Piramal Alternatives
Overview
Piramal Alternatives is the fund management and institutional capital provider arm of the Piramal Group. It offers tailored capital solutions, including pure credit and structured investments, to mid-market companies in India to support business transformation, turnarounds, and growth. The firm manages several flagship funds, such as the India Resurgence Fund (a joint venture with Bain Capital), the Piramal Performing Credit Fund, the Hybrid Growth Private Equity Fund, and the India Access Fund (a private equity fund of funds). It also acts as a Limited Partner (LP) by investing in other Indian fund managers through its India Access Fund.
Portfolio Companies
13
Website
piramal.comInvestments
| Company | Date | Stage | Lead |
|---|---|---|---|
| Kolors Healthcare India Pvt Ltd | Aug 2026 | Debt | Lead |
| JRG Automotive Industries India Private Limited | Jul 2026 | Debt | Lead |
| Euler Motors | May 2025 | Series D | Co-investor |
| 3Gen Consulting Services | Dec 2024 | Series B | Lead |
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Sector & Stage Mix
Industry, funding stage, and valuation band breakdowns.
FAQ
Where is Piramal Alternatives based?
Piramal Alternatives is headquartered in Mumbai, Maharashtra, India.
When was Piramal Alternatives founded?
Founding year information for Piramal Alternatives is not publicly available.
How many portfolio companies does Piramal Alternatives have?
Piramal Alternatives has 13 portfolio companies in Caplight's dataset.
What are some companies in Piramal Alternatives's portfolio?
Recent investments visible on Caplight include Kolors Healthcare India Pvt Ltd, JRG Automotive Industries India Private Limited, Euler Motors, 3Gen Consulting Services, Euler Motors.
What was Piramal Alternatives's most recent investment?
Piramal Alternatives's most recent investment on Caplight was in Kolors Healthcare India Pvt Ltd in 2026.
What sectors does Piramal Alternatives focus on?
Piramal Alternatives focuses on Healthcare & Life Sciences, Real Estate & PropTech, FinTech, Real Estate & PropTech, Real Estate & PropTech, Real Estate & PropTech, FinTech, Mobility, Transportation & Logistics, Mobility, Transportation & Logistics, Healthcare & Life Sciences, Mobility, Transportation & Logistics, Healthcare & Life Sciences, Frontier & Industrial Tech, Enterprise Software, Mobility, Transportation & Logistics, Consumer & Commerce, Frontier & Industrial Tech, Frontier & Industrial Tech, Energy & Sustainability, Consumer & Commerce.
What company stages does Piramal Alternatives focus on?
Stage focus information for Piramal Alternatives is not publicly available.
What is Piramal Alternatives's AUM?
Piramal Alternatives's assets under management are estimated between $1.5B and $1.5B.