Naman Bagri has joined India Growth Fund – I (IGF-I), 35North Ventures (SEBI accredited firm) as Managing Partner. He has spent two decades focusing on a long-term investment philosophy focused on building enduring value. His appointment marks a major step forward as IGF-I deepens its focus on India’s most consequential emerging sectors — Defence, Deep Tech, Space, and ESG-linked Manufacturing.
IGF-I is a SEBI-approved Category I Alternative Investment Fund, sponsored by 35North Ventures, with a targeted corpus of ₹2,000 crore (plus ₹500 crore greenshoe). The Fund backs growth-stage companies from Series A through pre-IPO, and it builds on the foundation of earlier India Discovery Fund vintages, which invested across defence technology, advanced manufacturing, fintech, SaaS, healthtech, consumer technology, and emerging digital infrastructure.
35North Ventures is an India-focused private equity and venture capital investment manager operating CAT-1 AIFs across early and growth stages. It serves as both the sponsor and investment manager for the India Discovery Fund series and the India Growth Fund series.
Naman, on the other hand, has experience across entrepreneurship, capital markets, investment strategy, and scaling financial businesses and has a disciplined approach to compounding capital and building high-performance teams.
Commenting on the new role, Naman said, “Joining India Growth Fund feels like a natural next step, a chance to back the founders who are quietly building India’s future, and to do it with a team that shares the same long-term conviction.”
The appointment is particularly significant as IGF-I’s core belief is that growth-stage companies need more capital, and Naman provides the necessary guidance, execution rigour, and access to networks.
Milan Sharma, Co-founder and Managing Director of Indian Growth Fund, added that Naman brings a combination of entrepreneurial vision, investment discipline, and execution excellence