RevX Capital has marked the final close of its third private credit fund, after raising the target corpus including the greenshoe option, the investment firm said Monday.
The Gurugram-headquartered firm raised the entire corpus within six months of the fund’s launch, a senior executive said in a social media post.
The firm launched the vehicle, the Special Credit Opportunities Fund, in December. The fund had a target corpus of Rs 900 crore, including a greenshoe option of Rs 300 crore.
“With Fund III successfully closed and the fund fully deployed, we are announcing our next fund launch on August 1, 2026,” Seema Gupta, vice president at RevX Capital, said in a Linkedin post.
The third fund makes deals in the Rs 30-100 crore range, providing structured capital to asset-heavy enterprises at strategic junctures within this underserved segment. The fund's portfolio construct spans promoter funding, acquisition financing, turnaround funding, and event-driven funding.
RevX Capital launched its maiden fund in 2023 and its second vehicle in 2025. The final close of both these funds were completed earlier this year.
So far, RevX has funded over 160 companies and deployed more than Rs 3,100 crore across its credit platforms. It provides debt capital to traditional legacy businesses, asset-light business-to-business companies, and new-age brands. The firm’s portfolio includes companies like Mivi, Farmley, Ayekart, and Alt Mobility, among others.
RevX is headed by founding managing partner Rahul Chowdhury. Apart from Gurugram, RevX also has an office in Hyderabad.