# Sprint VC

Sprint VC is a Private Equity based in Bangalore, India.

## Overview

- **Organization type:** Private Equity
- **Headquarters:** Bangalore, India
- **Region:** Oceania
- **Address:** WeWork Vaishnavi Signature, No. 78/9, Outer Ring Road, Bellandur Village, Varthur, Hobli, Bangalore, KA - 560103
- **Founded:** 2019
- **Assets under management:** Undisclosed
- **Website:** sprintvc.com
- **LinkedIn:** https://www.linkedin.com/company/sprintcapital

## Regulatory record

- **Reports private funds:** No

## About

Sprint is the brand name for the platform operated by Salil Chakrabarty Venture Partners LLP, the investment manager for Salil Chakrabarty Innovation Fund (SCIF), a Category 1 SEBI Registered Venture Capital Fund (Angel Fund). It combines LP participation in a VC fund with angel investing and aims to democratise angel investing and make startup investing accessible. The firm curates deals across stages from seed to Series D+ and invests alongside its angel investors.

## Sectors

- high-growth startups across multiple sectors

## People

- Salil Chakrabarty — Fund Manager
- Sousthav — Fund Manager (Inferred Leadership)

## Questions

### How is Sprint VC structured as a regulated vehicle?

Sprint VC operates through the Salil Chakrabarty Innovation Fund, a SEBI-registered Category 1 Venture Capital Fund under the Alternative Investment Funds Regulations, 2012. The fund is overseen by a trustee (Catalyst Trusteeship Limited), a custodian and fund accountant (Orbis Financial Corporation), and follows the drawdown notice and unit allotment process mandated by Indian securities law. Investors must sign a Master Contribution Agreement and meet the SEBI-defined 'Angel Investor' eligibility, which requires net tangible assets of at least INR 2 crore excluding the primary residence, combined with early-stage investment experience, serial entrepreneurial background, or senior management tenure.

### What is Sprint's minimum investment and how does the Angel SIP work?

Sprint offers an Angel Systematic Investment Plan (SIP) with a minimum commitment of ₹100,000 or $1,000 per month over 30 months. Unlike a lump-sum capital call, the Angel SIP allows investors to build a private equity portfolio incrementally. Each month's contribution is drawn down as opportunities are identified, with units allotted by Orbis Financial after fund transfer.

### Does Sprint VC co-invest alongside its limited partners?

Yes. Sprint's own fund documentation states the fund manager will invest at least twice the recommended investment amount for every opportunity showcased. This mandatory co-investment rule is presented as a high-conviction signal, aligning the manager's capital with the LPs directly in each portfolio company.

### What are Sprint VC's fee and carried interest terms?

Sprint applies an industry-high 12% hurdle rate before charging any profit share. While the exact carry percentage is not publicly listed, the profit-sharing mechanism is contingent on clearing this 12% preferred return threshold. The fund collects fees only through the profit share once the hurdle is met, aligning compensation with performance.

## Related profiles

- [Sprints](https://altss.com/profile/sprints)
- [Sprint Ventures](https://altss.com/profile/sprint-ventures)

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Last updated: 2026-08-11T15:08:11.274Z

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