
IMPACT & METRICS

Demonstrated 40% cost optimization from ML deployment in energy/telecom use cases.

Strategic telecom equity to support network expansion and improved data access.

Product differentiation protected by international IP for battery regeneration.
The Fund's Approach
We are not passive investors. We provide:
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Growth capital (early to growth stage) and support capital (strategic, operational, technical help).
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Active mentorship from domain operators and financial oversight.
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Discipline in communication: concise, precise investor materials and product descriptions (e.g., using “digital transformation” not “digital media”).

VISION
To enable ventures that deliver inclusive, scalable impact across Bharat by marrying innovation with tangible and sustainable solutions.
MISSION
1. Back companies that advance clean energy, accelerate digital transformation, and reimagine life-pattern & wellness.
2. Provide capital plus strategic partnership - operational guidance, technology roadmaps, and go-to-market support.
3. Measure success by value created for all stakeholders, businesses and communities.
TRUSTEES

Probal Ghosal
Founder and Managing Partner GCV
A seasoned finance & management leader with 30+ years of cross-sector experience. Co-founder & Former Chairman of Ujala Cygnus Healthcare Chain, he is now spearheading organisations across the realm as an investor & mentor.

Sabari Ghosal
Trustee
A researcher and academician with 26+ years of experience, 25 international publications, and five patents. She has worked with the National Institute of Immunology, DRDO (DIPAS), and Amity University.

Pallabi Ghosal
Trustee
Specialises in investment funds, asset management, and financial regulation. She advises funds on portfolio investments, joint ventures, and corporate restructurings, and has contributed to regulatory reform through submissions to SEBI, RBI, IRDA, and the Government of India.
OUR TEAM

Debashish Ghoshal
Co-Business Manager
A senior investment banker with 25+ years’ experience, he has led ~100 capital market transactions and held leadership roles at HSBC, SBI Capital Markets, EY, Tata Strategic, and ICICI Bank.

Sougata Sengupta
Co-Business Manager
A Company Secretary 25+ years’ experience, Sougata has helped raise ₹10+ billion in capital and specialises in IPO management and corporate governance, with leadership roles across the Birla Group and major corporates.

Kaushik Majumder
Co-Business Manager
A rank-holding Company Secretary and legal professional with 30+ years’ experience, Kaushik specialises in corporate law, compliance, IPOs, and global listings (ADR/GDR).

WHO WE ARE
Ghosal Catalyst Fund is an operating investment trust founded by Probal Ghosal - entrepreneur, investor and Co-founder & Ex-Chairman of Ujala Cygnus. The Fund invests in early-to-growth stage ventures across clean energy, telecom, equity and life-pattern & wellness solutions, with a special focus on technologies, which deliver - measurable, operational and community impact.
We operate as a Trust with trustees committed to long-term, value-driven capital deployment and active portfolio support.
IMPACT & METRICS

Demonstrated 40% cost optimization from ML deployment in energy/telecom use cases.

Strategic telecom equity to support network expansion and improved data access.

Product differentiation protected by international IP for battery regeneration.

