DFX Intelligence
VH Capital Xi
As of · the latest observation of this vehicle; each figure below carries its own filing date
HarvestFundraising status unknownADV: Venture Capital Fund
As of · the latest observation of this vehicle; each figure below carries its own filing date
1 additional principal, 1 event
Every relationship, signal and contact on this record, with the source on each.
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What matters now
- +90%reported GAV
Reported gross assets rose from $85.3M to $162M between the Form ADV filings of 10 Jun 2024 and 26 Jun 2026.
The fund's assets as the adviser swears them, never its size or dry powder.
Drawing the relationship network…
Amounts, each with its basis
- Vintage
- 2018basis: form d first sale
- Target
- unknownnot announced
- First close
- unknownnever inferred from a Form D
- Final close
- unknownonly from an announcement or an LP disclosure
- Announced size
- unknown
- Form D offering
- $92.0Mwhat may be sold, not what was raised; file 021-315353, sworn by the adviser or filed under this vehicle
- Form D sold
- $39.0Mas of the filing of Jun 25, 2019, 8 investors
- First sale
- Jun 26, 2018
- Reported GAV
- $162Mon the Form ADV filed Jun 26, 2026; the fund's assets, never its size or dry powder
- Owners (ADV)
- 27
- Reported on ADV
- May 28, 2020 to Jun 26, 2026
Fundraising evidence
What counts as raisingA Form D offering is permission to sell, not a fund in market; an amount sold is never a close; an evergreen offering amended every year is not a raise.Unknown
latest Form D 2019-06-25, older than 15 months (fr-1)
evidence dated Jun 25, 2019.
Lifecycle
Harvest
Lifecycle
vintage over 7 years, still reported
age years: 8first sale: Jun 26, 2018vintage year: 2018adv gav as of: Jun 26, 2026vintage basis: Form d first saleform d sold: $39.0Mform d offering: $92.0Mform d latest filed at: Jun 25, 2019
The fund's own reporting through time
7 Form ADV filings
| Filed | Type | Gross asset value | Owners | Min. investment | Adviser-owned | Audit | |
|---|---|---|---|---|---|---|---|
| May 28, 2020 | Venture Capital Fund | $92.3M | 18 | 0% | yes | ||
| Mar 31, 2021 | Venture Capital Fund | $85.3M | 18 | 0% | yes | ||
| Jun 21, 2021 | Venture Capital Fund | $85.3M | 18 | 0% | yes | ||
| Jun 17, 2022 | Venture Capital Fund | $85.3M | 18 | 0% | yes | ||
| Jun 19, 2023 | Venture Capital Fund | $85.3M | 18 | 0% | yes | ||
| Jun 10, 2024 | Venture Capital Fund | $85.3M | 18 | 0% | yes | ||
| Jun 26, 2026 | Venture Capital Fund | $162M | 27 | 0% |
Principals and agents
4 principals on Form D, 0 placement agents
- Tahen Kumar Servansingh Director
- Sameet Shailesh Mehta Director
- TEJ Kumar Gujadhur Director
Service providers
3 named on Form ADV Schedule D and Form D
- AuditorMOORE · PORT LOUIS, MauritiusForm ADV filed Jun 26, 2026 reports.adviserinfo.sec.gov
- AdministratorApex Group · TRIANON, MauritiusForm ADV filed Jun 26, 2026 reports.adviserinfo.sec.gov
- CustodianAXIS BANK LIMITED · MUMBAI, IndiaForm ADV filed Jun 26, 2026 reports.adviserinfo.sec.gov
Limited partners and their reported performance
Whose numbers these areEach row is the LP’s own number: its cash flows and its valuation policy as of its reporting date, not the fund’s. Net IRR is printed only when the LP prints one. The vintage is the LP’s definition (CalPERS: year of its first cash flow; WSIB: year of its initial investment).0 public LP reports
No public LP has reported this vehicle. The LP tape is read from public pension disclosures (see Limited partners); a fund appears here only when an LP’s report names it.
Known LPs and allocators
What these amounts and dates areA commitment date prints only when the source printed one; otherwise the row carries the date of the report that listed it. A foundation’s 990-PF line is a holding at fair value on its return, never a commitment.0 relationships, public pensions and the allocator graph, each counted once
No allocator names this vehicle in a public disclosure DFX holds: pension reports, foundation 990-PF returns or endowment disclosures.
Investments attributed to this vehicle
0
No investment attributed to this vehicle. The firm’s investments sit on the firm; a fund gets one only when a source names the vehicle.
