The Fund will make investments via a diversified mixture of fairness, debt and convertible devices, deploying capital through portfolio corporations and Special Purpose Vehicles
Folks Motor, a technology-led clear mobility firm constructing next-generation xEV options, on Tuesday mentioned that it has registered Folks Funds with the Securities and Exchange Board of India (SEBI) as a Category II Alternative Investment Fund (AIF). Folks Funds will undertake a sector-agnostic funding technique, with a give attention to high-growth alternatives throughout warehousing infrastructure, the electrical automobile ecosystem, information centres, and actual property, the corporate mentioned in a launch.
The Fund will make investments via a diversified mixture of fairness, debt, and convertible devices, deploying capital through portfolio corporations and Special Purpose Vehicles (SPVs) reasonably than direct possession of bodily belongings.
Nikhil Anand Khurana, Managing Director, Folks Motor, and Chief Investment Officer, Folks Funds, mentioned: “We believe the next decade of value creation will be driven by sectors underpinning India’s energy transition, industrial expansion and logistics backbone. Through Folks Funds, we are defining the EV supply chain as an investable asset class, one that can attract disciplined domestic and global capital into critical growth infrastructure.”
Published on April 21, 2026