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Driving growth with diverse credit and real estate solutions.
Arka Credit Fund is a Category II AIF managed by Arka Investment Advisory Services Private Limited (AIASPL), incorporated in March 2022 as the fund and asset management arm of the Arka Group. The fund is sponsored by Arka Financial Holdings Private Limited, a subsidiary of Kirloskar Oil Engines Limited (KOEL) — a Pune-based engineering conglomerate with a 130-year legacy. AIASPL is a trusted partner for institutions and HNIs seeking mid-market private credit exposure in India. The fund achieved its first close in early 2023 and final close in August 2024.
Arka Credit Fund is a diversified, sector-agnostic performing credit fund focused on mid-market companies backed by credible promoters. The fund targets 8–10 investments at a ticket size of ₹30–50 crore in the performing credit space at an IRR of 14–16%, providing structured debt solutions to mid-market corporates and conglomerates. The investment philosophy is rooted in partnering with mid-market players and providing sustainable capital, building an equilibrium between risk and returns through rigorous research, strong governance, and deep understanding of market dynamics.
Sonit Singh
Director & Head / Chief Business Officer – Real Estate, Asset Management & Advisory
Sonit Singh is the Director and Head of Arka Investment Advisory Services Pvt Ltd, and also serves as Chief Business Officer for Real Estate, Asset Management and Advisory at Arka Fincap Limited. He is a director of the investment manager per MCA records and the primary spokesperson for the fund. He previously served as Co-Head of Real Estate Investment Banking at HDFC Bank and held roles at JLL India (Head COO, Capital Markets & Cross Border Investments) and Standard Chartered Bank. He is an alumnus of the Indian School of Business (ISB).
Amit Gupta
Director
Amit Kumar Gupta is a founding Director of Arka Investment Advisory Services Private Limited, appointed since incorporation on March 30, 2022. He is listed on the firm's Our Leaders page. No additional public biographical information is available.
Sachin Agarwal
Director
Sachin Agarwal is a founding Director of Arka Investment Advisory Services Private Limited, appointed since incorporation on March 30, 2022. He is listed on the firm's Our Leaders page. No additional public biographical information is available.
Anand Bang
Director (Group Level)
Anand Bang is a seasoned finance professional with over 22 years of experience. Prior to joining Arka, he was associated with the Tata Group for over 18 years, most recently serving as Chief Operating Officer of Tata Motors Finance from 2020. He has deep expertise in scaling diversified secured loan portfolios, corporate lending, credit and risk management, and technology-driven innovation. A Chartered Accountant by qualification, he appears on the arkaadvisory.in website as a group-level leader rather than as a director of AIASPL per MCA records.
George Verghese
Director (Group Level)
George Verghese has over 21 years of experience across manufacturing, IT-enabled services, and telecom. He holds an MBA from XLRI Jamshedpur and an engineering degree from the College of Engineering, Munnar. He has held leadership roles within the Kirloskar Group including Vice President – Group HR, Chief Human Resources Officer, and Chief of Staff at Kirloskar Oil Engines Limited. He appears on the website as a group-level board member linked to the Kirloskar sponsor rather than as a director of AIASPL per MCA records.
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Investments in securities markets are subject to market risks. Read all the related documents carefully before investing. Past performance is not indicative of future returns.
Atit Shah
Director (Group Level / CRO, Arka Fincap)
Atit Shah is the Chief Risk Officer of Arka Fincap Limited (the group NBFC, a fellow subsidiary), managing enterprise risks across credit, market, and operational domains for SME and retail assets. With nearly two decades of BFSI experience, he has worked at Barclays Bank, Indiabulls, Standard Chartered Bank, Citibank, and JM Financial. He is a Chartered Accountant, Company Secretary, and holds an MBA in Finance. He appears on the advisory firm website as a group-level risk leader rather than as a director of AIASPL per MCA records.
Rupali Maini
Compliance Officer & Nodal Officer (Investor Grievance Redressal)
Rupali Maini oversees regulatory compliance for the Arka Credit Fund. With over four years of experience, she specialises in compliance frameworks, secretarial functions, and regulatory adherence for SEBI-licensed entities. Previously at Alpha Alternatives, she led compliance for high-value debt-listed NBFC entities. She holds an MCom from the University of Mumbai and is a member of the Institute of Company Secretaries of India (ICSI).