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Sprint at a Glance

As on 30th September 2024

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310

STARTUPS

Number of startups we've invested in over last 2 years

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48.15 Crores

($6.01mn)
INVESTED

Amount of capital invested in startups by IM and Fund

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62.10 Crores

($7.76mn)
LATEST VALUE

Latest value of the capital invested by IM and Fund

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1.29X

MOIC

This is the Multiple on Invested Capital on our investment

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615

ANGEL INVESTORS

We have 615 investors across 7 countries, growing rapidly

Why Sprint

WE STAND OUT FROM ALL OTHER ANGEL INVESTMENT PLATFORMS

Carefully Curated Deals

Not high volume deal flow, unlike other platforms – Not a marketplace

Investment Committee

Senior experts with years of domain knowledge who are founders themselves – Not Investment Associates

Fund Manager's commitment

10% mandatory co-investment in every deal – Demonstrating high conviction

High Performance Driven

Industry-high 12% Hurdle Rate, before we charge our Profit Share

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Angel Invest

Angel SIP – The revolutionary way to make Angel Investments

Welcome to the future of investing with Sprint's Angel SIPs. We’ve now brought the power of SIPs of Mutual Funds to the world of Angel Investments.

BUILD YOUR PRIVATE EQUITY PORTFOLIO WITH A MONTHLY SIP STARTING WITH AS LOW AS ₹50,000/$625 PER MONTH FOR 50 MONTHS

Invest Now

SEBI Regulated Angel Fund

Angel Funds are Category 1 Venture Capital Funds under Alternative Investment Fund Rules under SEBI (Alternative Investment Funds) Regulations, 2012. They are governed and monitored by SEBI, the nodal regulator for capital markets in India. How do Angel Funds work?

Sprint ProcessSprint Process

1

1 - TRUSTEE

Catalyst Trusteeship Limited is the Trustee to our Fund and Protects the Interests of all Investors

2

2 - BANK

RBL Bank - Name: SALIL CHAKRABARTY INNOVATION FUND | Bank: RBL BANK | Account No.: 409001821513 | IFSC: RATN0000116 | SWIFT: RATNINBB | TYPE: Current Account

3

3 - CUSTODIAN+FUND ACCOUNTANT

Orbis Financial Corporation Limited is our Fund Accountant and Custodian, and oversees the bank account (authorized signatory with transaction control), manages schemes, allots units, and prepares unit statements.

4

4 - SPRINT

Salil Chakrabarty Innovation Fund is a SEBI Registered Category 1 Venture Capital Fund with Registration No IN/AIF1/22-23/1102

5

5 - Master Contribution Agreement

Investors wishing to participate in the Fund must do so after signing a Master Contribution Agreement. This governs the overall engagement between the fund and the investor.

6

6 - INVESTOR

“Angel Investor” means any person who proposes to invest in an Angel Fund and satisfies one of the following conditions, namely, (a) an individual investor who has net tangible assets of at least INR 2,00,00,000, excluding value of his principal residence, and who: (i) has early stage investment experience, or (ii) has experience as a serial entrepreneur, or (iii) is a senior management professional with at least ten years of experience; (b) a body corporate with a net worth of at least INR 10,00,00,000; or (c) an Alternative Investment Fund registered under these regulations or a Venture Capital Fund registered under the SEBI (Venture Capital Funds) Regulations, 1996.

7

7 - Drawdown Notice

When an investment opportunity is identified, the Fund issues a Drawdown notice, clearly defining the Class, the Hurdle, the Carry, as applicable.

8

8 - Unit Allotment

As and when each drawdown amount is transferred, the Custodian (Orbis Financial) allos units and issues a Unit Statement that shows the units in your name

9

9 - STARTUP

The investment amount is transferred to the Startup, and it becomes part of the Sprint's portfolio.

10

10 - EXIT

As and when the Fund exits the Startup, the proceeds are realized by the Fund, and after deduction of applicable carry, the net amount is transferred back to the investors.

Our Portfolio Design

We focus on all stages of companies, thereby optimizing on the risk-reward outcomes. Earlier stage companies have higher degree of risk, but offer higher return multipliers, and later stage companies have relatively lesser degree of risk, and therefore offer a lesser return multiplier. Balancing risk and reward is at the heart of what we do.

Strong Founders

Large Market Size

PMF Possible or Sighted

Ideally MVP launched

Customer acceptance

SEED/PRE-SERIES A

30%

>10X

4-5 Year Horizon

Strong Team

Proven PMF

Early Revenues

Investor interest

Strong retention

SERIES A

40%

>5X

3-4 Year Horizon

Strong Lead Investors

Clear path-to-profitability

Established revenue scale

Additional areas of monetization

SERIES B/C

20%

>3X

2-3 Year Horizon

Predictable outcome

Stability anchor

Potential IPO in sight

Inorganic growth possible

SERIES D+

10%

>2X

2-3 Year Horizon

See what our investors have to say!