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Folks Motor registers Folks Funds with SEBI as Cat-2 AIF

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The Fund will make investments by a diversified mixture of fairness, debt and convertible devices, deploying capital through portfolio corporations and Particular Objective Autos

People Motor, a technology-led clear mobility firm constructing next-generation xEV options, on Tuesday mentioned that it has registered People Funds with the Securities and Trade Board of India (SEBI) as a Class II Various Funding Fund (AIF). People Funds will undertake a sector-agnostic funding technique, with a deal with high-growth alternatives throughout warehousing infrastructure, the electrical automobile ecosystem, knowledge centres, and actual property, the corporate mentioned in a launch.

The Fund will make investments by a diversified mixture of fairness, debt, and convertible devices, deploying capital through portfolio corporations and Particular Objective Autos (SPVs) slightly than direct possession of bodily belongings.

Nikhil Anand Khurana, Managing Director, People Motor, and Chief Funding Officer, People Funds, mentioned: “We imagine the subsequent decade of worth creation will likely be pushed by sectors underpinning India’s power transition, industrial enlargement and logistics spine. By People Funds, we’re defining the EV provide chain as an investable asset class, one that may entice disciplined home and world capital into vital development infrastructure.”

Printed on April 21, 2026



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Tags: AIFCat2FolksFundsMotorregistersSebi
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