Launched in July 2023, Singularity Growth Opportunities Fund II (SGOF II) is a SEBI-registered Category II AIF targeting INR 1,500 Cr (+ INR 500 Cr green shoe). With a focus on high-growth sectors like consumer, fintech, SaaS, and energy transition, SGOF II aims for 30%+ IRR across 16–18 deals. Backed by strong sector expertise, robust sourcing networks, and a proven track record with SGOF I, the fund is designed to unlock scalable, profitable growth opportunities across India’s evolving economic landscape.
Name:Singularity Growth Opportunities Fund II (SGOF II)
Launch Date:July 2023
Target AUM: INR 1500 Crore (+ INR 500 Crore green shoe option)
Category: SEBI-registered Category II Alternative Investment Fund
Focus Sectors:Consumer, Financial Services, Software, New Age Manufacturing, Energy Transition, Battery Recycling
Commitment Period: 36 months
Fund Tenor:8 + 1 + 1 years.
MOIC:1.3x
IRR:30%+
Performance Fee:20% (with hurdle rate of 10%)
Management Fee:1.90% p.a.
Number of Deals:16–18
Average Ticket Size:INR 50–150 Crore (USD 6–18 Mn)
Previous Fund (SGOF I):
Closed at INR 560 Crore within 18 months. Achieved a 30%+ IRR. 78% of portfolio EBITDA profitable.
Initial Drawdown: 20% of the commitment.
Subsequent Drawdowns: 15–25% quarterly over 2.5–3 years.
Placement Fee:Up to 2%.
Robust Sourcing Capabilities: Founder connects, PE/VC network.
Sector Expertise: Investments in high-growth sectors such as Fintech, SaaS, and Consumer Brands.
Capital Market Access: Strong public market exposure aiding IPO readiness.
Battery Recycling Firm: Focus on EV battery reuse and recycling.
Proprietary chemical extraction process.
Leading market player with significant TAM growth potential.
Data Centre EPC:Market leader in turnkey data center EPC projects.
Strong order book and revenue visibility.
Integrated Healthcare (IVF and Neo-natal Care):Largest single-location IVF facility in India.
High operational efficiency with scalable model.
Premium Motorcycle Brand:Revival of iconic brands like Jawa and Yezdi.
State-of-the-art manufacturing with high market share in the premium segment.
Organic Dairy:
India’s largest certified organic dairy brand.
Expanding into new markets and products.
Previous Fund (SGOF I):
Closed at INR 560 Crore within 18 months. Achieved a 30%+ IRR. 78% of portfolio EBITDA profitable.
Initial Drawdown: 20% of the commitment.
Subsequent Drawdowns: 15–25% quarterly over 2.5–3 years.
Placement Fee:Up to 2%.
