Iq LP V is a venture capital fund based in Gandhinagar, India. According to its most recent Form D, filed Aug 8, 2025, it has sold $72,000,000 of interests to 9 investors since its first sale in Apr 2025. The minimum investment it accepts from an outside investor is $150,000. It relies on the Section 3(c)(1) exclusion, which limits it to 100 beneficial owners, typically accredited investors. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Gagan Goyal; Anand Lunia; LLP India Quotient Advisers.
- Total raised
- $72,000,000Cumulative sales reported on Form D
- Investors
- 9
- First sale
- Apr 25, 2025
- Minimum investment
- $150,000
- Who can invest
- Accredited investorsSection 3(c)(1): up to 100 beneficial owners
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Gagan Goyal; Anand Lunia; LLP India Quotient Advisers
- Latest Form D
- Aug 8, 2025
From SEC filings, not verified. This page republishes the fund's Form D as filed. It is not an offer, solicitation or recommendation, and AltMountain has not reviewed the fund. “Raised” is cumulative sales, not current assets or performance. Returns are not part of SEC filings. Private funds are speculative, illiquid and generally limited to accredited investors or qualified purchasers. Full disclosures · Request a correction
Questions about Iq LP V
What is the minimum investment for Iq LP V?
According to its latest Form D, filed Aug 8, 2025, the minimum investment Iq LP V accepts from an outside investor is $150,000.
Who can invest in Iq LP V?
Iq LP V is generally open only to accredited investors, and it may have no more than 100 beneficial owners because it relies on Section 3(c)(1). It uses Rule 506(b), which does not allow general advertising.
How much has Iq LP V raised?
Iq LP V reports $72,000,000 sold from 9 investors on its Form D filed Aug 8, 2025. This is cumulative sales since the offering began, not current assets or performance.
Where is Iq LP V based?
Iq LP V is based in Gandhinagar, India and is managed by India Quotient Advisers LLP.
When did Iq LP V launch?
Iq LP V reports its first sale in Apr 2025.
Size compared with every venture capital fund
Raised more than 80% of the 40 venture capital funds based in India, and more than 97% of all 15,180 that report sales.