Marwari Catalysts Launches Rajasthan’s First SEBI-Approved CAT 1 Fund*

**Udaipur:** Startup accelerator Marwari Catalysts has launched Rajasthan's first SEBI-approved Alternative Investment Fund (AIF) CAT 1 Angel Fund, aiming to invigorate entrepreneurial endeavors in India’s tier 2 and tier 3 cities. The fund, valued at ₹100 crore, is dedicated to supporting 300 startups.

Headquartered in Jodhpur, Marwari Catalysts (MCats) has a robust presence with regional offices in Mumbai, Bangalore, Jaipur, and Delhi. The accelerator has reviewed over 9,000 startups, developed a portfolio of over 80 companies, and achieved more than 8 successful exits. MCats has facilitated startups such as TURMS, Jaipur Watch Company, Hobit, ClimeKare, Insurance Padosi, Bank Sathi, ZoWorld, Revoquant, Accelerate India, Yearbook Canvas, MOB, and UCR.

The accelerator's influence extends to its 100+ Co-founders Club, and four portfolio founders have featured on Shark Tank. The startups within its portfolio have collectively generated over ₹500 crore in revenue, created more than 2,000 jobs, and raised over ₹350 crore in funding, showcasing the accelerator's significant impact on various industries.

MCats’ “mentors with skin in the game” approach has established it as a trusted partner for investors. Their upcoming flagship event, Startup Xchange, will feature four physical demo days in major cities: Mumbai, Bangalore, Delhi, and Jodhpur. Beyond the AIF, MCats maintains strong ties with family funds, corporate houses, and a network of celebrity co-investors, focusing on nurturing startups across diverse sectors such as Fintech, ReligionTech, SportsTech, Gaming, AR/VR, D2C, Ayurveda, Enterprise AI, MediaTech, PropTech, DefenceTech, BioTech, Food and AgriTech, Climate Change, Healthcare, SupplyChain Logistics, and SpaceTech.

The list of celebrity co-investors includes notable names like Amit Jain (CarDekho), Virendra Gupta (Daily Hunt), Dr. Kumar Vishwas, Kailash Kher, Kunal Shah (CRED), and Azhar Iqbal (Inshorts). These associations reflect MCats’ strong commitment, substantial funding, and influential backing.

Sushil Sharma, Founder & CEO of Marwari Catalysts, expressed his excitement, stating, "We are thrilled to launch Rajasthan's first AIF CAT 1 fund, marking a significant step in fostering innovation and entrepreneurship in our region. This initiative highlights our commitment to providing essential guidance, connections, and resources for startups to thrive. Join us in this transformative journey.”

Nitin Sethi, Joint President and Chief Digital Officer of Adani Group, emphasized their belief in the transparency and transformative power of innovation. Nirav Jogani, Vice Chairman of Lemon Consultech Group, noted the platform’s emphasis on collaboration and support from experienced Limited Partners. Chintan Sheth, CFO of Navika Capital Group, highlighted the ease of access for ultra-high net worth investors to a portfolio of promising Indian startups. Dr. Seema Choudhary, Founder & Managing Director of Seema Finechem Industry, expressed her satisfaction with the initiative, praising the positive outcomes for funders and the encouraging results achieved so far.