About Alpha Alternatives
Alpha Alternatives is a Financial Services company based in Mumbai (India) founded in 2013 by Prashant Kothari, and was acquired by STANDISH in January 2022. Alternative investments are managed for clients in India. Alpha Alternatives has raised $72.96 million across 7 funding rounds from investors including STANDISH, Rajiv Kuchhal and Sanjeev Joshi. Alpha Alternatives was last valued at $15.96 million in March 2019. Its chief executive, as recorded, is Prashant Kothari. Its Indian entity Alpha Alternatives Holdings Private Limited reported revenue of ₹1,851 Cr. Alpha Alternatives offers products and services including Liquid Alts, Illiquid Alts, and Beta++. Its focus areas include Asset Management and Diversified. Its competitors include UTI Mutual Fund, 360 One and Avendus; 2 of its 3 listed competitors have raised funding.
Company details
Alpha Alternatives was established in 2013 in Mumbai, India, as an investment management firm specializing in alternative assets. Services are provided to investors through strategies in private equity, real estate, and other non-traditional sectors. Operations are based in the Indian market, with oversight by Prashant Kothari, the founder and CEO. Focus is placed on generating returns via diversified alternative portfolios.
- Headquarters Mumbai, India
- Founders Prashant Kothari
- Stage Acquired
- SectorsFinancial Services
- Email••••••••
- Phone•••• ••••
- Website alt-alpha.com
- Social LinkedIn
- Acquired by STANDISH (Jan 2022)
- Legal Name Alpha Alternatives Holdings Private Limited
- Date of Incorporation 09 Dec, 2013
- Jurisdiction Mumbai, Maharashtra, India
Associated legal entities of Alpha Alternatives
Alpha Alternatives is associated with 3 registered companies on The Company Check; the primary company is Alpha Alternatives Holdings Private Limited. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Alpha Alternatives Holdings Private Limited CIN U65990MH2013PTC250886 | Active | 09 Dec 2013 | Mumbai, Maharashtra | ₹1,851 Cr | 19 | 4 | View details |
| Alpha Alternatives Fund Advisors Llp CIN AAL-2353 | Active | 23 Nov 2017 | Dadar West, Maharashtra | ₹56.0 Cr | 72 | 2 | View details |
| Alpha Alternatives Ventures Private Limited CIN U46909MH2023PTC408816 | Active | 18 Aug 2023 | Mumbai, Maharashtra | ₹7.0 Cr | 2 | View details |
Products & Services of Alpha Alternatives
Alpha Alternatives offers a comprehensive portfolio of products and services, including Liquid Alts, Illiquid Alts, and Beta++.
Targets consistent returns with monthly liquidity for investors.
Offers high-yielding investments with longer horizons and risk management.
Focuses on market-correlated strategies with smart security selection.
Funding Insights of Alpha Alternatives
Alpha Alternatives has successfully raised a total of $72.96M across 7 strategic funding rounds. The most recent funding activity was a Series B round of $3.96 million completed in April 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $72.96M
- Total Rounds 7
- Last Round Series B — $3.96M
- First Round $155,209
(Mar 2018)
- Investors Count 4
All 7 funding rounds of Alpha Alternatives with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr 2024 | $3.96M | Series B | – | – | – |
| May 2023 | $12.22M | Seed | – | – | – |
| Mar 2023 | $13.79M | Seed | – | – | – |
| Sep 2022 | $16.3M | Series B | – | – | – |
| Aug 2020 | $12.54M | Angel Round | – | Rajiv Kuchhal | |
| Mar 2019 | $14.01M | Series A | $15.96M | – | |
| Mar 2018 | $155,209 | Seed | – | – | – |
| Date | Valuation | Stage |
|---|---|---|
| Mar 2019 | $15.96M | •••••••• |
Last known valuation $15.96M (Mar 2019). 5 investors in total: 1 institutional and 4 angel.
