Beams FinTech Fund
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.
- Company typePrivate
- Founded2021
- HeadquartersMumbai, India
- Headcount11–50
- GTM typeB2B
- OfferingServices
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.
Beams FinTech Fund firmographics
Firmographics- 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
Beams FinTech Fund industry classification
Industry- 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
Where Beams FinTech Fund is headquartered
LocationHeadquarters
- HQ city
- Mumbai
- HQ country
- India
- HQ region
- Asia
Offices1 record
Markets served
Beams FinTech Fund business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D, Others
Revenue model
- Management Fees: Traditional private equity management fee structure on committed capital during investment period, declining afterward.
- 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
Beams FinTech Fund product offering
Product offeringCore 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
Companies that use Beams FinTech Fund
Customer profileNamed customers4 records
Segments4 records
Ideal customer profiles1 record
Beams FinTech Fund technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature2 records
Beams FinTech Fund partnerships and signals
Strategic signalPartnerships
Six partnerships are on record, tiered flagship and core.
- The Fintech Association of JapanflagshipCollaboration 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.coreBeams 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 ChapterflagshipPartnership 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)flagshipCollaboration for 'Fintech Unplugged: Hyderabad Chapter'. Hosted flagship event series in partnership with EO to engage Hyderabad's fintech ecosystem.
- AUM CapitalflagshipCollaboration 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)coreBeams 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
Beams FinTech Fund competitors and assessment
Company assessmentDirect 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
Beams FinTech Fund social profiles
Digital presenceBeams FinTech Fund compliance and trust
Trust signalCompliance1 record
Beams FinTech Fund financial estimates
Financial estimateRevenue estimate
Valuation estimate
Beams FinTech Fund leadership team
Management profileNumber of profiles
Profiles3 records
Beams FinTech Fund funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Beams FinTech Fund M&A and investment
M&A and investmentM&A
Investments8 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Beams FinTech Fund
What does Beams FinTech Fund do?
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.
Is Beams FinTech Fund a public or private company?
Beams FinTech Fund is a private company. It is classified as venture growth investor backed and is currently operating.
When was Beams FinTech Fund founded?
Beams FinTech Fund was founded in 2021. It employs 11 to 50 people.
Where is Beams FinTech Fund based?
Beams FinTech Fund is headquartered in Mumbai, India, in the Asia region.
How does Beams FinTech Fund make money?
Two revenue lines are on record. Management Fees are the primary driver. The others are carried Interest.
Who are Beams FinTech Fund's main competitors?
Direct peers on record are WestBridge Capital, Elevation Capital, Multiples Alternate Asset Management, Kedaara Capital, Asha Impact, Lightspeed India Partners and Aavishkaar Capital. Broad incumbents are ChrysCapital, Prosus Ventures and Norwest Venture Partners India.
Does Beams FinTech Fund have an API?
No public API is recorded for Beams FinTech Fund.
What industry is Beams FinTech Fund in?
Beams FinTech Fund's product category is Growth-Stage Private Equity. Its primary akta.pro industry code is FSANALAG, Micro-PE / Lower Middle Market ETA Funds. Its NAICS code is 525 and its SIC code is 6282.