RevX Capital

Choosing between the two funds

• Performing Credit suits growing businesses that need working capital, growth funding, capex or a bridge between equity rounds.
• Special Credit Opportunities suits established, asset-heavy businesses facing a specific event such as an acquisition, a refinancing or a turnaround.
• The SCOF page says it does not back early-stage startups, asset-light businesses, pure trading businesses or unsecured deals. Check these first.

How to apply

• Use the borrower enquiry form on the website. The page says the team will reach out after you submit your details.

What reviewers look for

• The firm says it evaluates founders on operational and execution efficiency and on other key metrics.
• For Special Credit Opportunities, the firm focuses on asset coverage, cash flow ring-fencing and a clear exit path.

RevX Capital is a private credit fund house based in Gurugram, with a Hyderabad office and a Mumbai office listed as coming soon. It lends through two SEBI-registered Alternative Investment Funds: a Performing Credit strategy for growing businesses and founders, and a Special Credit Opportunities Fund for established, asset-heavy businesses at a specific turning point. The firm describes its approach as founder-first, with structured repayment terms and an emphasis on principal protection for its investors.

How the two funds work

Performing Credit is the route for growth-focused businesses that need working capital, growth funding, replacement capex or a bridge between two equity rounds. The firm says it aims to issue a term sheet within two weeks and to deploy capital quickly, and it says repayment schedules can be tailored to a business's cash flows. It positions this as capital that does not require giving up equity, board control or significant ownership.

Special Credit Opportunities is a separate structured credit fund. Its page describes deals such as acquisition financing, promoter stake purchases ahead of an IPO, bridge financing between equity rounds, debt buyouts and refinancing. It names a sole-lender position and a board seat among its usual preferences, and it says it works with each borrower on asset coverage and cash flow ring-fencing.

Who can apply

Performing Credit is aimed at high-growth businesses and founders. The firm names profitable asset-light B2B companies and digital-first brands among the businesses that fit its thesis, along with legacy businesses that have stable operations but limited hard collateral.

Special Credit Opportunities is aimed at established operators with a long operating history, promoters at strategic moments, and viable businesses in transition. Its page says it works with businesses with a history of ten years or more and says it is sector agnostic. It states clearly what it does not do: early-stage startups, asset-light businesses, pure trading businesses, unsecured opportunities and businesses admitted under insolvency proceedings are all outside its remit.

How the process runs

The Performing Credit page sets out a timeline from first introduction to disbursal over about three to four weeks. It covers a first due diligence round, a non-binding decision and term sheet, documentation, due diligence and legal checks, an investment committee review and document signing. The Special Credit Opportunities page describes a longer process of about 45 to 60 days, with separate screening, due diligence levels, a pre-committee review and a final approval by an investment committee that includes external members.

Scale and track record

The About page says the firm has backed more than 180 businesses since inception. Its investor pages report 15 or more funded transactions for the Special Credit Opportunities Fund and 16 quarterly distributions to investors. These are self-reported figures.

The firm's own pages do not agree on several totals. The capital-deployed figure appears in different amounts on different pages, and its investor relations page gives both 180 or more and 160 or more as its portfolio company count. The founding year is also given differently on the About timeline. None of these conflicting figures is repeated here, so check the current numbers directly with the firm.

Registration

Both funds carry SEBI Alternative Investment Fund registration numbers, which the site shows on each page. The Performing Credit page says the firm is the first Alternative Investment Fund to be backed under the Credit Guarantee Scheme for Startups. That is the firm's own statement, and this page does not treat it as a confirmed membership detail.

Locations

The Gurugram office is in Sector 58, and the Hyderabad office is in the Nanakramguda financial district. The Mumbai office is listed as coming soon.

Who runs it

The team page lists Rahul Chowdhury as Managing Partner. It also lists investment, fund operations, finance and legal staff, along with external members of the investment committee.