Investors in Alpha Alternatives
Alpha Alternatives has secured backing from 5 investors, including angel and institutional investors. Prominent investors backing the company include STANDISH, Rajiv Kuchhal and Sanjeev Joshi.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Diversified asset management is conducted for various investment needs. | 2006 | standishmanagement.com | Boston, United States | |
RK Rajiv Kuchhal | Angel investor, ex-Infosys, mentor to startups in tech and innovation. | unknown_840948585fb04568b | ||
SJ Sanjeev Joshi | unknown_72966dcb7fe94ab6a | |||
NK Naresh Kothari | Angel investor, mentor, and startup advisor in Indian tech ecosystem | unknown_20a07b4c7cb8468a8 | ||
MS Mudit Singhania | unknown_4e58c325c25a4886b |
Investor details for Alpha Alternatives
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Alpha Alternatives Holdings Private Limited (Alpha Alternatives)
Alpha Alternatives Holdings Private Limited is the primary company behind Alpha Alternatives. The boards of the 3 registered companies of Alpha Alternatives currently have 5 directors; the longest-serving is Naresh Lakshman Singh Kothari, appointed in 2017. 5 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Naresh Lakshman Singh Kothari DIN 00012523 | Designated Partner | 23 Nov 2017 | 8 yrs 11 mo | Alpha Alternatives Fund Advisors Llp, Alpha Alternatives Ventures Private Limited, Alpha Alternatives Holdings Private Limited |
| Ashim Kumar Sahni DIN 02163965 | Designated Partner | 23 Nov 2017 | 8 yrs 11 mo | Alpha Alternatives Fund Advisors Llp |
| Bheru Jain DIN 08842270 | Director | 21 Aug 2020 | 6 yrs 2 mo | Alpha Alternatives Holdings Private Limited |
| Abhishek Dalmia DIN 00011958 | Director | 21 Aug 2020 | 6 yrs 2 mo | Alpha Alternatives Holdings Private Limited |
| Shreyans Hitendrakumar Mehta DIN 06756771 | Director | 18 Aug 2023 | 3 yrs 2 mo | Alpha Alternatives Ventures Private Limited, Alpha Alternatives Holdings Private Limited |
People of Alpha Alternatives
41 people are tracked at Alpha Alternatives (11 in leadership, 30 in team).
| Name | Role | Group |
|---|---|---|
Prashant Kothari | Founder & CEO | Leadership |
Prashant Dhama | Partner At Alpha Alternatives (quant Desk) | Leadership |
Aparna Modak | Chief Software Architect | Leadership |
Prashant Mohanraj | Partner Head Equities | Leadership |
Sarita Shetty | Head Marketing And Events | Leadership |
Amit Kothari | Partner And COO | Leadership |
Deepak Mittal | Group COO & Head Of Strategy | Leadership |
| Director | Leadership | |
| Director | Leadership | |
Vineet Sachdeva | Entrepreneur Partner And Head Of Systematic Strategies | Leadership |
Shama Asnani | Partner, Group Head Human Resources | Leadership |
Sumit Tiwari | Senior Analyst | Team |
Sonal Deshpande | Fund Operations | Team |
Piyush A. | Options Trader | Team |
Nischal Kapadia | Strategy And Projects | Team |
Dhvani Dedhia | Finance And Accounts | Team |
Ankita Poddar | Investment Professional | Team |
Tamanna Dadwani | Capital Raising | Team |
Devanshi Maheshwari | Infrastructure Fund | Team |
Dwaipayan Ray | Fund Manager | Team |
21 more people are available in the full profile.
Complete people profiles for Alpha Alternatives
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of Alpha Alternatives
Figures of Alpha Alternatives Holdings Private Limited, the primary company behind Alpha Alternatives, for FY 2024. Revenue was ₹1,851 Cr (-37% year on year). Net profit was ₹124 Cr (7% margin). EBITDA was ₹653 Cr (35% margin). Revenue has grown at a compounded annual rate of +24% over three years and +29% over five years.
