Archive · 20 Jan 2026
Alchemy Capital Launches Third Long-Term Ventures Fund
Alchemy Capital Management has started a new investment fund called the Alchemy Long Term Ventures Fund, Series 3.
This fund will invest in small and medium-sized companies that are growing quickly in India.
The fund will look at both companies that are listed on the stock market and private companies.
It will focus on areas like artificial intelligence, green mobility, and healthcare.
The fund will run for four years and can be extended for another year.
Investors need to put in at least ₹1 crore.
The person in charge of the fund is Hiren Ved, who will use a strategy to find good companies that are growing at a reasonable price.
The goal is to help these companies grow and make a profit over a long time.
Alchemy Capital Management launched the Alchemy Long Term Ventures Fund, Series 3, a Category III Alternative Investment Fund.
The fund targets India's listed and private enterprises with a focus on high-growth, small-cap and mid-cycle companies.
Investment sectors include data centres, AI, defence, green mobility, semiconductors, manufacturing, healthcare, and biotech.
The fund has a four-year tenure, extendable by one year, with a minimum investment of ₹1 crore.
Hiren Ved, Co-Founder and CIO of Alchemy Capital Management, will manage the fund using a 'Growth at Reasonable Price' philosophy.
- Who
- Alchemy Capital Management
- What
- Launched the Alchemy Long Term Ventures Fund, Series 3
- When
- January 19, 2026
- Where
- India
- Why
- To invest in high-growth companies amid India's economic transformation
- Fund Name
- Alchemy Long Term Ventures Fund, Series 3
- Fund Type
- Category III Alternative Investment Fund
- Minimum Investment
- ₹1 crore
- Fund Tenure
- 4 years (extendable by 1 year)
- Private Investment Allocation
- Up to 35% of corpus
- Investment Focus
- Small-cap and mid-cycle, high-growth companies
- Target Sectors
- Data centres, AI, defence, green mobility, semiconductors, manufacturing, healthcare, biotech
- Fund Manager
- Hiren Ved, Co-Founder, Director and CIO of Alchemy Capital Management