1729 Growth Fund I

SEBI Registered Long-only Category II AIF
Investing in listed and unlisted equity

Pre-IPO Companies

Join us in reaching public markets. We invest in profitable businesses with strong growth potential.

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Potential Investors

Request more details on the AIF and the private placement memorandum (PPM)

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About Us

Inspired by Ramanujan's discovery of hidden value in 1729

Our Story

The number 1729 became famous when mathematician Srinivasa Ramanujan instantly recognized it as "the smallest number expressible as the sum of two cubes in two different ways." What appeared ordinary to others held extraordinary significance to Ramanujan.

At 1729 Capital, we carry forward this spirit of discovery. Our mission is to uncover "1729s" in the market — small companies (both listed and unlisted) that may appear ordinary at first glance but possess hidden qualities that position them for exceptional long-term growth.

Srinivasa Ramanujan illustration

Structure

1729 Growth Fund I operates as a scheme of Flumen Investment Trust, a SEBI-registered Category II AIF. Investors contribute capital to the Trust, which is managed by Flumen Advisors LLP as Sponsor and Investment Manager. Orbis Trusteeship Services acts as Trustee, while Orbis Financial Services provides custodial and RTA services. Capital is invested in portfolio entities and distributions are made to investors upon realisation of investments.

Fund structure diagram

Investment Philosophy

Avenues

Three distinct pathways for deploying capital across India's growth landscape.

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Pre-IPOs

Patient capital for multi-year growth opportunities

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IPO Anchor & QIB

Early entry with high conviction in quality listings

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Event-Driven

Special situations including rights issues and QIPs

Investment Thesis

Strong Governance. Clear Growth. Right Timing.

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Transparent Promoters

Strong governance lens on leadership quality

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Clear Growth Drivers

Visible path to revenue expansion

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Reasonable Valuation

Margin of safety in pricing

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Right Timing

Pre IPO and IPO opportunities that are liquid by design

Frequently Asked Questions

An Alternative Investment Fund (AIF) is a privately pooled investment vehicle that collects funds from sophisticated investors for investing in accordance with a defined investment policy. AIFs are regulated by SEBI under the SEBI (Alternative Investment Funds) Regulations, 2012.

1729 Growth Fund I is a Category II AIF that invests primarily in listed and unlisted equity securities. The fund focuses on pre-IPO opportunities, IPO anchor investments, and event-driven special situations in companies with strong fundamentals and growth potential.

The Securities and Exchange Board of India (SEBI) is the regulator of Alternative Investment Funds in India. All AIFs must be registered with SEBI and comply with the SEBI (Alternative Investment Funds) Regulations, 2012.

1729 Growth Fund I operates as a scheme of Flumen Investment Trust. Flumen Advisors LLP serves as both the Sponsor and Investment Manager. Orbis Trusteeship Services acts as the Trustee, and Orbis Financial Services provides custodial and RTA (Registrar and Transfer Agent) services.