Celestial Chakra
Momentum Fund
We invest in the growth story of tomorrow's leading businesses - today. The Celestial Chakra Fund identifies high-potential, unlisted enterprises at pivotal inflection points, offering discerning investors a differentiated pathway to long-term wealth creation.
About Celestial Chakra Momentum Fund
Built for India's Next Growth Chapter
Celestial Chakra Momentum Fund is a SEBI-registered Category II Alternative Investment Fund (AIF), promoted by Gretex Corporate Services Limited (NSE: GCSL) — one of India's most respected SEBI Registered Merchant Banker with over 17 years of deep-rooted market experience.
We are a team of seasoned investment professionals united by a singular conviction: that extraordinary investment opportunities exist before consensus recognises them.
The Fund draws on the Gretex ecosystem's experience of identifying, advising and listing more than 50 companies on Indian stock exchanges. This experience highlighted the opportunity that can arise between an unlisted company's intrinsic value and its eventual market discovery price, which forms the basis of the Fund's investment strategy.
Celestial Chakra Momentum Fund
Conviction-led capital. Long-term partnership.
Our Promoter
Grounded in Capital-Market Experience
Gretex Corporate Services Limited is a publicly listed capital markets company on NSE, with a 17-year track record leading 50+ IPOs and listing them successfully on the exchange. Gretex has been recognized by BSE as a Top Volume Performer for SME IPOs — twice. The promoter’s deep SME ecosystem, comprising relationships with 1,000+ promoters across India, gives Celestial Chakra Fund a proprietary deal sourcing advantage that is genuinely difficult to replicate.
The result is an investment designed to evaluate opportunities beyond headline numbers and partner with businesses through important stages of value creation.
Institutional perspective
Built on experience across the investment lifecycle.
Celestial Chakra Momentum Fund
Fund at a Glance
Key commercial terms and the operating structure of the fund.
Fund Structure
| Scheme Name | Celestial Chakra Momentum Fund |
|---|---|
| SEBI Registration | IN/AIF2/26-27/2154 |
| Category | Category II Alternative Investment Fund |
| Fund Manager | Bahutex Ventures LLP |
| Sponsor | Bahutex Ventures LLP |
| Trustee | Orbis Trusteeship Services Private Limited |
| Custodian / RTA | Orbis Financial Corporation |
| Management Fee | 1.25% - 2.5% per annum |
| Performance Fee (Carry) | 20% above the hurdle rate |
| Sector Focus | Sector Agnostic — India Domestic Demand |
| Investment Mandate | >50% in Unlisted / Pre-IPO Companies |
Pinch or use the controls to zoom. Drag to move around.
Why Choose Us
We see value before the market catches up.
We do not wait for the market to notice what we already know. Our investment mandate is anchored in uncovering fundamentally strong, undervalued unlisted enterprises before institutional attention and market re-rating make them expensive. We bring capital, conviction, and hands-on partnership to the businesses we back.
Early Entry Advantage
Invest before institutional discovery. Capture the full re-rating journey as governance, visibility, and liquidity improve - at valuations reflecting limited awareness, not fundamental weakness.
Valuation Gap & Direct Access
Significant valuation discount versus listed peers. Direct promoter-level access enables deeper diligence and better entry terms unavailable in public markets.
Clear Exit Pathways
Multiple exit routes - SME IPO, secondary transactions, strategic sales, and public market re-rating. Private alpha with public market validation.
Investment Philosophy
Our Investment Philosophy is Centered Around Five Core Principles
01
Discovery
Discover Value Before It Becomes Obvious
At Celestial Chakra Momentum Fund, we believe exceptional returns are generated long before a business becomes widely recognized by the market. We identify high-quality Indian businesses where strong domestic demand, scalable models, and capable, ethical leadership converge.
We focus on listed and unlisted companies benefiting from India's long-term structural growth drivers, including consumption, manufacturing, formalization, infrastructure, and capital formation.
02
Promoter Quality
We Back Promoters, Not Just Businesses
Our investment process places significant emphasis on promoter integrity, capital allocation discipline, governance standards, and execution capability. We believe that long-term wealth creation is driven by exceptional entrepreneurs who can compound value responsibly over time.
