For family offices & independent sponsors

India industrial control buyouts

Profitable lower-middle-market businesses of ₹20–200 Cr revenue, acquired and held deal by deal.

Founded by Poornima Vardhan (Wharton; UBS Global Industrials, New York) and Taponeel Mukherjee (INSEAD; UBS and Citigroup rates, London, Zurich, Tokyo). Full backgrounds · Fortune India · Published research

— Participation

Deal by deal, on disclosed terms.

AltG operates as a fundless sponsor. There is no blind pool and no commitment to capital you have not seen deployed. Each acquisition is presented as a discrete opportunity with its own memo, its own structure and its own decision.

Structure: Deal-by-deal SPV. Investors subscribe to a single named acquisition.
Position: Control. AltG leads the transaction and governs the asset post-close.
Target profile: Indian industrial and industrial-services businesses, ₹20–200 Cr revenue, profitable at entry and under-earning relative to attainable free cash flow.
Underwriting: Nothing is underwritten unless it survives a stressed downside case on revenue, margin and working capital.
Investor base: Family offices, independent sponsors and qualified private investors.
Diligence pack: Investment memo, downside case and structure released to qualified investors under NDA ahead of each transaction.
Economics: Minimum participation, sponsor economics and hold period are set per transaction and disclosed in full before any commitment is sought.

— Next step

Request the memo.

The memo sets out the sourcing screen, the downside case we underwrite to, and how a deal-by-deal participation is structured and priced.

We read every enquiry. If there is a fit, the next step is a call — not a mailing list.

Prefer email? Write to ideas@altgind.com
or call +91 85275 91847

Name

Firm or family office

Work email

You are

Indicative participation per deal

What you are looking for

We use your details only to respond to this enquiry and to send the material you requested. No list sharing. The memo is shared with qualified investors under NDA.

This page is provided for information only. It is not an offer to sell or a solicitation of an offer to buy any security, and it is not investment, legal or tax advice. Any investment would be made solely on the basis of the definitive transaction documents for a specific opportunity, offered only to persons eligible to receive them. Private investments are illiquid and involve the risk of total loss of capital. Past results are not indicative of future performance, and no return is projected or guaranteed.