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Category II AIF

Sixth Sense India Opportunities IV (SSIO IV)

Sixth Sense India Opportunities IV (SSIO IV) is a consumer-focused Category II AIF in India by Sixth Sense Ventures, built to participate in India's long-term consumption compounding through disciplined private market investing.

SSIO IV is positioned to identify structural category shifts, partner with high-quality consumer and consumer-enabling businesses, and support founders across scaling and liquidity journeys.

Explore more Category II AIF opportunities on BlackSwan Securities and learn the basics on our AIF page.

Overview

About the Fund

About the fund: Sixth Sense India Opportunities IV (SSIO IV) Category II AIF

Sixth Sense India Opportunities IV (SSIO IV) is positioned as a consumer-focused Category II Alternative Investment Fund (AIF). The strategy is designed to identify structural consumption shifts and partner with high-quality consumer and consumer-enabling businesses through their growth and liquidity journeys.

For investors evaluating a consumer venture capital fund India, the emphasis is on a thesis-led approach, disciplined underwriting, and active portfolio engagement across the fund lifecycle.

This page is informational and should be read alongside the Private Placement Memorandum (PPM) and definitive fund documents.

Performance

Track Record

SSIO IV track record and prior vintage highlights

The fund materials summarise the manager’s historical experience across prior vintages, including portfolio construction discipline and execution capabilities in consumer-focused investing.

From an institutional lens, performance should be evaluated in context—vintage effects, portfolio mix, realised versus unrealised components, and the timing of liquidity events.

Important: past performance (including any metrics shown in the materials) is not indicative of future results. There is no assurance of returns or capital protection.

Positioning

Recognition & Positioning

SSIO IV recognition and positioning overview
SSIO IV recognition and positioning details

SSIO IV is presented as a specialist consumer franchise, with positioning anchored in category insight, consistent sourcing, and a repeatable approach to supporting challengers as they scale.

Recognition referenced in the materials should be interpreted as context for the manager’s platform and operating maturity—not as a promise of future performance.

Lifecycle

Lifecycle Positioning

SSIO IV lifecycle positioning across consumer company stages

The lifecycle framework highlights how consumer businesses evolve—from early category creation to scaled, institutional outcomes. Underwriting typically stresses category structure, differentiation, and the operating levers required to sustain unit economics at scale.

A lifecycle-aware approach also evaluates what “next-stage readiness” looks like across governance, reporting, capital structure, and strategic optionality, keeping exit pathways in view through the holding period.

Macro

Market Opportunity

SSIO IV market opportunity and India consumption tailwinds

India’s consumption growth is shaped by rising incomes, premiumisation, formalisation, and channel shifts. These forces create opportunities for consumer brands and enabling platforms with durable differentiation.

At a category level, the critical underwriting questions remain: is the proposition structurally better, can the business compound with strong unit economics, and is the pathway to scale supported by governance and execution depth?

Philosophy

Investment Philosophy

SSIO IV investment philosophy and underwriting approach

The investment philosophy emphasises thesis-led category selection, founder alignment, and disciplined underwriting grounded in unit economics, governance, and sustainable competitive advantages.

The approach also remains “exit-aware”—evaluating what later-stage investors, strategic acquirers, or public market pathways may require, and building towards those standards during the holding period.

Nurture

Portfolio Value Creation

SSIO IV portfolio value creation and nurture strategy

The fund highlights its role beyond capital—supporting portfolio companies through strategic direction, corporate engagement, institutional fundraise support, M&A opportunities, and scaling initiatives.

This section is presented as an illustrative example of value creation and portfolio support, and not as a guarantee of future outcomes.

Terms

Fund Terms

SSIO IV fund terms and structure overview

Fund terms are summarised here for quick reference. Investors should rely on the PPM and definitive agreements for the complete set of rights, obligations, fees, governance provisions, risk factors, and disclosures.

  • Target corpus: ₹2,500 Cr (+ ₹700 Cr greenshoe)
  • Tenure: 9 years
  • Commitment period: up to 48 months
  • Management fee & profit share: class-based

AIF Overview

Category II AIF in India – Overview

Category II AIFs in India are widely used for private equity, venture capital, structured credit and sector-focused investment strategies, typically requiring a minimum investment of ₹1 crore.

Sixth Sense India Opportunities IV (SSIO IV) is positioned as a consumer-focused Category II AIF in India, with exposure to India’s long-term consumption, premiumisation and brand-led growth themes.

Investor Queries

FAQ

Below is a plain-language summary of common questions typically addressed in fund materials and definitive documentation. For any investment decision, rely on the Private Placement Memorandum (PPM), contribution agreement, and other definitive documents.

SSIO IV is presented as a consumer-focused Category II Alternative Investment Fund (AIF) strategy. The exact structure, terms, and investor rights are governed by the PPM and definitive documents.

Category II AIFs in India are alternative investment funds that invest in private equity, venture capital, structured credit and other non-traditional assets, typically requiring a minimum investment of ₹1 crore.

Alternative Investment Funds are regulated under SEBI (Alternative Investment Funds) Regulations, 2012 and applicable circulars. Investors should review the fund documentation for scheme-specific regulatory disclosures.

Eligibility depends on applicable laws, investor category, and the fund’s documentation. Participation is subject to KYC, onboarding requirements, and compliance checks.

AIFs are typically commitment-based, with capital called through drawdown notices during the commitment period as defined in the fund documents. The drawdown process, timelines, and notice periods are specified in the PPM.

There is no assurance of returns or capital protection. Outcomes depend on portfolio performance and market conditions at the time of liquidity events. Investors should review risk factors and the absence of any return guarantee.

Disclaimer

Compliance Disclaimer

This page is for informational purposes only and does not constitute investment advice, an offer, solicitation, or recommendation. Investments in AIFs are subject to market, liquidity, regulatory and business risks. Past performance is not indicative of future results. Investors should refer to the fund documents and consult their advisors before investing.

For more context, visit our AIF page or contact us.

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