Pegasus India Evolving Opportunities Fund

How to reach the fund

• Write to the general inbox, info@pegasusfininvest.com. The site shows no pitch form and no deadline.
• The office is in Hiranandani Gardens, Powai, Mumbai. The site does not say whether it takes walk-ins, so write first.
• The site publishes no response time, so keep talking to other investors while you wait.

Before you write

• Check that you fit the stated focus: asset light, India focused, in fintech, healthtech, edtech or cleantech, with a real social impact.
• Address the five things it lists: team, product market fit, unit economics, path to scale and exit, and positive impact.
• Say how you would measure your impact. The fund ties its portfolio to UN SDG goals and has an external committee for ESG and impact checks.
• Say which of its stated supports you need: strategy research, sales introductions, industry connects or fundraising help.

What to check

• The site does not state fund size, cheque size or stage. Ask early whether the fund can lead a round or only take part.
• The site looks dated, with news items from 2021. Confirm the fund is still making new investments before you spend time on a deck.

Pegasus India Evolving Opportunities Fund is a venture fund run by Pegasus FinInvest from Powai, Mumbai. The site lists it as a Category II Alternative Investment Fund registered with SEBI, with Pegasus Fininvest Advisory Private Limited named as the fund manager. It says it aims to invest into startups that are committed to making a positive social impact.

What it invests in

The firm says it proposes to invest in asset light India focused startups with significant potential for progressive socio-economic impact. Its about page lists four sectors of focus: FinTech, HealthTech, EdTech and CleanTech. It also describes itself as an operating investor that wants to go beyond capital and help companies build sustainable operating cash flow models. The site does not define a stage, so read the portfolio page to judge fit.

What it looks for

The about page lists five things the fund looks for in a company: a strong team, product market fit, strong unit economics, a clear path to scale and exit, and positive social impact. Its impact page tracks results for portfolio companies against UN SDG goals, and an external committee oversees ESG compliance checks and impact approval for portfolio companies.

How it supports founders

The site describes four kinds of support after investment. Strategy: team members help with competitive landscaping, financial modelling and research. Business development: opening doors to potential clients. Industry connects: introductions to upstream and downstream businesses, and mediating conversations between startups and established companies. Fundraising: help building a fundraising strategy and pitch storyboard, and vetting business metrics with next in-line investors.

Portfolio

The portfolio page names Zetwerk, Attron, Lal10, Tardid, RED.Health, Funfirst, Wear your opinion, Easy Home Finance, Freo, Zvolv, Snapmint, Zevo, Minimines and Emoha, and marks Prescinto as exited. The companies range from B2B marketplaces and manufacturing to consumer finance, electric vehicles, clean technology and elder care. Its news page is dated, with the newest items from 2021, so treat the portfolio list as a guide rather than a current record of new investments.

How to reach them

The site does not publish a pitch form, an application window, a deadline or a selection process. It shows a Mumbai address in Hiranandani Gardens, Powai, a general inbox, info@pegasusfininvest.com, and a phone number on every page. A short email describing your company, its sector and how far it has got is the route the site supports. Expect a conventional investor conversation rather than a programme with set steps.