Spark Midas Investment Fund I
Spark Midas Investment Fund I is a dedicated late-stage Indian growth-equity vehicle investing in profitable, governance-ready businesses with a visible liquidity path. Spark’s current fund page names Nilon’s Enterprises, Renée Cosmetics, Sedemac Mechatronics and Kusumgar, reports ₹463.5 crore corpus and six active investments, and states that two portfolio companies have listed.
At a glance
- Founded
- 2024
- Footprint
- Chennai
- Stage
- Late-stage growth equity; near-IPO India
Research profile
Read the manager in sequence.
Open a section to inspect the evidence. The first view starts with the investment point of view; the rest stays quiet until you need it.
Investment lens
Spark Midas Investment Fund I uses a late-stage growth equity; near-ipo india approach across Consumer, manufacturing, industrial technology, textiles.
Current evidence
Spark’s current 2026 late-stage growth-equity page reports four investments in the first 19 months, two listings in Sedemac and Kusumgar, ₹463.5 crore Fund I corpus and six active investments as of August 2026. Sedemac’s prospectus and Kusumgar’s DRHP independently name Spark Midas Investment Fund I as a shareholder.
Strategy
Late-stage growth equity; near-IPO India
Sector focus
Consumer, manufacturing, industrial technology, textiles
Current signal
Spark’s current 2026 late-stage growth-equity page reports four investments in the first 19 months, two listings in Sedemac and Kusumgar, ₹463.5 crore Fund I corpus and six active investments as of August 2026. Sedemac’s prospectus and Kusumgar’s DRHP independently name Spark Midas Investment Fund I as a shareholder.
Next step
Need this manager reviewed against your mandate?
Share the allocation question, ticket size, liquidity constraints and existing exposure. Rupeia can determine whether this profile needs a deeper decision-support brief.