Every potential investment undergoes rigorous due diligence that extends beyond financial statements through management interactions, industry channel checks, operational assessments, and ground-level validation.
03
Valuation
Valuation Discipline Remains Central
A great business is not always a great investment at any price. We seek businesses with strong growth potential, improving profitability, sustainable competitive advantages, and clear pathways to value creation, while maintaining discipline on entry valuations. Our objective is to create a margin of safety while preserving meaningful upside potential.
04
Value Realization
Investing with a Clear Path to Value Realization
Every investment is evaluated against a defined roadmap for value realization, whether through IPOs, SME-to-mainboard migration, strategic acquisitions, secondary transactions, or public market rerating. Our experience across private and public markets enables us to identify opportunities where business quality and liquidity events can converge to unlock shareholder value.
05
Long-Term Alpha
Insight, Access, Discipline, and Patience
Alpha is rarely created through crowded investment processes. It is created through insight, access, discipline, and patience. By combining proprietary deal sourcing, deep promoter relationships, rigorous research, and a long-term investment horizon, we aim to discover value before it becomes obvious and participate in the full journey of wealth creation.
Leadership
The People Behind The Fund
Mr. Vishnu Agarwal
Fund Manager, Bahutex Ventures LLP
Vishnu leads the fund's investment strategy, combining deep capital markets expertise with a proven track record in identifying high-potential businesses. Leveraging extensive promoter relationships built through the Gretex ecosystem, he spearheads proprietary deal sourcing and rigorous promoter-led diligence, enabling the fund to back scalable businesses with conviction.
Mr. Rajeev Kanotra
Key Investment Team Member
Rajeev brings over three decades of leadership across private equity, merchant banking, and equity capital markets. His expertise in valuations, deal structuring, portfolio construction, and IPO execution strengthens the fund's investment discipline while enabling value creation through well-planned exits, including public listings and strategic secondary transactions.
Advisory & Research
Advisors and Investment Team
Mr. Manish Bansal
Advisory Board
A distinguished investor and capital markets expert with over 25 years of experience, he specializes in investment strategy, financial markets, and regulatory policy. As a Senior Consultant with the DEA–AJNIFM Research Programme, Ministry of Finance, he brings deep policy insight alongside practical market expertise. His work spans SME listings, AIF structuring, and strategic growth advisory, complemented by his contributions as an author and keynote speaker on capital markets and investment.
Dr. Raju Manwani
Advisory Board
Dr. Raju Manwani is an accomplished business leader with over four decades of experience in real estate, entrepreneurship, and global community leadership. His extensive business network, governance expertise, and mentorship enable the fund to build strong promoter relationships, access differentiated opportunities, and support portfolio companies with strategic guidance and long-term value creation.
Mr. Devesh Chawla
Advisory Board
Devesh is a seasoned entrepreneur, investor, and startup mentor with a proven track record of scaling high-growth ventures. As Founder of Chatur Ideas and Chatur Wealth, he brings deep expertise in venture building, founder mentoring, and capital access, strengthening the fund's deal pipeline and providing strategic guidance to portfolio companies.
Mr. Yash Harlalka
Investment Analyst
Yash plays a pivotal role across investment research, fund operations, investor relations, and business development, helping strengthen the fund's institutional platform. His research-driven approach, operational execution, and focus on capital markets support informed investment decisions, enhance investor engagement, and drive the fund's long-term growth and scalability.
Mr. Prithwish Chakraborty
Investment Analyst
Prithwish Chakraborty comes with over three years of experience in both Global and Indian Equities. He leads the research and specializes in fundamental analysis of companies, financial modelling and valuation. At the fund, his contribution involves identifying high quality investment opportunities, conducting detailed due diligence, and tracking portfolio companies.
Start a conversation
Ready to Investin What Comes Next?
Connect with our team to learn more about the Celestial Chakra Momentum Fund and our approach to discovering high-conviction opportunities.
- Fund Name:
- Celestial Chakra Momentum Fund
- Managed by:
- Bahutex Ventures LLP
- Promoted by:
- Gretex Corporate Services Limited (NSE: GCSL)
- SEBI Registration:
- IN/AIF2/26-27/2154
- Compliance Officer:
- Mr. Vidit Gupta