Change Wealth — Change Wealth | wisefolio

Change Wealth

Private Equity bhi Sahi Hai

IN/AIF2/25-26/1949Cat II

Private equity, private credit and real-estate funds that don't employ leverage except for operating needs. The largest AIF category.

Overview

About

Change Wealth (IN/AIF2/25-26/1949) is a SEBI-registered Category II Alternative Investment Fund registered November 2025, managed by Change Wealth Private Limited — the operating entity behind India's first digital AIF distribution and investment platform for private equity funds. Founded by childhood friends Aayush Shah and Param Agrawal, Change Wealth's platform curates and distributes access to India's top private equity and AIF funds to HNI and affluent investors, starting at a minimum investment of INR 25 lakhs — well below the standard INR 1 crore AIF threshold via SEBI's facilitated co-investment route. The platform is backed by mentors Mukul Agrawal, Tuygan Teoman, and Ashwini Agarwal, with endorsements from Sunil Singhania (Abakkus Asset Manager), Neha Singh (Co-founder & CEO, Tracxn), Pranay Parekh (Founder, EUME), and Mayank Agrawal (Founder, Saint Capital). Service providers include Orbis Financial Corporation Limited (Custodian, RTA, Fund Accountant & Trustee), MPlus Advisors (Fund Lawyers), and Prashant Mittal CA (Auditor). The SEBI-registered address is S-207, Link Way Estate, New Link Road, Malad West, Mumbai – 400054.

Investment Philosophy

Change Wealth's investment philosophy is built on democratising access to institutional-grade private equity for India's growing affluent class — a segment historically excluded from top PE funds by high minimums and complex processes. The platform follows a 'Private Equity bhi Sahi Hai' thesis (a riff on 'Mutual Fund Sahi Hai'): curating and enabling co-investment in top-performing, SEBI-regulated AIF funds with a digital-first, transparent experience. Investors have historically earned 24%+ per year from PE funds (per CRISIL data); Change Wealth aims to make those returns accessible at lower ticket sizes. The fund co-invests alongside investors in every fund, ensuring full alignment of interest.

Team— 5

Aayush Shah

Co-Founder & SEBI Contact Person

Aayush Shah is a Co-Founder of Change Wealth and the designated SEBI contact person. He and Param Agrawal co-founded the platform after discovering that accessing top-tier private equity funds required institutional-scale investments and involved complex, inefficient processes. His background is in investing.

Param Agrawal

Co-Founder

Param Agrawal is a Co-Founder of Change Wealth. His background is in technology. He and Aayush Shah are childhood friends who came together with a shared belief in India's growth potential to build the platform.

Mukul Agrawal

Mentor

Tuygan Teoman

Mentor

Ashwini Agarwal

Mentor

Registration

SEBI Registration

SEBI-registered

Reg. NumberIN/AIF2/25-26/1949

VintageNov 2025

Valid ToPerpetual

Contact PersonAayush Shah

AddressS 207,Link Way, Estate, New Link Road,, CTS No 1093, Liberty Garden, Malad West, Mumbai, Maharashtra, 400054

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Disclaimer

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