mumbai alpha alternatives an entrepreneurdriven entity in indias alternate investment management space has raised about 16 million rs 130 crore from a host of marquee investors and top family offices that valued the company at 200 million some of its existing investors also participated in the fundraiseset up by financial sector veterans alpha alternatives had raised about 15 million in its maiden round in august 2020 the company offers its investors options to invest across several asset classes through multiple strategies its offerings include strategies in assets like equities commodities fixed income real estate and creditalpha alternatives cofounder and managing partner naresh kothari said that some of its longterm investors also participated in the latest fundraise and that was a validation of the companys business model the capital raised through this round would be used to expand the companys leadership in absolute return and commodities businesses scale up the credit and quant investing practices and also expand its international presence part of the funds will also be used to start offerings in newer asset classes like fixed income and real estate kothari said