Odyssey I has filed a new offering under Rule 506(b) with the SEC, allowing for a private investment opportunity totaling $20 million. This strategic move is significant as it highlights the company’s focus on attracting venture capital funding.
According to the filing dated October 22, 2026, Odyssey I is a limited partnership based in Gandhinagar, India. The company has no reported revenues and is categorized under the pooled investment fund sector.
The filing states, "total offering amount: $20,000,000" with a total amount sold of $1,750,000, leaving a remaining total of $18,250,000. The minimum investment accepted is set at $250,000. The offering is expected to last more than one year, indicating a long-term strategy for capital accumulation.
This offering may affect accredited investors, as the filing confirms that there are no non-accredited investors involved. Currently, three investors have already committed funds to the offering.
Details were not available in the SEC filing regarding what happens next following this offering announcement. However, the filing does indicate that the company is taking steps to solidify its position in the venture capital market.
Company Overview
Odyssey I is incorporated in India and operates as a limited partnership. The company is located in Gandhinagar, Gujarat, with its business address at Unit 253 First Floor, Pragya Accelerator II Building 15B, Road 1C, Gandhinagar, 382050.
Executive Leadership
The filing identifies Aaryaman Vir Shah as the Executive Officer of Odyssey I. His involvement suggests a leadership role in steering the company's strategic direction and investment initiatives.
Investment Focus
Odyssey I is classified under the pooled investment fund sector, specifically as a venture capital fund. This classification indicates a focus on investing in early-stage companies with high growth potential.
Regulatory Compliance
The offering is conducted under Rule 506(b) of Regulation D, which provides a safe harbor for private offerings. This regulatory framework is designed to facilitate capital formation while ensuring investor protections.
Offering Details
The filing specifies that the total offering amount is $20 million, with $1.75 million already sold to three accredited investors. The remaining amount of $18.25 million is still available for investment, with a minimum threshold of $250,000 per investor.
Future Plans
While the filing does not detail specific plans for the use of proceeds from the offering, it indicates that the company is positioning itself for long-term growth in the venture capital market.