- ₹1,851 CrRevenue · FY 2024 · -37% YoY
- ₹124 CrNet profit · 7% margin
- ₹653 CrEBITDA · 35% margin
- ₹4.51 CrPaid-up capital
- 19Employees (provident fund records)
- +24%Revenue CAGR, 3 years
- +29%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Alpha Alternatives Holdings Private Limited are on its company page.
Detailed financial statements for Alpha Alternatives
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
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- Downloads
Verified entity values are shown only after access is granted.
Timeline of Alpha Alternatives
5 dated milestones of Alpha Alternatives across 11 years, from founding to its latest funding, stage changes and deals.
- Founded Alpha Alternatives is founded.
- Funding First funding round of $155K.
- Milestone Reaches Minicorn status.
- Exit Acquired by STANDISH.
- Funding Latest funding round, Series B, of $4.0M.
Competitors of Alpha Alternatives
Alpha Alternatives has 3 listed competitors in our database, 2 of them funded. They include UTI Mutual Fund, 360 One and Avendus.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| utimf.com | 2001 | Mumbai, India | $142.4M | 1,468 | Mutual funds, portfolio management, and retirement planning services are offered. | |
| 360.one | 2008 | Mumbai, India | 65 | Asset and wealth management software is provided for businesses. | ||
| avendus.com | 1999 | Mumbai, India | $178.11M | 215 | Corporate advisory and investment services are provided to clients. |
Detailed competitors of Alpha Alternatives
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
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Verified entity values are shown only after access is granted.
Web traffic of Alpha Alternatives
The website of Alpha Alternatives (alt-alpha.com) receives about 6.7K visits a month.
- Monthly visits6.7K
▲ 24.9% vs previous month
Websites whose visitors overlap most with Alpha Alternatives. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| pmsbazaar.com | 100% | 64.6K | #425,933 | View details | |
| careratings.com | 100% | 150.1K | View details | ||
| acuite.in | 60% | 63.3K | #507,825 | View details |
Top companies in Asset Management
3 companies that operate in the same segment as Alpha Alternatives (Asset Management) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Provides mutual funds management and financial advisory services. | 1987 | Mumbai, Maharashtra, India | ||||
Mutual funds, portfolio management, and retirement planning services are offered. | 2001 | Mumbai, Maharashtra, India | USD 142.4 M | USD 180.76 M | 1,840 | |
Online platform for stock trading, mutual funds, and investment tools. | 1994 | Mumbai, Maharashtra, India |
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Related news about Alpha Alternatives
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Frequently Asked Questions about Alpha Alternatives
Alpha Alternatives was founded in 2013 and raised its 1st funding round 5 years after it was founded.
Alpha Alternatives is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Prashant Kothari is the CEO of Alpha Alternatives, as recorded in our data. They have also founded this company.
Alpha Alternatives is a funded company, having raised a total of $72.96M across 7 funding rounds to date. The company's 1st funding round was a Seed of $155.21K, raised on Mar 2018.
The primary company behind Alpha Alternatives, Alpha Alternatives Holdings Private Limited, reported revenue of ₹1,851 Cr for FY 2024, down 37% year on year.
Alpha Alternatives was established in 2013 in Mumbai, India, as an investment management firm specializing in alternative assets. Services are provided to investors through strategies in private equity, real estate, and other non-traditional sectors. Operations are based in the Indian market, with oversight by Prashant Kothari, the founder and CEO. Focus is placed on generating returns via diversified alternative portfolios.
Alpha Alternatives's top competitors include UTI Mutual Fund, Avendus and 360 One.
Alpha Alternatives offers Liquid Alts, Illiquid Alts, and Beta++.
Alpha Alternatives has 5 investors. Key investors include STANDISH, Rajiv Kuchhal, Sanjeev Joshi, Naresh Kothari, and Mudit Singhania.
The valuation of Alpha Alternatives is $15.96M as of Mar 2019.
Alpha Alternatives is associated with 3 legal entities: Alpha Alternatives Holdings Private Limited, Alpha Alternatives Fund Advisors Llp, Alpha Alternatives Ventures Private Limited.
Yes. Alpha Alternatives was acquired by STANDISH in January 2022.