Planify’s VentureX Fund, launched on January 1, 2025, has achieved Rs 100 crore in commitments, reflecting strong investor confidence in the SME sector’s growth potential. The fund focuses on high-growth MSME companies, aiming to capitalize on the untapped opportunities within this segment. CEO Rajesh Singla announced plans to expand the fund by an additional Rs 250 crore, enhancing access to promising SMEs. Despite some negative headlines, the fund highlights the strong performance of SMEs, which contribute 30% to India’s GDP. The SME sector has shown impressive returns, outperforming major indices in recent years, underscoring its critical economic role.