Cat III · Long Only · Managed by Suraag Capital
We invest in high-quality, attractively-priced Indian equities.
Complex or leveraged strategies — long-short, hedge-fund-style and quant funds. Often open-ended, within SEBI leverage limits.
Suraag Capital is an India-focused investment firm founded in August 2025. It runs Suraag Capital Fund-1, a Category III AIF (SEBI registration IN/AIF3/25-26/2113), with Suraag Capital Management Private Limited as the investment manager. The fund invests in long-only Indian public equities. The firm states that its performance fee applies only to returns above the NIFTY500 TRI.
Rishabh Aggarwal
Founder & CEO
CA
Rishabh Aggarwal is the Founder & CEO of Suraag Capital, an India-focused, long-only public markets investment firm. He brings over 15 years of experience in Indian equities, shaped by a family investing tradition spanning more than four decades. Prior to founding Suraag Capital, Rishabh was a Principal at B Capital, a global venture capital firm with over $8 billion in assets under management, founded by Eduardo Saverin. At B Capital, he worked closely with founders, management teams, and boards across sectors, contributing across the full investment lifecycle from underwriting and portfolio strategy to exits, while developing a long-term perspective on capital allocation, governance, and business quality. Earlier in his career, Rishabh was a Business Analyst at McKinsey & Company, where he worked with leading Indian corporate houses on strategy, growth, and operational excellence. He began his professional journey with articleship at Ernst & Young and qualified as a Chartered Accountant, securing an All India Rank of 46 in the CA Final examination.
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