Empowering Tomorrow: Fostering Entrepreneurs in
Emerging Sectors
Tamil Nadu Emerging Sector Seed Fund (TNESSF) is a SEBI registered AIF (Venture Capital Fund) catalysing the growth of the startups and MSME ecosystem, with a melliferous team of seasoned professionals. TNESSF seeks to be long term partner with novel, disruptive yet differentiated companies providing insights, knowledge and funding.
TNESSF is the most active investor for CY 2023 in Tamil Nadu, as per Venture Intelligence database.
- Category of AIF(s) :
Category I -Venture Capital Fund - SEBI Registration Number(s) :
IN/AIF1/21-22/1008 - Name of the Fund Manager :
Mr. K. Janardhan
Investment Focus
TNESSF maintains an open approach to diverse sectors, particularly those in the growth stage. The fund currently concentrates its efforts on supporting companies in Tamil Nadu. Typically, investments made by the fund fall within the range of INR 3 to 10 crore, either through equity participation or convertible instruments.
Key Differentiators
Institutional Credibility
Visibility and Trust gained through partnering with a Government supported fund.
Follow-On Funding Based on Achieved Milestones
Leverage relationships in the VC/PE ecosystem and potentially participate in additional fund rounds based on milestones achieved.
Access to Supportive Business Networks
Mentoring and connecting with potential investors, partners and customers.
Sustainable Growth
Ensuring a balanced approach that focuses on both financial returns and social impact.
Evaluation Criteria
Promoters'
track record
Commitment to UN SDGs and ESG impact
Innovation and Growth Prospects
Potential Impact on the Economy of Tamil Nadu
Efficient Capital Utilization
Exit Opportunities, such as Acquistion or Public Listing
Scalable Business Model
Portfolio Impact
The fund activities are closely aligned with the following SDG’s.
KEY IMPACT
Our Portfolio
Our Investors
Investment Committee
