PixelSky Capital, a secondaries-focused investment fund, has announced the first close of its maiden fund at INR 150 crore. The fund is targeting a total corpus of INR 400 crore.
The new vehicle is backed by IndigoEdge, a boutique investment bank specializing in growth-stage transactions, along with Hitesh Ahuja, founder of Yumlane. PixelSky Capital will deploy the capital into growth-stage companies by purchasing shares from existing investors and early employees, providing liquidity to stakeholders and enabling broader participation in proven startups.
The fund will focus on opportunities across technology, consumer, and enterprise sectors. With the first close completed, PixelSky Capital will begin identifying and executing secondary transactions while continuing to raise commitments to reach its INR 400 crore target corpus.
The initiative comes at a time when India’s startup ecosystem is witnessing a surge in secondary market activity, driven by the need for liquidity among early backers and employees in late-stage and pre-IPO companies. By creating structured access to such transactions, the fund aims to institutionalize secondaries as a key pillar of India’s venture ecosystem.
About PixelSky Capital
PixelSky Capital is a Bengaluru-based investment platform focused on secondaries in India’s startup ecosystem. The fund acquires stakes from existing investors and employees in growth-stage companies, creating liquidity pathways while offering investors access to high-quality opportunities.
