TEX Fund is a close ended fund with a life of 7 years established in June 2014. The Fund has been registered with Securities & Exchange Board of India (SEBI) under the SEBI (Alternative Investment Funds) Regulations, 2012 as a Category-I SME Fund. The primary objective of the fund is to contribute to the development of the powerloom and related textile sectors.
The TEX Fund’s investment focus is early and growth stage investments in Small Enterprises, as defined under the MSMED Act, 2006,
and as amended from time to time. Each investment will be limited to ₹3 crore. The Fund shall look for investing in companies
involved in new and emerging fields in the textile industry and allied products and services. The TEX Fund would inter alia invest
in areas such as development of textile production machinery and automation, technical textiles for various applications,
coated textiles, textiles for defence applications, sportswear, weaving and garment making. Related products and services such
as chemicals and materials also offer scope for venture investment. Innovative marketing is an area which could add
value to the country’s textile products.
TEX Fund is looking for investment in projects offering potential for attractive growth and earnings. Key criteria for project selection are –
Mail us: email@example.com