- Pulse Fund I secures ₹250 crore commitments in one month, targeting full drawdown by June 2025.
- Diversified portfolio: 50% startups, 30% SMEs, 20% real-estate-backed equity.
- BizDateUp preparing to file for ₹5,000 crore PMS license.
- Group aims to cross ₹10,000 crore AUM by FY2026.
- Evolved from venture studio to multi-asset financial platform with global connections.
Mumbai, 27 November 2025 – BizDateUp Group today announced that its flagship Pulse Fund I, a ₹1,000 crore Category II Alternative Investment Fund (AIF), has achieved a major milestone by securing ₹250 crore in investor commitments within just one month of launch.
Registered under Pulse Trust (SEBI Registration No. IN/AIF2/25-26/1887), the fund has quickly gained traction among investors, marking one of the fastest mobilisations in India’s regulated alternative investment space. Pulse Fund I follows a diversified portfolio strategy:
- 50% allocation to startups
- 30% to SMEs
- 20% to real-estate-backed equity
The fund aims to achieve full drawdown by June 2025.
“This milestone reflects the growing trust in India’s evolving investment ecosystem,” said Jeet Mukesh Chandan, Group Managing Director, BizDateUp. “Pulse Fund I is not just a fund; it’s an effort to make capital markets smarter, more inclusive, and future-ready.”
Encouraged by this success, BizDateUp is preparing to file for a ₹5,000 crore Portfolio Management Services (PMS) license, currently being structured with experienced fund managers and institutional partners. The PMS platform will integrate listed equities, private credit, and hybrid alternatives under one unified framework.
“The quick success of Pulse Fund I shows that investors are ready for a new approach to wealth creation,” said Meet Jain, Co-Founder, BizDateUp. “Our upcoming PMS platform will connect global capital with Indian enterprise, offering transparency, quality, and long-term growth.”
Over the past few years, BizDateUp has evolved from a venture studio into a multi-asset financial platform, supporting 100+ startups, deploying ₹100+ crore in venture capital, and building strategic connections across Dubai, Singapore, and London. With Pulse Fund I operational and the PMS filing underway, the Group aims to cross ₹10,000 crore in assets under management (AUM) by FY2026, positioning itself among India’s fastest-growing private investment platforms.
“This is only the beginning,” added Jeet Mukesh Chandan. “Our vision is to create a comprehensive wealth ecosystem that empowers entrepreneurs, investors, and institutions alike.”
