Alchemy Alternative Investment Trust

Stage focus

Public markets (listed)

Primary sector

Public markets (listed equity)

City

Mumbai

HQ / office

Mumbai, Maharashtra (B-4, Amerchand Mansion, 16 Madame Cama Road, Colaba, Mumbai 400001)

Fund registered

2017

Corpus (as reported)

Group AUM ~USD 931 million (Alchemy Capital Management, as of 30 Jun 2023)

Website

alchemycapital.com

LinkedIn

Profile ↗

Alchemy Alternative Investment Trust is the Category III AIF vehicle of Alchemy Capital Management Pvt Ltd, a Mumbai public-markets asset manager co-founded in 1999 (Hiren Ved). Its schemes (e.g. Leaders of Tomorrow, Emerging Leaders of Tomorrow, Smart Alpha 250, Long Term Ventures) invest primarily in listed Indian equities for long-term capital appreciation.

Listed Indian equities — long-only / long-short Category III AIF strategies (large/mid/small-cap), public-market focused; not startup VC

AIF minimum subscription INR 1-10 Cr per investor (regulatory min, not firm-specific cheque); long-only listed-equity Cat III strategy

As compiled from public sources — verify with the investor.

SEBI AIF Category III — reported as “Cat III”

• IN/AIF3/17-18/0381

None found

Established 1999; multiple fund managers incl. Hiren Ved, Alok Agarwal, Deven Ved (investment team not separately disclosed)

Pvt Ltd manager (Alchemy Capital Management Pvt. Ltd.) running Alchemy Alternative Investment Trust, a multi-scheme Category III AIF (SEBI Reg IN/AIF3/17-18/0381)

What does Alchemy Alternative Investment Trust invest in?

Listed Indian equities — long-only / long-short Category III AIF strategies (large/mid/small-cap), public-market focused; not startup VC

What cheque size does Alchemy Alternative Investment Trust write?

As compiled from public sources: AIF minimum subscription INR 1-10 Cr per investor (regulatory min, not firm-specific cheque); long-only listed-equity Cat III strategy

How do I pitch Alchemy Alternative Investment Trust through iHub India?

Create a free startup account, open a funding round, and send a structured pitch from this profile. If the investor accepts, contact details are shared and the conversation moves into a tracked deal room.

Public markets (Cat III)

11H Holdings

Public markets (listed) · Public markets (listed equity) · Ahmedabad

Contact on file

Public markets (Cat III)

16 Alpha Alternatives Technologies Fund

Public markets (listed) · Public markets (listed equity) · New Delhi

Contact on file

Public markets (Cat III)

2Point2 Capital Trust

Public markets (listed) · Public markets (listed equity) · Mumbai

Concentrated long-only public-equity strategy (not a VC cheque model); minimums per PMS/AIF terms, not disclosed on siteContact on file

Public markets (Cat III)

31 Degrees North Fund

Public markets (listed) · Public markets (listed equity) · Ahmedabad

Acts as anchor investor in SME IPOs; per-deal anchor allocations vary, not a fixed disclosed chequeContact on file

Public markets (Cat III)

3P INDIA EQUITY FUND

Public markets (listed) · Public markets (listed equity) · Mumbai

Min investment INR 1 Cr (SEBI Cat III AIF minimum); HNI/UHNI listed-equity fund (no per-deal cheque concept)Contact on file

Public markets (Cat III)

AAA India Equity Fund

Public markets (listed) · Public markets (listed equity) · Mumbai

Contact on file

All Public markets (listed) investors →

• ⚑ PE/hedge (Cat III) — public-market listed-equity long/long-short fund house, not a startup VC

Compiled from SEBI registrations and public sources as of 2026-07. iHub India lists investors neutrally and does not endorse, rank, or verify investment terms — confirm all details directly with the investor before transacting.

Sources: https://www.alchemycapital.com/; https://www.alchemycapital.com/alternative-investment-funds.aspx