01
Karncy Financing
Invoice & Accounts Receivable Financing
Short-term working capital against verified invoices. Self-liquidating on buyer payment.
Invoice only
30–90 days
Self-liquidating
Buyer credit
Private credit for the SME economy
Capital That Moves at the Speed of SMEs.
Karncy SME Synergy Fund provides accredited investors access to a diversified portfolio of cash-flow-backed SME financing, structured credit and selective growth investments, originated and monitored through the Karncy Platform.
Accredited Investors Only | Private Offering | Subject to Definitive Offering Documents
- USD 20M
- Maximum offering
- USD 100K
- Minimum commitment
- 9%
- Preferred return
- 36 Months
- Lock-up period
- Accredited
- Investors only
The Preferred Return is 9% per annum, non-compounding, subject to the governing documents and availability of distributable cash. It is not a guaranteed return.
Why Karncy is different
Capital should be managed with purpose, discipline and accountability.
- Capital with Purpose.
- Investment with Discipline.
- Growth with Alignment.
- Returns with Accountability.
For accredited investors seeking exposure to India's SME economy, Karncy provides a professionally managed framework through which capital can be deployed into carefully evaluated SME opportunities within the Fund's investment mandate.
Our role goes beyond identifying opportunities. We seek to understand the business, assess the underlying transaction and cash flows, structure the investment appropriately, execute with discipline and continuously monitor the investment after deployment.
We believe that investor returns and SME growth should not be competing objectives. They should be aligned. A sustainable and growing SME creates stronger cash flows, greater resilience and, ultimately, a stronger foundation for investor returns.
- Origination
- Due Diligence
- Underwriting
- Structuring
- Execution
- Monitoring
- Portfolio Management
- Reporting
The Karncy Platform is a technology-enabled marketplace designed to facilitate invoice financing, supply-chain financing and SME credit access. It supports investment origination, transaction onboarding, invoice verification, credit assessment, execution, portfolio monitoring and repayment tracking.
Investment strategyRead full strategy
Three investment engines.
A private-credit core, managed venture income and a selective equity sleeve. Each engine is designed for a distinct risk-return role and cash-flow profile.
Read full strategy
02
Karncy Ventures
Managed Joint Ventures with SMEs
Managed JV with an SME on an assured project. Payout at close.
Joint venture
Milestone release
Comptroller
Close payout
03
Karncy Equity
Strategic & Early-Stage Investments
Selective equity and convertible partnerships. Capped at a small sleeve of the Fund.
≤10% cap
Milestone tranches
Convertible
Strategic
Cap: ≤10% of committed capital
Read full strategyInvestment allocations are determined by the Manager and may change in response to market conditions, opportunities, regulatory considerations and portfolio requirements.
How the Karncy Platform works
Explore the platform One platform, three product workflows.
Invoice financing
Karncy Financing
- SME raises invoice
- Invoice & buyer verified
- Credit underwritten
- Invoice funded
- Buyer pays at maturity
- Capital recycled
Managed SME joint ventures
Karncy Ventures
- Viable project selected
- Joint venture structured
- Capital released on milestones
- Comptroller oversight
- Project close
- Investor payout
Seed & early-stage
Karncy Equity
- Company screened
- Selective investment
- Governance & monitoring
- Growth supported
- Exit realised
- Capital recycled
Portfolio construction
Portfolio architecture.
Core
Karncy Financing — Invoice & Receivables
Short-duration, self-liquidating exposures supported by verified receivables and debtor analysis.
Income / Managed Ventures
Karncy Ventures — Managed SME Joint Ventures
Ring-fenced joint ventures with established SMEs on assured projects, with Karncy as investor and comptroller over compliance, banking and project cash flows until payout at close.
Opportunistic
Karncy Equity — Strategic & Early-Stage
Equity, convertible instruments and growth capital — maximum 10% of committed capital.
Liquidity
Temporary Investments / Reserves
Cash and temporary investments held for working capital, reserves and transaction timing.
Strategic and early-stage investments: maximum 10% of committed capital.
Investment allocations are determined by the Manager and may change in response to market conditions, opportunities, regulatory considerations and portfolio requirements.
Investment selection
Four layers of assessment.
- 01
Borrower
- Financial performance
- Management experience
- Business viability
- Cash-flow visibility
- Market opportunity
- 02
Transaction
- Invoice verification
- Debtor creditworthiness
- Contractual enforceability
- Transaction structure
- Collateral protections
- LTV considerations
- 03
Portfolio
- Sector exposure
- Counterparty concentration
- Geographic exposure
- Liquidity
- Diversification
- Macroeconomic conditions
- 04
Monitoring
- Transaction monitoring
- Repayment tracking
- Portfolio analytics
- Collections coordination
- Ongoing credit review
Fund terms
Headline terms.
- Fund
- Karncy SME Synergy Fund, LLC
- Structure
- Texas limited liability company / pooled investment vehicle
- Offering
- Class A Units — Regulation D Rule 506(c) and Section 4(a)(2)
- Maximum offering
- USD 20,000,000
- Minimum commitment
- USD 100,000, subject to Manager discretion
- Preferred return
- 9% per annum, non-compounding
- Lock-up
- 36 months from subscription
- Fund term
- Perpetual until terminated pursuant to the governing documents
Technology-enabled origination
Transactions enter, are verified and are monitored inside the Karncy Platform.
Structured risk discipline
Borrower, transaction, portfolio and monitoring layers applied to each exposure.
Transparent investor process
Eligibility, verification, documentation and quarterly status reporting.
This website is provided for informational purposes only and does not constitute an offer to sell or a solicitation of an offer to buy securities except pursuant to definitive offering documents and applicable law.
The securities offered by Karncy SME Synergy Fund, LLC have not been registered under the Securities Act of 1933 or applicable state securities laws and are being offered pursuant to applicable exemptions from registration.
The offering is intended for Accredited Investors. Investors are subject to applicable eligibility and accreditation verification requirements.
The securities are restricted and illiquid and involve a high degree of risk, including the possible loss of the entire investment.
The SEC and other regulatory authorities have not approved or disapproved the securities or passed upon the merits of the offering.
Prospective investors should review the Private Placement Memorandum, Company Agreement, Subscription Agreement and other applicable offering documents and consult their own legal, tax and financial advisers.
For accredited investors
Request the Fund materials.
Access to the Private Placement Memorandum and related documents follows eligibility and accreditation verification.
Accredited Investors Only | Private Offering | Subject to Definitive Offering Documents