All deals
You are viewing a shared deal. With a free account you access the full showcase and talk directly with whoever manages the deal.
BlueGreen Ventures Fund I
Capital Raising Live

BlueGreen Ventures Fund I

A barbell venture strategy — pairing pre-IPO growth positions with early-stage climate, fintech and consumer bets — designed to accelerate DPI while preserving early-stage IRR upside

75M
Target size
India
India
Investment fund
75MTarget size
AnyMinimum commitment
25%Target return (net IRR)
LiveStatus

Who they are & what they do

Industries
FintechCleantechHealthcareE-commerceEdtechConsumer
Company overview

BlueGreen Ventures Fund I deploys a barbell strategy that blends early-stage conviction bets with pre-IPO growth exposure. On the growth side, the fund targets Series A+ companies already known to the GPs, typically valued between USD 100–350 Mn, with an anticipated path to IPO within 24–48 months — a segment designed to accelerate distributions (DPI) earlier in the fund's life. On the early-stage side, the fund concentrates on Climate & Sustainability, post-AI education and careers, and the broader "Salt and Pepper" consumer economy, preserving the higher-IRR profile characteristic of early-stage venture investing.

Sourcing is split roughly 70/30 between trusted proprietary networks (100+ founders, inbound from angels, pre-seed investors and co-investors built on the GPs' operator-before-investor credibility) and strategic institutional presence (campus relationships, global footprint across Asia and Europe, and thought leadership). Underwriting combines founder-level diligence — vision, long-term commitment, and execution ability — with business-level filters requiring capital efficiency, population-scale problems (1M+ addressable users), a defensible execution edge, and domain-expert validation, particularly in climate.

Key clients & traction

family officesinstitutional allocators
Company type Investment fund
Firm founded 2016
Fund domicile India

Website: Confidential

Why look at this deal

Highlights

  1. 01Top-quartile returns
  2. 02Two portfolio IPOs
  3. 03$4Bn portfolio value
  4. 04119x IPO oversubscription
  5. 05Barbell risk-return model
  6. 06Eight-year GP partnership

Deal snapshot

Asset class / strategyVenture Capital
Target size75M
Hard capNot disclosed
Minimum commitmentAny
Target return (net IRR)25%
Fund term8 years, extendable by 1+1 years subject
Management fee2%
Carried interest20%
HeadlineA barbell venture strategy — pairing pre-IPO growth positions with early-stage climate, fintech and consumer bets — designed to accelerate DPI while preserving early-stage IRR upside
Firm AUM120M
Realised MOIC5.6x
Realised IRR59% (2018–2020), 22% (2021), 112% (2021–2023)
Investment team2 Founding/General Partners, supported by a dedicated Climate Advisor, IR Manager, Investment Associate, Brand Associate, ESG Associate, CCO/Financial Controller, Fund Accountant and Legal Associate
Deals completed~27 investments across the prior track record (11 seed 2018–2020, 5 pre-IPO winners 2021, 11 seed 2021–2023) plus follow-on rounds through Series C

Locked fields are disclosed after expressing interest.

Data room

Public files are open to everyone. The rest unlock once you qualify.

For companies and advisors

Have a deal to bring to market?

Publish your deal on UCapital Dealflow and reach qualified buyers and investors. Data room, NDA and lead management included.

Disclaimer

UCapital Asset Management LLP is authorised and regulated by the Financial Conduct Authority (FCA) in the United Kingdom and by CONSOB in Italy, and operates in the United States through FINRA-licensed US partners and affiliates.

This platform serves informational and technological purposes only: it executes no market transactions, does not constitute a solicitation to invest and provides no financial advice of any kind. The platform lets users manage a deal through the technological tools made available to them, such as the CRM for lead tracking and analytics. No capital raising and no sale is executed on or through the platform: each individual deal is executed offline by the designated regulated entities, in accordance with the regulations in force in each country, their compliance frameworks and under their full responsibility.

The content is intended exclusively for eligible counterparties, professional investors and professional clients as defined by applicable regulations, and does not constitute a public offer. The information is not directed at persons in jurisdictions where its distribution or use would be contrary to local laws or regulations.

The data shown on these pages is public data or data collected and processed by UCapital. For user-created deals, the data is entered by the users themselves, who take full responsibility for what is published: the publication of a deal on the platform does not constitute a recommendation, endorsement or verification by UCapital.

The data shown may not always be real-time and may differ from what is verified in due diligence when contacting the regulated entities responsible for managing the deal. Any prices, valuations and projections are purely indicative.

Every investment carries risks, including the total loss of the capital invested. Past performance is not indicative of future results. Before any decision, investors must carry out their own assessments and consult the regulated entities managing the deal and, where appropriate, their own legal, tax and financial advisers.