Timeline
6 events
- Jun 26, 2026Auditor changed: MOORE replaced VBS BUSINESS SERVICES, first reported on the Form ADV filed June 26, 2026 (previous filing June 9, 2025)Auditor changed Fact Form ADV
- Jun 26, 2026Custodian changed: AXIS BANK LIMITED replaced AFRASIA BANK LIMITED, first reported on the Form ADV filed June 26, 2026 (previous filing June 9, 2025)Custodian changed Fact Form ADV
- Jun 21, 2021Administrator changed: Apex Group replaced GFIN CORPORATE SERVICES LTD, first reported on the Form ADV filed June 21, 2021 (previous filing March 31, 2021)Administrator changed Fact Form ADV
- May 28, 2020VH Capital Xi first reported on Form ADV by Medra (Venture Capital Fund), GAV $92,334,886Fund first reported on Form ADV Fact Form ADV
- Jun 25, 2019VH Capital XI filed Form D/A: $39,000,000 sold of $92,000,000, Venture Capital FundForm D filed Fact Form D
Evidence
47 observations
Every observation on this vehicle
- Entity type: Corporation Fact Form D
- Entity type: Corporation Jun 25, 2019 Fact Form D
- Entity type: Corporation Jun 26, 2018 Fact Form D
- Form D fund type: Venture Capital Fund Fact Form D
- Form D fund type: Venture Capital Fund Jun 25, 2019 Fact Form D
- Form D fund type: Venture Capital Fund Jun 26, 2018 Fact Form D
- Form D industry group: Pooled Investment Fund Fact Form D
- Form D industry group: Pooled Investment Fund Jun 25, 2019 Fact Form D
- Form D industry group: Pooled Investment Fund Jun 26, 2018 Fact Form D
- Amendment: true Fact Form D
- Amendment: true Jun 25, 2019 Fact Form D
- Amendment: false Jun 26, 2018 Fact Form D
- Revenue range (Form D): Decline to Disclose Fact Form D
- Revenue range (Form D): Decline to Disclose Jun 25, 2019 Fact Form D
- Revenue range (Form D): Decline to Disclose Jun 26, 2018 Fact Form D
- Incorporated: withinFiveYears Fact Form D
- Incorporated: withinFiveYears Jun 25, 2019 Fact Form D
- Incorporated: withinFiveYears Jun 26, 2018 Fact Form D
- Jurisdiction: Mauritius Fact Form D
- Jurisdiction: Mauritius Jun 25, 2019 Fact Form D
- Jurisdiction: Mauritius Jun 26, 2018 Fact Form D
- Amount sold (Form D): $39.0M Fact Form D
- Amount sold (Form D): $39.0M Jun 25, 2019 Fact Form D
- Amount sold (Form D): $0 Jun 26, 2018 Fact Form D
- Offering amount (Form D): $92.0M Fact Form D
- Offering amount (Form D): $92.0M Jun 25, 2019 Fact Form D
- Offering amount (Form D): $92.0M Jun 26, 2018 Fact Form D
- Exemptions: 06b, 3C, 3C.1 Fact Form D
- Exemptions: 06b, 3C, 3C.1 Jun 25, 2019 Fact Form D
- Exemptions: 06b, 3C, 3C.1 Jun 26, 2018 Fact Form D
- First sale: 2018-06-26 Fact Form D
- First sale: 2018-06-26 Jun 25, 2019 Fact Form D
- Investors (Form D): 8 Fact Form D
- Investors (Form D): 8 Jun 25, 2019 Fact Form D
- Investors (Form D): 0 Jun 26, 2018 Fact Form D
- Minimum investment (Form D): 0 Fact Form D
- Minimum investment (Form D): 0 Jun 25, 2019 Fact Form D
- Minimum investment (Form D): 0 Jun 26, 2018 Fact Form D
- Securities offered: Equity, pooled Fact Form D
- Securities offered: Equity, pooled Jun 25, 2019 Fact Form D
- Securities offered: Equity, pooled Jun 26, 2018 Fact Form D
- Office address: Fact Form D
- Office address: Jun 25, 2019 Fact Form D
- Office address: Jun 26, 2018 Fact Form D
- Year of incorporation: 2017 Fact Form D
- Year of incorporation: 2017 Jun 25, 2019 Fact Form D
- Year of incorporation: 2017 Jun 26, 2018 Fact Form D
Relationships across DFX
on 1 other DFX graph
Across the graphs
VH Capital Xi is the same institution as 1 record in RIA and Wealth.
RIA and Wealth1
The joined record opens with the product, beside every other relationship on this page.
Checking your plan…
Record history
3 dated events on the change ledger, latest event first
- Fund first reported on ADV2020-05-28source on record
- Form D filed2019-06-25source on record
- Form D filed2018-06-26source on record
The ledger records every merge, rename and reclassification this record went through and the dated filings observed on it, so the identity on this page can be traced to the records it was built from. The ledger's own sentences name other records, so they show with the names.