Alpha AMC targets Rs 1,000-cr corpus for VentureX SME Fund

Alpha AMC's VentureX SME Fund has crossed Rs 223 crore in total commitments, targeting a corpus of Rs 1,000 crore to invest in high-growth small and medium enterprises.

Alpha AMC, an alternative investment management firm, is targeting a corpus of Rs 1,000 crore for its flagship product, VentureX SME Fund, a top company official said.

The fund crossed total commitments of Rs 223 crore as of April 30, 2026.

In an interaction with PTI, Rajesh Singla, CEO and Fund Manager at Alpha AMC, said the firm focuses on investing in small and medium enterprises (SMEs) at the pre-IPO and IPO stage, identifying businesses with strong fundamentals and high-growth potential before broader institutional participation.

''The biggest wealth creation opportunities often emerge in businesses that are still in their growth phase. Larger companies provide stability, but smaller, fundamentally strong companies can scale faster, compound earnings consistently, and create disproportionate long-term value for investors,'' Singla said.

The VentureX SME Fund has so far deployed over Rs 90 crore across high-growth SMEs and screened more than 1,100 investment opportunities, selecting only 34 companies, he added.

''As of April 30, 2026, Alpha VentureX Fund has crossed total commitments of Rs 223 crore and a targeted fund size of Rs 1,000 crore,'' Singla, who founded Alpha AMC, said.

According to the company, its portfolio includes firms such as JD Cables, Alpex Solar and Accent Microcell.

Singla said that Alpha AMC plans to expand its product offerings through a Mauritius-based feeder fund for overseas investors, a smallcase product for retail participation, and eventually a mutual fund platform.

The company sees strong investment opportunities across sectors, including clean energy, technology, pharmaceuticals, manufacturing, and cables and wires.