Beams FinTech Fund

What Beams FinTech Fund does

Beams FinTech Fund, operated through Investment Manager Beams VC Partners LLP, is a SEBI-registered Alternative Investment Fund (AIF) Category II growth-stage private equity firm focused exclusively on fintech and financial services companies in India. Founded in 2021 and headquartered in Mumbai (B-901, 9th Floor, Times Square Building, Andheri East), the firm manages approximately ₹900 crore (~$107M) in assets under management and concentrates capital across 10–12 portfolio companies per fund, currently holding six high-growth positions: Niyo (forex and travel banking), Progcap (supply chain finance for MSMEs), Credgenics (AI-powered debt collection), InsuranceDekho (insurance POSP aggregator), SK Finance (secured vehicle and business financing), and Infinity Fincorp Solutions (MSME micro-LAP financing). The firm combines private equity discipline with a public-market mindset, targeting growth-stage companies with strong unit economics, regulatory compliance, and a clear path to $100M revenue, with an average holding period of approximately five years.

The firm's revenue model follows traditional PE economics: recurring management fees on committed/invested capital during the investment period (typically 1.5–2.0% on AUM), plus performance-based carried interest (commonly 20% above an 8% hurdle) on successful exits. Its go-to-market is sales-led and relationship-driven—Sagar Agarwal (Founder & Managing Partner) and the team source deals through direct founder relationships, industry conferences (Global Fintech Fest, TiEcon, IVCA Conclave), flagship 'Fintech Unplugged' events across multiple cities, and research partnerships with BCG and JM Financial. Co-investments from global institutions (BNP Paribas's C Investments, MUFG Bank) demonstrate distribution into international financial institution capital.

Quantified portfolio outcomes include 75% of portfolio companies being profitable, 30%+ revenue CAGR across the portfolio, and 3X revenue growth on average since initial investment. The fund's competitive positioning emphasizes sector specialization, founder-first accessibility, and an active partnership model that includes GTM sharpening, governance rigor, ecosystem introductions to financial institutions, and strategic guidance through regulatory complexity—differentiating it from generalist growth-stage PE and venture capital investors in India's fintech ecosystem.

Name

Beams FinTech Fund

Legal name

Beams VC Partners LLP

Website

https://beams.vc

Company type

Private

Founded year

2021

Operating status

Operating

Headcount range

11–50 employees

Short description

Beams FinTech Fund is a SEBI-registered AIF Category II growth-stage private equity firm, founded 2021 in Mumbai, investing in Indian fintech and financial services companies across digital lending, insurance, payments, and B2B SaaS. It manages approximately ₹900 crore (~$107M) in AUM across a concentrated portfolio of six high-growth companies.

Ownership category

akta.pro rank

Product category

Growth-Stage Private Equity

NAICS

Funds, Trusts, and Other Financial Vehicles (525), Other Financial Vehicles (525990)

SIC

Investment Advice (6282)

akta.pro primary industry

Micro-PE / Lower Middle Market ETA Funds (FSANALAG)

Keywords

• Growth-stage venture capital
• Fintech investment fund
• Private equity fund
• Growth equity investing
• Venture growth capital

Headquarters

HQ city

Mumbai

HQ country

India

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Others

Revenue model

1. Management Fees: Traditional private equity management fee structure on committed capital during investment period, declining afterward.
2. Carried Interest: Performance-based carried interest (typically 20% of profits above hurdle rate) from successful portfolio company exits. Average holding period of 5 years.

Go-to-market motion2 records

Distribution channels1 record

Marketing channels4 records

Core offering

Beams FinTech Fund is a SEBI-registered Category II Alternative Investment Fund that provides growth-stage equity capital to Indian fintech and financial services companies. The fund manages approximately ₹900 crore (around USD 107 million) in assets under management, deploying capital across 10-12 companies per fund with a 5-year average holding period. Beyond capital, the fund combines private equity discipline with a public market mindset, offering operational support, governance guidance, and ecosystem connections through its network of prominent financial institution investors.

Product overview

Beams Fintech Fund is a mid-market private equity firm that operates a focused growth-stage investment fund for fintech and financial services companies in India. The firm manages approximately ₹900 crore in assets under management and typically deploys capital across 10-12 companies per fund. The fund's portfolio includes six high-growth companies spanning various fintech segments: Niyo (forex and travel banking), Progcap (supply chain finance for MSMEs), Credgenics (AI-powered debt collection), InsuranceDekho (insurance POSP aggregator), SK Finance (secured vehicle and business financing), and Infinity Fincorp Solutions (MSME micro-LAP financing). The firm combines private equity discipline with public market mindset, targeting 30%+ portfolio revenue CAGR and maintaining a 5-year average holding period.

