Cat I · Managed by Abakkus Asset Manager
Alpha-focused. Research-intensive. Growth in value.
SEBI-encouraged funds — venture capital, SME, social-impact and infrastructure. Close-ended, generally unleveraged.
India-Ahead Private Equity Trust (IN/AIF2/21-22/0980) is a SEBI-registered Category II AIF, registered 27 January 2022, managed by Abakkus Asset Manager Private Limited (formerly Abakkus Asset Manager LLP). Its maiden scheme, Abakkus Four2Eight Opportunities Fund, completed its final closing on 30 September 2024 and is now closed for new subscriptions. The fund is Abakkus's first private equity vehicle, investing in mid-to-late-stage Indian companies with strong business models, profitability, and IPO potential, targeting pre-IPO equity opportunities. Deals include: All Time Plastics Limited (INR 100 crore — INR 70 crore primary Pre-IPO + INR 30 crore secondary), Stelmec (INR 175 crore — vacuum circuit breaker technology and EPC of high-voltage substations). Fund Manager: Ankit Aggarwal. Abakkus was founded in 2018 by Sunil Singhania (ex-CIO Equities, Reliance Mutual Fund / Nippon India MF) and manages approximately INR 37,900 crore as on July 2025 across PMS, AIF, and MF. SEBI registration address: Abakkus Corporate Centre, 6th Floor, Param House, Shanti Nagar, Santacruz Chembur Link Road, Santacruz East, Mumbai – 400055.
Ankit Aggarwal
Fund managerFund Manager - Private Equity
Ankit Aggarwal is the Fund Manager of Abakkus Four2Eight Opportunities Fund (the scheme of India-Ahead Private Equity Trust). He led investments including All Time Plastics Limited (INR 100 crore Pre-IPO) and Stelmec (INR 175 crore), emphasising Abakkus's focus on mid-to-late stage companies with strong fundamentals and IPO potential.
Aman
Fund managerPortfolio Manager, Listed Equities
Aman has over 17 years of Indian equity experience. He was previously Portfolio Manager for PMS at Reliance Asset Management (Nippon Life India Asset Management), managing local and offshore schemes from the Singapore office. He brings a regional and global perspective to Indian equity investing. He holds an MBA from Mumbai University.
Aman Chowhan
Fund managerSenior Fund Manager
Hitesh Arora
Fund managerFund Manager
Hitesh Arora is a Fund Manager at Abakkus Asset Management, bringing nearly two decades of domestic and global market experience. He has worked at Unifi Capital, Deutsche Bank, and J.P. Morgan across equity research, fund management, structuring, and risk management in India and abroad.
Sunil Singhania
Chairman and Managing Director
CA, CFA Charter Holder
Sunil Singhania, CA and CFA Charter Holder, founder of Abakkus Asset Manager Limited (Formerly known as Abakkus Asset Manager LLP) was rated among the Best fund managers by Outlook Business in 2016 and 2017 over a 10 year time frame. He is the first Indian to be appointed on the Global Board of CFA institute, USA (2013-2019). Currently he is the only Indian to be appointed on the IFRS Capital Market Advisory Committee (CMAC) (2020-2023). He was Chief Investment Officer (CIO), Equities of Reliance Nippon Asset Management overseeing – USD 11 billion of equity asset. He was also an Honorary Chairman of Investment committee of CFA Institute (2018-2019) managing – USD 450 million.
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Drumil Abhay Bosamia
Company Secretary and Compliance Officer
Naveen Ronald Karkada
Chief Financial Officer
Biharilal Deora
BoardNon-Executive Director
Vidur Vishnu Bhogilal
BoardNon-Executive Director
Mrugank Paranjape
BoardIndependent Director
Vandana Mehrotra
BoardIndependent Director
Sunder Ram Korivi
BoardIndependent Director
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