KarncySME Synergy Fund
KarncySME Synergy Fund
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.

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Accredited Investors Only | Private Offering | Subject to Definitive Offering Documents

CAPITALKARNCY PLATFORMSME GROWTH
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.

  1. Origination
  2. Due Diligence
  3. Underwriting
  4. Structuring
  5. Execution
  6. Monitoring
  7. Portfolio Management
  8. Reporting
Read our full approach

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 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.

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
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
Read full strategy
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 strategy

Investment 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

One platform, three product workflows.

Explore the platform

Invoice financing

Karncy Financing

  1. SME raises invoice
  2. Invoice & buyer verified
  3. Credit underwritten
  4. Invoice funded
  5. Buyer pays at maturity
  6. Capital recycled
Product strategy

Managed SME joint ventures

Karncy Ventures

  1. Viable project selected
  2. Joint venture structured
  3. Capital released on milestones
  4. Comptroller oversight
  5. Project close
  6. Investor payout
Product strategy

Seed & early-stage

Karncy Equity

  1. Company screened
  2. Selective investment
  3. Governance & monitoring
  4. Growth supported
  5. Exit realised
  6. Capital recycled
Product strategy
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.

  1. 01

    Borrower

    • Financial performance
    • Management experience
    • Business viability
    • Cash-flow visibility
    • Market opportunity
  2. 02

    Transaction

    • Invoice verification
    • Debtor creditworthiness
    • Contractual enforceability
    • Transaction structure
    • Collateral protections
    • LTV considerations
  3. 03

    Portfolio

    • Sector exposure
    • Counterparty concentration
    • Geographic exposure
    • Liquidity
    • Diversification
    • Macroeconomic conditions
  4. 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
Full fund terms Key risks

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.

For accredited investors

Request the Fund materials.

Access to the Private Placement Memorandum and related documents follows eligibility and accreditation verification.

Request Fund Materials Schedule Investor Call

Accredited Investors Only | Private Offering | Subject to Definitive Offering Documents