New
Delhi, India, 09th March 2026 : Private Markets
Investment and Advisory firm Krasha is preparing to apply for registration of
its first Category-II Alternative Investment Fund (AIF) in Q2 of FY2026-27 as
it looks to expand its presence across India’s asset management ecosystem.
The
proposed vehicle, internally referred to as the Prism Strategy, is expected to
target a corpus of about $60 million to $70 million, subject to regulatory
approvals and investor participation, according to people familiar with the
development.
The
fund is being conceptualised as a multi-asset private markets vehicle with the
flexibility to invest across private credit, private equity, real assets and
select opportunistic liquid or secondary transactions. The planned launch comes
at a time when investor interest in private markets continues to expand in
India.
Krasha
unveiled Kyte Money in 2025, a digital neo-financing platform focused on
asset-backed structured finance transactions. The platform was launched with
the aim of broadening access to curated private credit opportunities for
individual investors. The platform has facilitated over ₹120 crore in
investments within its first year of operations.
People
aware of the matter said the proposed fund structure would allow the firm to
pursue opportunities across different segments of private markets rather than
operating within a single asset class.
Speaking
on the development, Avdesh Singh, CFO at Krasha, said the firm is evaluating a
flexible investment approach while maintaining disciplined underwriting
standards.
“We
are looking to launch a Category-II multi-asset opportunity fund in FY27. The
Prism Strategy is designed as a single platform that can invest across sectors
and instruments to generate alpha for our clients while maintaining disciplined
underwriting standards,” he said.
The
team at Krasha draws strength from its immense cumulative know-how of closing
more than US$1.5 billion in private market investments across equity & debt
transactions.
Krasha
recently facilitated ₹32 crore into an upcoming five-star resort project near
the Delhi–Mumbai corridor through Kyte Money. The project is currently in its
early phase of construction and forms part of the firm’s broader real estate
credit strategy.
A
diverse group of participants including bankers, financial services
professionals, lawyers and high-net-worth individuals took part in the
transaction through Kyte Money, reflecting growing investor interest in curated
private market opportunities beyond traditional public markets.
The
proposed AIF would represent Krasha’s next step toward institutionalising its
investment activities under a regulated fund framework. The launch of the fund
will remain subject to regulatory approvals and compliance with SEBI
regulations governing Alternative Investment Funds.
About
Krasha
Founded
in 2023, Krasha operates in the fixed income and private credit markets,
facilitating investment opportunities for family offices, HNIs and corporates
across sectors such as real estate and energy. Over the past year, the firm has
participated in and facilitated transactions with an aggregate value of over
$150 million.
Krasha
also operates Kyte Money, a digital wealth platform aimed at expanding access
to alternative investments for Indian Investors.
