SSA Sanjay Satpal & Associates · Est. 1993
SSA Capital · The family investment office

Owner's capital. Institutional discipline.

We invest the family's own capital across private markets, public markets and real estate: as direct investments, as limited partners in funds we back, and as sponsor and GP of our own SEBI-registered funds.

150+
Investments across asset classes
50+
Direct private company investments since 2014
10+
Fund commitments as LP
3
SEBI-registered fund platforms as sponsor
How we invest

Direct. Alongside. As GP.

01

Direct

Off our own balance sheet: equity in private companies from seed to pre-IPO, listed Indian equities, and land held for the long term.

02

Alongside, as LP

Where a specialist is better placed to find the deal, we back them: venture capital, venture debt, PMS and Category III strategies.

03

As sponsor and GP

One SEBI-registered fund for each asset class: deep tech, real estate and public markets, with the family's capital committed in each.

Asset classes

Private markets

Fifty-plus direct cheques since 2014, concentrated in deep tech and AI, fintech, healthcare, defence and consumer. Our deep tech exposure runs through Seafund, which backs the indigenisation of critical technologies in India.

Our investments in other sectors are made through LP positions in sector-specific funds across consumer, fintech, venture debt and other sectors, backing specialist managers who are best placed to find the deal.

  • Deep tech & AI
  • Fintech & insurtech
  • Healthtech & biotech
  • Defence & aerospace
  • Consumer brands

Public markets

A listed Indian equities book running continuously since the 1990s, held directly and through selected PMS and Category III mandates. Balance sheet quality first, then fundamentals, then the patience to do nothing for long periods.

SG Equity, a dedicated proprietary public markets fund, is in formation.

Real estate

Freehold land along NCR growth corridors, held unlevered, alongside the development and hospitality work of SSA Real Estate. Through SGRE we provide structured debt and equity to residential, commercial, warehousing and hospitality projects.

See SSA Real Estate
GP platform

One fund for each asset class.

The family is sponsor of each fund and commits its own capital alongside any outside investors.

Private markets · Deep tech

Seafund

Early-stage deep tech in India: semiconductors, AI, robotics, spacetech and defence, backing the indigenisation of critical technologies.

Fund size
₹200 crore
Structure
SEBI Category II AIF
Registration
IN/AIF2/22-23/1122
Status
Raising and deploying
seafund.in
Real estate

SG Real Estate

Structured debt and equity into residential, commercial, warehousing and hospitality projects across India's growth markets, including turnaround situations.

Fund I
₹450 crore, proprietary
Fund II
Targeting ₹2,000 crore
Structure
SEBI Category II AIF
Registration
IN/AIF2/23-24/1466
Fund I status
Final close announced · deployment under way
Fund II status
Raising · identifying opportunities
sgre.in
Public markets

SG Equity

A dedicated proprietary fund for listed Indian equities, carrying forward the family's public markets book.

Capital
Proprietary
Structure
SEBI Category II AIF
Status
In formation
Portfolio

Companies we have backed.

A consolidated view of the companies in our portfolio, however we hold them.

This is a consolidated list of all our investments. It includes companies we hold through three routes:

  • Direct investments
  • Funds where we are LPs
  • Funds where we are GP

Managers we back as LP

A selection from a wider group of fund managers we back across venture capital, venture debt, private equity and public market strategies.

  • RPSG Capital Ventures
    Consumer and early stage
  • Stride Ventures
    Venture debt
  • Founder Bank Capital
    Seed
  • Gemba Capital
    Micro VC
  • And other fund managers across asset classes.
Work with SSA Capital

You will hear back from the people who own the capital.

For founders and developers

Raising capital

If you are raising money and would like to be considered by the family office or by one of our fund vehicles, from deep tech startups for Seafund to real estate projects for SG Real Estate, do reach out. Tell us what you are building and how much you are raising.

For investors

Fund enquiries

If you would like to invest through one of the funds we manage that accept external capital, Seafund and SG Real Estate Fund II, or have any question about them, do reach out. Fund information is shared with eligible investors through the relevant placement memorandum.

SSA Capital 5, Ring Road, 3rd Floor, Lajpat Nagar IV, New Delhi · 011-4658 0000 · agam@ssafamilyholdings.com

Information on this page is not an offer or solicitation to invest. Units of SEBI-registered AIFs are offered only by private placement to eligible investors through the relevant placement memorandum. Past investments are not indicative of future results. Company names are shown for identification and do not imply endorsement.

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