Equirus Wealth is an Indian wealth-management and investment business and the disclosed legal investment manager of Equirus InnovateX Fund. Its wealth services include portfolio construction, mutual-fund and alternative-investment distribution, equity and debt investing, estate planning and family-office solutions. Through InnovateX it backs early-stage technology businesses in deep tech, software and SaaS, artificial intelligence and fintech, combining venture capital with founder mentoring, commercial networks and access to the wider Equirus group’s fundraising and exit expertise. The investment manager is Equirus Wealth Private Limited, CIN U74995MH2018PTC308551; InnovateX is a separate fund scheme within Equirus Alternative Fund Trust, not the name of a separate management company.
Founded
2018
Type
Venture capital
Funds1
Equirus InnovateX Fund₹1.66B
Equirus Wealth’s inaugural early-stage B2B technology fund completed its final close at INR166 crore, confirmed in the Equirus group’s own February17,2026 announcement. InnovateX is the first scheme of Equirus Alternative Fund Trust, with Equirus Wealth Private Limited as investment manager and Axis Trustee Services Limited as trustee. It invests in deep tech, SaaS, artificial intelligence and fintech. A fund leader’s own February21,2024 post confirms the earlier first close; this is the same vehicle, not an additional fund. Exact final-close execution day is unpublished; announcedAt records the dated primary public announcement.
Team
Operations and support
Abhijit BhaveManaging Director and CEO — published October2024; current tenure unverified
Ajay SampathManaging Partner — Equirus Family Office (published affiliated function)
Ajit DeshmukhKey Investment Team Member — InnovateX (Equirus group Managing Director)
Consuma₹120M · 2025-10-15