Growth (Series C+) fund research profile
Epiq Capital is a growth-stage technology investor founded by Rishi Navani, with a focus on later-stage private companies rather than seed experimentation. The platform has backed Indian consumer, health, software and commerce businesses through primary and secondary transactions.
At a glance
Research profile
Open a section to inspect the evidence. The first view starts with the investment point of view; the rest stays quiet until you need it.
Investment lens
Epiq Capital uses a growth (series c+) approach across Tech, consumer.
Current evidence
Epiq’s current manager pages identify Lenskart, Zepto and GIVA among its growth-stage portfolio. Lenskart’s 2025 IPO prospectus records transfers from Epiq Capital B, providing a dated company-level outcome trail; current Fund III plans are not publicly disclosed.
Strategy
Growth (Series C+)
Sector focus
Tech, consumer
AIF structure context
Indian venture capital and angel-fund strategies are commonly structured as Category I AIFs. Verify the specific vehicle and registration before investing.
Current signal
Epiq’s current manager pages identify Lenskart, Zepto and GIVA among its growth-stage portfolio. Lenskart’s 2025 IPO prospectus records transfers from Epiq Capital B, providing a dated company-level outcome trail; current Fund III plans are not publicly disclosed.
Investor questions
Epiq Capital is covered in Rupeia's venture capital research universe. The current public record describes the strategy as Growth (Series C+), with a sector focus of Tech, consumer. The profile should be read with the linked source trail and Typical route: Category I AIF context.
The profile displays only company or asset names attributable to Epiq Capital in the reviewed public sources: Lenskart, Zepto, GIVA, Cult.fit, Pristyn Care, Dailyhunt, Park+. It does not represent a complete current portfolio unless the manager has published one.
The second fund was reported at $225M and targeted about 10 companies with $20–25M tickets. Epiq has described portfolio revenue above $250M annualised and 75% annualised growth over three years; these are manager claims, not audited fund returns. These signals are not a substitute for fund- and vintage-specific net performance, realised distributions and audited or administrator-supported reporting.
Public fund size: Fund I was reported at $100M and Fund II closed at $225M in 2023; Epiq said AUM exceeded $300M across two funds.. Public terms or access information: Growth equity, generally Series C and later, with primary and secondary transactions and reported $20–25M cheque sizes for Fund II.. Current fees, minimum commitment and availability must be confirmed for the exact named vehicle in its fund documents.
The current source record names Rishi Navani (ex-Matrix). Verify current roles, departures, attribution and key-person provisions before relying on the team history for a new commitment.
Review stage concentration, follow-on reserves, company failure rates, dilution, exit timing and the gap between paper valuations and realised distributions. The current open diligence point is: Current vehicle terms, Fund III plans and fund-level performance are not publicly disclosed..
2025-11: Epiq’s current manager pages identify Lenskart, Zepto and GIVA among its growth-stage portfolio. Lenskart’s 2025 IPO prospectus records transfers from Epiq Capital B, providing a dated company-level outcome trail; current Fund III plans are not publicly disclosed.
Next step
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