Meenakshi Alternates

Meenakshi Alternates Fund (brand name: M-Alts) is a SEBI-registered Category II Alternative Investment Fund (IN/AIF2/25-26/1802), registered on May 5, 2025. The fund is managed by Meenakshi Alternates Advisors LLP and is backed by the Meenakshi Group, a diversified conglomerate with over 30 years of experience in real estate, infrastructure, and power. The fund's primary scheme is the Meenakshi Real Assets Fund — a ₹700 crore (target) real estate-focused AIF offering a hybrid investment strategy across performing credit and structured equity. The Meenakshi Group, founded by Katragadda Sreenivasa Rao, has developed over 8 million sq. ft of commercial and residential projects with an additional 9 million sq. ft in pipeline, and manages 7 million+ sq. ft of Grade A commercial offices including MNCs like Deloitte, Google, NHAI, and TCS as tenants. The fund is headquartered at 119, Road No. 10, Jubilee Hills, Hyderabad, with a Mumbai office at Studio 532, 5th Floor, North Annex. The fund received significant media coverage at launch in June 2025 including from CNBC TV18, DealStreet Asia, and Entrepreneur India. The launch received strong institutional interest given the Meenakshi Group's four-decade track record in Hyderabad real estate.

Meenakshi Alternates invests with discipline, flexibility, and a strong partnership mindset, focusing on high-quality real estate and real assets opportunities where it can add long-term value through tailored capital and active asset management. The fund employs a hybrid credit-and-equity strategy, seeking both regular income and capital appreciation. Transparency, accountability, and trust drive every decision. The broader platform also covers venture capital for startups and SMEs.