Arka Investment Advisory Services

What Arka Investment Advisory Services does

Arka Investment Advisory Services Private Limited is the investment management arm of the ARKA group within the Kirloskar ecosystem, founded in 2022 and headquartered at One Lodha Place, Lower Parel, Mumbai. The firm serves as the investment manager for the group's fund and asset management business, currently managing Arka Credit Fund I — a SEBI-registered Category II Alternative Investment Fund (Registration No. IN/AIF2/22-23/1154) that provides sector-agnostic performing credit to mid-market companies backed by credible promoters. Arka completed the final closing of Fund I at Rs. 250 Crores in 2024 and launched a second fund targeting Rs. 500 Crores in the same year, with Rohan Builders serving as operating partner.

The firm's business model is a B2B subscription/recurring revenue model built on management fees charged against AUM, complemented by potential performance fees. It targets three customer segments on the LP side: mid-market companies seeking sustainable capital, high net worth individuals and family offices, and institutional investors seeking Category II AIF exposure. On the deployment side, it originates structured credit (e.g., NCDs) to mid-market borrowers such as Everest Fleet. Distribution is conducted entirely through direct institutional sales and SEBI-compliant fund subscriptions; there is no retail intermediation or third-party distribution.

Operationally, Arka is a small team (1–10 employees) supported by a leadership bench with prior experience at Tata Group, Tata Motors Finance, Barclays, Standard Chartered, and Citibank. It uses the 'Kirloskar' trademark under license from Kirloskar Proprietary Limited, providing brand affiliation with an established Indian conglomerate. The firm has no disclosed proprietary technology stack, AI/ML capabilities, or APIs — its competitive differentiation rests on regulatory standing, talent, group-level brand equity, and the Kirloskar ecosystem rather than technology.

Name

Arka Investment Advisory Services

Legal name

Arka Investment Advisory Services Private Limited

Website

https://arkaadvisory.in

Company type

Private

Founded year

2022

Operating status

Operating

Headcount range

1–10 employees

Short description

Arka Investment Advisory Services is a Mumbai-based, SEBI-registered Category II AIF manager within the Kirloskar ecosystem. It manages Arka Credit Fund I (Rs. 250 Cr AUM) and a second Rs. 500 Cr fund, providing performing credit to mid-market companies for institutional, family, and HNW investors.

Ownership category

akta.pro rank

Product category

Alternative Investment Fund Management

NAICS

Portfolio Management and Investment Advice (523940)

SIC

Investment Advice (6282)

akta.pro primary industry

Registered Investment Advisor (RIA) Wealth Management (FSAEABAA)

akta.pro secondary industries

Institutional Consulting RIAs (OCIO/Endowments/Foundations/Pensions) (FSAAACAG), Advisory Portfolio Management (Non-Discretionary) (FSAAABAD)

Keywords

• Alternative investment funds
• Credit fund management
• Investment advisory services
• Asset management
• Mid-market lending

Headquarters

HQ city

Mumbai

HQ country

India

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Others

Revenue model

1. Fund Management Fees: Arka Investment Advisory Services Private Limited serves as the investment manager for ARKA group's fund and asset management business. The company generates revenue through management fees from its Alternative Investment Fund (AIF) products, including Arka Credit Fund I and subsequent funds.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

Arka Investment Advisory Services Private Limited is the investment manager for ARKA group's fund and asset management business. The firm manages Category II Alternative Investment Funds (AIFs) registered with SEBI, providing diversified, sector-agnostic performing credit solutions to mid-market companies backed by credible promoters. It currently manages the maiden Arka Credit Fund I (Rs. 250 Cr) and has launched a second fund (Rs. 500 Cr target) with Rohan Builders as operating partner.

Product overview

Arka Investment Advisory Services Private Limited is the investment manager for ARKA group's fund and asset management business. The company operates as a focused investment advisory firm, currently managing its maiden fund Arka Credit Fund I, a Category II AIF (Alternative Investment Fund) registered with SEBI. The fund specializes in providing credit solutions to mid-market companies backed by credible promoters, offering sector-agnostic diversified lending with a focus on sustainable capital and risk-return equilibrium.

