FAQs

Find answers to common questions before reaching out to MGF-Kavachh.

MGF-Kavachh : What and Why ?

MountTech Growth Fund (MGF), a SEBI Registered Category II AIF, has launched its inaugural fund, MGF-Kavachh, focusing on startups in frontier technologies aligned with India's strategic sectors.

What prompted the creation of MGF-Kavachh ?

Founders' thesis is built on these meta trends:
-         Multipolarity and geopolitical shifts.
-         Disruptive tech advancements.
-         Positive long-term policy and economic outlook for India.

India's growth narrative is compelling. By 2030, its GDP is set to double to US$7 trillion, driven by structural reforms, policy improvements, and demographic advantages. The path for sustainable growth has been laid by rapid advances in physical and digital infrastructure, energy transition, financialization, and a robust start-up ecosystem.

Amid evolving geopolitical challenges, India must swiftly build moats to protect its aspirations. Rapid local innovation and indigenization of critical technologies are essential, particularly in strategic sectors.

MGF believes this presents a unique opportunity to foster innovation and secure India's growth, while delivering exceptional returns to investors.

What is MGF's Vision ?

Stronger India, Safer World

What are MGF’s core-values ?

Credibility, Diligence, Frugal, and India-first

What does MGF-Kavachh look for in its portfolio companies?

It looks for smart, technically brilliant, passionate, and resilient founders who are committed to building products and services in the Fund’s sectors of interest that have growing and attractive revenue opportunities, have multi-industry applications and potentially appeal to both Indian and global markets. 

The Fund primarily invests in early to growth-stage companies that pass through its thesis filters. It prefers to lead or co-lead rounds, or co-invest with reputable, value-adding partners only.

How is MGF-Kavachh different ?

MGF-Kavachh's focused investment thesis, credibility, subject matter expertise, and curated BASE and NODE platform uniquely position it as the preferred choice for founders, co-investors, institutions, and ecosystem players

What is MGF-Kavachh Fellowship Program ?


The MGF Kavachh Fellowship is an initiative designed to nurturing young talent interested in building careers in technology, business, and finance. Fellows collaborate closely with MGF's Investment team, enhancing their strategic thinking, research, communication, networking, deal evaluation, and operational skills through live projects. This valuable experience significantly enriches their CVs.

Our current Fellows and Scholars are selected from leading institutions such as IIT Delhi, IIM Calcutta, Ashoka University, and SRCC, Delhi.

The Program has three tracks for the talented Individuals to benefit from, while contributing to MGF:


MGF-Kavachh Fellow
Duration           :2 to 6 months
Mode                :In-office (NCR)or hybrid
Eligibility           :Bachelors, Masters, or Ph.D. students OF Engineering, Economics, and Business from Tier I institutes
Details               :Stipend provided, open twice a year for summer and winter batches
Onboarding       :Fellow or Senior Fellow based on seniority and experience

MGF-Kavachh Research Scholar
Duration          :3 months
Mode               :Remote
Eligibility          :Bachelors, Masters, or Ph.D. students OF Engineering, Economics, and Business from Tier I institutes
Details             :Unpaid engagement, open round the year
Onboarding     :Scholar or Senior Scholar based on seniority and experience

MGF-Kavachh MBA Scholar (Currently exclusive to IIM Calcutta’s Executive MBA Program)
Duration          :6 months
Mode               :Remote
Eligibility          :MBA candidates from Tier I institutes in India or overseas
Details              :Unpaid engagement, Integrated with MBA curriculum, outcomes jointly graded  by MGF-Kavachh,                           open round the year
Onboarding     :Senior Scholar