Aurrevia launches Category III alternative investment fund
The investment platform has received a $10 million commitment from Kothari Family Office.
Investment platform Aurrevia has launched its Category III alternative investment fund (AIF), backed by a $10 million anchor commitment from the Kothari Family Office through Aarii Ventures, as the firm looks to tap growing investor interest in India's alternative investment market.
The actively managed public equities fund is built around Aurrevia's proprietary dual-strategy TechnoValue investing framework, which combines deep value investing with momentum-based strategies. The fund aims to generate long-term, risk-adjusted returns through a blend of fundamental research, disciplined portfolio construction, and active risk management.
The launch comes amid rapid growth in India's alternative investment ecosystem. According to the company, cumulative commitments across AIFs had crossed ₹16.9 lakh crore as of March 2026, with Category III AIFs accounting for more than Rs 3.14 lakh crore, reflecting rising demand for actively managed investment products.
Aurrevia said its investment approach integrates value-oriented investing with market trend identification to spot opportunities across sectors and market capitalisations. The fund also follows a negative screening framework that excludes investments in businesses linked to tobacco, liquor, gambling, meat and leather, aligning its strategy with governance-focused investing.
The fund has been co-founded by Sagar Nishar, Co-founder and Chief Investment Officer, and Suyog Dhavan, Co-founder of Aurrevia, and Founder and Chief Investment Officer of Strategic Alpha. Nishar previously served as the chief investment officer at Aarii Ventures, overseeing investments across public and private markets, while Dhavan developed the firm's TechnoValue framework that combines fundamentals, technical indicators, valuation metrics and event triggers.
Commenting on the launch, Nishar said the firm's focus would remain on protecting capital and delivering sustainable, long-term returns through disciplined investing. Dhavan said Aurrevia aims to build a trusted institution driven by research, governance and consistent investment processes as allocations to alternative assets continue to grow in India.