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Managed by Arnya Realestates Fund Advisors
Private equity, private credit and real-estate funds that don't employ leverage except for operating needs. The largest AIF category.
Arnya RealEstates Fund Advisors is founded as an Independent investment manager with the objective to make real difference in real estate investment management business in India. Founder, Sharad Mittal, was instrumental in building real estate business at Motilal Oswal Real Estate from the ground up to an investment AUM of ~INR 7,150 Cr. Founding team has 100+ years of experience in real estate investment management with leading institutions. Real Focus: With our focus on real estate as an asset class, we are best suited to help you leverage India's real estate opportunity. Real Independence: By virtue of being an independent fund manager, we are able to provide real innovation, no conflicts, alignment of investor-manager interest, longevity and autonomy. Real Track Record: We have a track record spanning over 20 years with 175+ investments and delivering 20%+ IRR over multiple exits.

Sharad Mittal
Founder & CEO
Sharad is a seasoned professional with over 22 years of enriching experience in real estate investing, lending, and fund raising. Instrumental in building real estate business at MO Alternates from the ground up to an investment AUM of ~INR 7,150 Cr. Built a robust team and implemented streamlined processes – created a stellar track record of investments and exits. Successfully managed 9 stressed accounts at Motilal Oswal and obtained complete exit from 7 of these accounts. Previously worked with leading financial institutions like Motilal Oswal RE, ICICI Prudential AMC, ICICI Bank, ASK and First Rand Bank. Member of various leading industry bodies and forums and widely known for his thought leadership across the industry.

Ramandeep Singh Sassi
Chief Business Officer
Ramandeep leads Arnya's fundraising and business-development initiatives across India and global markets. He also drives investor and product strategy, marketing and PR as part of Arnya's growth journey.

Nikunj Pugalia
Chief Financial Officer
Nikunj is a seasoned professional and strategic financial leader. With an impressive background in Financial Planning & Analysis, Taxation, Budgeting, Borrowing Management, and Enterprise-wide Digitization, Nikunj brings a wealth of expertise to the leadership team.

Kiran Kumar
Director – Investments
With over 16 years of seasoned experience in the real estate industry, Kiran is a distinguished investment professional known for his expertise in scaling businesses, establishing and managing key developer relationships, having managed investments exceeding USD 1 billion.

Harikesh Pandey
Director & National Head – Fund Raising & Investor Relations
With over 21 years of accomplished experience in the financial services industry, Harikesh brings extensive expertise in Fund Raising, Business Development, Fund Marketing and Investor Strategy across diverse platforms like Alternative Assets & Portfolio Management Services.
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Anshul Goel
Deputy National Head – Fund Raising & Investor Relations
With over 17 years of comprehensive experience across the BFSI spectrum, spanning asset management, banking, wealth management, capital markets, and client relationship management, Anshul brings a distinguished record of strategic leadership and value creation across the financial services landscape.

Nitesh Punjabi
Principal Investments
Nitesh has over 14 years of experience in real estate industry with expertise in investments and asset management. With a focus on the MMR and Pune markets, Nitesh has developed a strong network of relationships across real estate developers, advisors and lenders.

Manali Daftary
Vice President – Fund Raising & Investor Relations
Manali is a seasoned professional with over 12 years of extensive experience in fundraising, investor relations, and fund operations. Since joining Arnya in 2024, she has played a pivotal role in the firm's investor engagement and operations.

Poorva Tak
Senior Associate – Investments
With a rich educational background and noteworthy experience in investment banking, Poorva contributes a dynamic perspective to the Arnya team.

Sarthak Mittal
Associate – Investments
Sarthak has joined as an Associate in the Investments team. He brings over 5 years of experience in the financial services industry.

Anuj Kala
Senior Manager – Fund Raising & Investor Relations
Anuj brings a total experience of 4 years, all of it gained at Marcellus Investment Managers. With a solid foundation in legal and compliance, Anuj spent over two years navigating intricate regulatory frameworks.

Bhavasthi Mehta
Manager – Secretarial and Compliance (Compliance Officer at GIFT City)
Bhavasthi brings over 5 years of experience, with a strong background in legal, compliance, and corporate governance. She has worked with Pratham EPC Projects Limited and Adline Chem Lab Limited, where she gained extensive experience.

Isita Chatterjee
Manager – Finance & Operations
Isita joins from Welspun One Investment Management Private Limited, where she served as Lead Sales Support. She has expertise in investor onboarding, various operational roles, and CAMS coordination, while being the contact point for all queries and handling audit data reviews.

Rutul Shimpee
Manager – Finance & Operations (Principal Officer at GIFT City)
Rutul has joined as Principal Officer, bringing over 7 years of experience in the investment industry with expertise in Capital Markets, Portfolio Management Services (PMS), Mutual Funds, and a broad range of financial products.

Anuraj Puthran
Assistant Manager – Finance & Operations
Anuraj plays a pivotal role within the organization's financial ecosystem, serving as a bridge between financial strategy and day-to-day operations.

Yash Agrawal
Assistant Manager – Finance & Operations
Yash S. Agrawal is a qualified Chartered Accountant with strong experience across statutory audits, internal audits, and taxation. He has worked on audit engagements for listed clients in the automobile and steel sectors, focusing on strengthening internal controls, ensuring compliance with accounting standards, and delivering accurate financial reporting.

Pramod B.A Rao
Assistant Manager – Finance & Operations
A dynamic professional with over 16 years of diverse experience across multiple industries, Pramod brings a unique blend of creative and operational expertise to the team.

Kishna Trivedi
Executive – Finance & Operations
Kishna Trivedi is a dedicated finance and accounting professional with over 8 years of experience at R.A. Kapoor Transporters Ltd. She has been an integral part of the finance team, contributing extensively to the company's core accounting and financial operations.

Ankita Coelho
Executive Assistant and Office Manager
Ankita brings cross-functional experience of 9+ years with multiple firms. In her previous roles, she was instrumental in data compiling, building vendor relationships, and providing administrative support.

Pranay Vakil
Investment Committee – Chairman
With an illustrious career spanning over four decades in the dynamic realm of real estate, Pranay stands as a luminary with profound expertise and distinguished contributions to the industry. His journey is marked by a strategic blend of foundational education and hands-on experience, making him a trailblazer in the field.

Sanjaya Kulkarni
Investment Committee – Member
With a career distinguished by strategic acumen and financial expertise, Sanjaya Kulkarni presently serves as an advisor to Indian industrial groups, providing invaluable insights into growth, strategy, fund raising, and acquisitions. His expertise extends to cross-border collaborations and acquisitions, contributing to the success of numerous transactions.

Vijay Kumar Goel
Investment Committee – Member
Vijay Kumar Goel is a highly experienced professional in the financial services industry with a career spanning over three decades. His extensive background encompasses senior management roles.
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