Differentiator

Problem solved

Functional benefit

Products and services

• Niyo A fintech portfolio company offering forex and travel banking solutions to consumers and businesses.
• Progcap
• Credgenics
• InsuranceDekho A portfolio company operating as an insurance aggregator marketplace comparing and distributing insurance policies across 49 insurance partners.
• SK Finance
• Infinity Fincorp Solutions

Quantifiable outcome

• 75% of portfolio companies are profitable
• +3 more outcomes

Named customers4 records

Segments4 records

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Partnerships

Six partnerships are on record, tiered flagship and core.

• The Fintech Association of JapanflagshipGTM or Marketing Partner · 1 January 2025Collaboration for 'Fintech Unplugged: The India Opportunity' event in Tokyo, Japan. Expands Beams' flagship event series internationally, leveraging strengthening Japan-India fintech ties.
• JM Financial Ltd.coreStrategic or Co-development Partner · 1 September 2024Beams partnered with JM Financial Ltd. to publish 'Indian Fintech Journey: From Evolution to Mega Public Listings' report unveiled at Global Fintech Fest 2024. Joint thought leadership on India's fintech IPO landscape.
• ICAI Singapore ChapterflagshipGTM or Marketing Partner · 1 January 2024Partnership for 'Fintech Unplugged: Singapore Chapter' in collaboration with VC Grid. Hosted flagship series event in Singapore to foster cross-border fintech connections.
• Entrepreneurs Organization (EO)flagshipGTM or Marketing Partner · 1 January 2024Collaboration for 'Fintech Unplugged: Hyderabad Chapter'. Hosted flagship event series in partnership with EO to engage Hyderabad's fintech ecosystem.
• AUM CapitalflagshipGTM or Marketing Partner · 1 January 2024Collaboration for 'Fintech Unplugged: Kolkata Chapter'. Hosted flagship event series in partnership with AUM Capital to engage Kolkata's fintech and financial services ecosystem.
• Boston Consulting Group (BCG)coreStrategic or Co-development Partner · 1 September 2023Beams FinTech Fund partnered with BCG to publish 'Fintech Market Insights' report unveiled at Global Fintech Fest 2023. The partnership combines BCG's consulting expertise with Beams' fintech investment insights for industry research.

Scale indicators7 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• WestBridge Capital: India-focused growth and venture capital investor with concentrated portfolio approach and active founder engagement. Comparable as an India growth-stage investor backing high-conviction bets across sectors including fintech and financial services.
• Elevation Capital: India-focused growth-stage venture investor with strong fintech exposure (PolicyBazaar, Razorpay, others). Highly comparable as a thesis-driven growth investor targeting category leaders in India.
• Multiples Alternate Asset Management: India-focused mid-market private equity firm investing in growth-stage companies across financial services, consumer, and tech. Comparable model of concentrated bets on India growth stories with operating support.
• Kedaara Capital: India-focused PE firm backing market leaders in financial services, healthcare, and tech. Comparable as a growth-stage PE investor with operating partner model and India-centric thesis.
• Asha Impact: India-focused impact PE/VC firm backing growth-stage companies in financial inclusion and sustainability. Comparable as a sector-specialist growth investor in India with a thesis-driven, hands-on approach.
• Lightspeed India Partners: India-focused growth-stage VC firm with active fintech portfolio. Comparable as a sector-engaged growth investor backing Indian fintech companies through Series B and beyond.
• Aavishkaar Capital: India-focused growth investor backing inclusive businesses in financial services, healthcare, and agriculture. Comparable as a sector-focused India growth investor with operating support and ecosystem approach.

Broad incumbents

• ChrysCapital: One of India's largest homegrown PE firms with broad sector exposure including financial services. Comparable as an established India PE player with growth-stage orientation, though at materially larger AUM than Beams.
• Prosus Ventures: Global growth-stage technology and fintech investor with significant India portfolio (PayU, Byju's, others). Comparable as a growth-stage fintech investor operating in India with concentrated, thesis-driven approach at much larger scale.
• Norwest Venture Partners India: Global growth equity firm with active India presence investing across stages including fintech. Comparable as a growth-stage investor with operating support model, though at much larger global AUM.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/watch?v=7cAvVjU2_qE&list=PLHR3PNcbEp9hDn6gn15pepvesbLds27GG&index=15
• LinkedInlinkedin.com/company/beamsvc

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments8 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Beams FinTech Fund