Pre-Series A to Series B fund research profile
Physis Capital is a growth-stage India venture fund founded by the Inflection Point Ventures team. It invests from pre-Series A through Series B and combines capital with an operating network of senior industry professionals and founder-support services.
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
Physis Capital uses a pre-series a to series b approach across Fintech, SaaS and enterprise, consumer and healthtech.
Current evidence
Physis’ current website continues to identify its $50M fund, $25M greenshoe option and named portfolio. In 2025, public reporting documented Physis participation in Hudle’s Series A and Recur Club’s equity round; CTPL’s company announcement also identifies Physis as a lead investor.
Strategy
Pre-Series A to Series B
Sector focus
Fintech, SaaS and enterprise, consumer and healthtech
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
Physis’ current website continues to identify its $50M fund, $25M greenshoe option and named portfolio. In 2025, public reporting documented Physis participation in Hudle’s Series A and Recur Club’s equity round; CTPL’s company announcement also identifies Physis as a lead investor.
Investor questions
Physis Capital is covered in Rupeia's venture capital research universe. The current public record describes the strategy as Pre-Series A to Series B, with a sector focus of Fintech, SaaS and enterprise, consumer and healthtech. 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 Physis Capital in the reviewed public sources: CTPL.io, Hudle, Recur Club, HRS Navigation, Elevate Now, Olyv, Urban Harvest, Ben & Gaws, Otipy. It does not represent a complete current portfolio unless the manager has published one.
Physis’ current manager site names CTPL.io, Hudle, Recur Club, HRS Navigation, Elevate Now, Olyv, Urban Harvest, Ben & Gaws and Otipy. Public company and media announcements document Physis participation in CTPL, Hudle and Recur Club; fund-level returns are not publicly disclosed. These signals are not a substitute for fund- and vintage-specific net performance, realised distributions and audited or administrator-supported reporting.
Public fund size: The manager states a $50M fund with a $25M greenshoe option for India-focused growth-stage startups.. Public terms or access information: Pre-Series A to Series B investing with technical, operational and strategic mentorship; detailed ownership, reserve and carry terms are not disclosed.. Current fees, minimum commitment and availability must be confirmed for the exact named vehicle in its fund documents.
The current source record names Vinay Bansal (Partner); Ankur Mittal (Partner); Mitesh Shah (Partner). 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: Final close and fund-level realised performance are not publicly disclosed; current manager, vehicle, team and attributable portfolio evidence are available..
2025-09-29: Physis’ current website continues to identify its $50M fund, $25M greenshoe option and named portfolio. In 2025, public reporting documented Physis participation in Hudle’s Series A and Recur Club’s equity round; CTPL’s company announcement also identifies Physis as a lead investor.
Next step
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