily expanded from a venture studio to a multi asset financial platform, supporting more than 100 startups, deploying over Rs 100 crore in venture capital and establishing networks across Dubai, Singapore and London. With Pulse Fund I gathering pace and the PMS filing underway, the group is targeting over Rs 10,000 crore in assets under management by FY26.
Chandan said the early success of Pulse Fund I is only the beginning, adding that BizDateUp’s long term goal is to build a wide ranging wealth ecosystem that empowers investors, founders and institutions while shaping a more inclusive financial future for India.
