Growth-Stage VC Firm Physis Capital Closes Maiden Fund at ₹400 Cr

by · Inc42

SUMMARY

  • Physis Capital has closed its first fund at ₹400 Cr, of which 60% has already been deployed across its portfolio that includes the likes of Momentum, Hudle, STAGE, and Elevate Now
  • The fund counts domestic institutional investors, prominent family offices, private equity funds and senior corporate leaders among its LPs
  • Physis plans to fully deploy the remaining capital over the next 6-8 months, and intends to launch its second fund in Q4 of CY2026