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Investment Fund

Sucseed Indovation Fund

Overview

SucSEED Indovation, founded in 2016 in Hyderabad by Vikrant Varshney (former Chief Security & Fraud Risk Officer at HSBC), JA Chowdary (former Special IT Advisor to the Government of Andhra Pradesh), and Lax Chepuri, operates the SIF-Indovation Fund, which grew from Rs 100 crore to Rs 300 crore, backing 70+ investments and 30+ exits with a current portfolio valuation of Rs 14,121 crore. The firm separately runs a growth-stage "SIG Growth Fund" targeting $100 million.

Key Facts

Vintage year
2016
Managed by
Sucseed Indovation
Fund size
USD 36M
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Last updated April 18, 2026