India Alternatives Investment Advisors is a private equity firm based in Mumbai, established in 2011. The firm specializes in growth capital investments for mid-market companies in India, focusing on acquiring significant minority stakes in businesses that demonstrate strong fundamentals and ethical leadership. With a revenue of $4 million and a team of around 20 employees, the firm has a notable portfolio where two-thirds of its companies hold leading market positions. The firm adopts a sector-agnostic investment strategy, engaging in various industries such as healthcare, technology, financial services, consumer goods, and education. India Alternatives emphasizes partnerships with company promoters to help build market-leading businesses. They leverage industry expertise and resources to support portfolio companies in scaling operations and preparing for public listings. Their approach typically involves taking significant minority positions while ensuring collaborative governance.