Avora Advisors

Avora SME Fund is a SEBI-registered Category I Alternative Investment Fund (IN/AIF1/24-25/1732) managed by Avora Advisors LLP, a boutique investment management firm focused on Indian SMEs. The fund's first scheme — Avora SME Fund 1 — was launched in June 2025 with a target corpus of INR 40 crore and a fund term of 3+2 years. It is structured as a closed-ended vehicle investing in high-growth small and medium enterprises across India, providing strategic growth capital alongside institutional-grade governance and rigorous forensic due diligence. The fund is managed by a two-partner team: Aditya Bhutra (B.Tech IIT Kanpur, MSc Finance, CFA) with 7+ years of international experience at global investment banks and hedge funds, and Ankita Rathi (CA, CS) with over a decade of experience in company audits and financial markets. Avora Advisors LLP aspires to nurture SME companies by making strategic investments and promoting sustainable growth, bridging the gap between high-potential enterprises and institutional-grade investment management. The fund is registered with SEBI under its Dadar West, Mumbai address and operates from Kolkata.

Avora Advisors' investment philosophy for the SME Fund rests on three pillars: High Growth (backing businesses delivering robust fundamental growth), Strong Governance (conducting in-depth forensic analysis and thorough background checks on promoters and businesses), and Favourable Valuation (ensuring a significant margin of safety at entry). The firm seeks to nurture SME companies by making strategic investments and promoting sustainable growth, combining capital with institutional-grade oversight to create long-term value for both investors and investee companies.