Differentiator

Problem solved

Functional benefit

Products and services

• Arka Credit Fund I A diversified, sector-agnostic performing credit fund targeting mid-market companies backed by credible promoters. Structured as a Category II Alternative Investment Fund (AIF) registered with SEBI, it provides sustainable capital to mid-market players seeking credit solutions such as NCDs. Available to qualified investors, including institutional investors, family offices, and high net worth individuals meeting Category II AIF investor criteria.
• Arka Second Fund (Arka Credit Fund II) The firm's second credit fund with a target size of Rs. 500 Crores, with Rohan Builders serving as operating partner. Designed to extend the firm's mid-market credit strategy with similar focus on diversified, sector-agnostic performing credit to mid-market companies backed by credible promoters. Open to qualified investors under the SEBI Category II AIF framework.

Named customers2 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Two partnerships are on record, tiered core and major.

• Kirloskar Group (Kirloskar Proprietary Limited)coreOthers · 1 January 2022Arka Investment Advisory Services Private Limited operates as part of the ARKA group within the Kirloskar Group ecosystem. The company holds a permitted user license for the 'Kirloskar' trademark, owned by Kirloskar Proprietary Limited. This relationship provides brand credibility and affiliation with the established Kirloskar conglomerate.
• Rohan BuildersmajorStrategic or Co-development PartnerRohan Builders serves as the Operating Partner for Arka Investment Advisory's second fund with a target size of Rs. 500 Crores. This represents a strategic co-development partnership for fund deployment and investment operations.

Scale indicators3 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Avendus Capital: Avendus is an Indian investment bank and asset manager with a structured credit and private credit AIF practice. It directly competes with Arka in raising Category II AIF vehicles targeting mid-market companies and HNW/institutional investors in India.
• ASK Investment Managers: ASK is one of India's largest privately-held wealth and AIF managers, with a substantial private credit and performing-credit fund franchise. Comparable to Arka as a domestic, SEBI-registered Category II AIF manager serving HNW families and institutions.
• Incred Capital: Incred runs alternative credit and structured yield funds under the SEBI AIF framework, targeting similar mid-market and HNW investors. Directly comparable to Arka's Category II AIF credit strategy.
• Motilal Oswal Alternative Investment Advisors: Motilal Oswal's AIF arm manages multiple Category II AIFs across private credit and yield strategies for institutional and HNI investors. Overlaps with Arka in product type, distribution and target LP base.
• CX Partners: CX Partners is a domestic mid-market private equity and credit manager running Category II AIFs targeting Indian mid-market companies. Directly comparable to Arka in segment focus (mid-market) and fund structure.

Broad incumbents

• Kotak Alternate Asset Managers: Kotak's alternate asset management business runs a broad suite of AIFs (private credit, real estate, infrastructure) under the Kotak platform. A larger, established incumbent offering similar AIF products with deeper capital and broader product breadth.
• ICICI Venture: ICICI Venture is a large, established domestic PE/credit platform managing multiple AIF and venture funds. Comparable as an incumbent India-based AIF manager, but with much broader product coverage and deeper institutional LP relationships.
• IIFL Wealth Management: IIFL Wealth is a major Indian private wealth and AIF platform managing AIF products for UHNW clients. Comparable as a large incumbent combining wealth distribution with alternative investment fund management, though at materially greater scale.

Regional players

• Cholamandalam Investment and Finance: Cholamandalam runs a diversified lending and credit-focused investment business in India, overlapping with Arka's mid-market credit thesis. Comparable as a domestic credit-led player, though primarily an NBFC rather than a pure-play AIF manager.

Emerging players

• Vivriti Capital: Vivriti is a newer-generation Indian fintech-NBFC and AIF manager focused on mid-market and SME credit, with comparable fund structures and target borrowers. Similar in age and segment focus to Arka, positioning it as an emerging direct peer.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/arka-investment-advisory-services-private-limited

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments1 record

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Arka Investment Advisory Services