Gaja Alternative Asset Management Limited is an India-based alternative asset management company incorporated on April 9, 1999 in New Delhi (originally as View Advisors Private Limited). It later changed its name to Gaja Advisors Private Limited (June 8, 2006), then to Gaja Alternative Asset Management Private Limited (July 5, 2022), and was subsequently converted into a public limited company as Gaja Alternative Asset Management Limited, receiving a fresh certificate of incorporation on January 1, 2025.
The company operates as an investment manager to India-focused funds, including Category I and Category II Alternative Investment Funds (AIFs), and also acts as an advisor to offshore funds that provide capital to Indian companies. It positions itself as an independent, home-grown alternative AMC with experience across multiple investment cycles.
Its investment management and advisory operations began with four deal-by-deal investments between 2005 and 2007. The latest vehicle, Fund IV (Gaja Capital Funds), was formed in FY2021, continuing a pattern where each subsequent fund has been larger than the prior fund. Fund III was formed in 2015, fully deployed by 2020 with ten investments, and is in its exit phase with two partial realizations as of September 30, 2025. Historically, capital across prior investments and Funds II and III has been primarily deployed in the EEE, financial services, and consumer sectors, while Fund IV adds a focus on digital technology.
As of September 30, 2025, Fund IV had made six investments and deployed 62% of its total capital. The company has filed a Draft Prospectus with SEBI and plans to raise Rs 656.2 crore through an issuance comprising a fresh issue of Rs 549.2 crore and an offer for sale of Rs 107 crore (face value Rs 5 per share).
