Alchemy Capital Management has launched theAlchemy Long Term Ventures Fund, Series 3, a new investment vehicle aimed at capturing long-term growth opportunities in India’s rapidly evolving economy. The fund will invest in promising companies across both the stock market and private space, with a focus on small and mid-sized businesses that are scaling quickly or reaching critical growth milestones.
The Series 3 fund has a tenure offour years, with an option to extend by one additional year. Investors are required to commit a minimum of₹1 crore, drawn in four equal installments of 25%. The fund can allocate up to35% of its corpus to private companiesand invest across multiple sectors.
Alchemy Capital’s investment strategy emphasizesquality companies with strong growth potential at reasonable valuations. Key sectors of focus includedata centres, artificial intelligence, defence, electric mobility, semiconductors, manufacturing, healthcare, and biotech. The fund will be managed byHiren Ved, co-founder and Chief Investment Officer, who aims to back entrepreneurs building scalable, next-generation businesses and create sustainable long-term value.
Founded in 2002 and headquartered in Mumbai, Alchemy Capital brings decades of experience in equity and alternative investments. With the launch of Series 3, the firm seeks to provide investors with exposure to emerging companies that are well-positioned to benefit from India’s next phase of economic growth.
