Alchemy Investment Management LLP, GIFT City, India (Alchemy IM) was incorporated in December 2021 and registered with International Financial Services Centres Authority (IFSCA) as Fund Management entity (Non Retail) vide registration number IFSC/FME/II/2022-23/050, with the majority interest held by Alchemy Capital Management Pvt Ltd, India, (Alchemy India) to provide Investment Management and Advisory Services to eligible investors.

Why GIFT City ?

  • The GIFT City promises to offer a wide range of services like capital market transactions, banking services, offshore asset management, and other financial transactions
  • The goal is to create a welcoming place where India-centric trading that's moved to Dubai, Mauritius or Singapore can return home
  • GIFT City is a planned business district in Gujarat, India. It is the new business destination offering competitive edge to Financial services and Technology related activities. An integrated development with Walk to Work concept adds immense value to the business activities
  • Our Vision
  • Our Mission
  • Ethos
  • Values
  • Milestones

Our Vision

To be a select asset and portfolio management firm through steady and excellent performance.

Our Mission

To meet the long-term objectives of all our stakeholders through superior service, absolute transparency and executional efficiency.


Where the mind is without fear and the head is held high.

Alchemy believes that knowledge is power. The firm stands on a culture of learning, excellence, integrity, and insight that come together to produce results which meet and exceed the clientele’s expectations.


Alchemy’s foundation is based on:

  • Working tirelessly to meet and ultimately exceed client expectations
  • The realization that there could be no limit to knowledge
  • Being resolute in achieving long term goals, yet being dynamic and original in our approach.
  • Pursuing excellence through highest quality practices.
  • Leading by example and nurturing teamwork.
  • Marrying integrity and transparency in all transactions and relationships.



Alchemy Capital Management Pvt Ltd, an investment management firm, is founded by Hiren Ved, Lashit Sanghvi, Late Rakesh Jhunjhunwala and Ashwin Kedia, with Hiren Ved acting as Founder, Director, and Chief Investment Officer.


Alchemy India is registered with SEBI as a Portfolio Manager.


Alchemy India's  portfolio management services commences.


Alchemy India acted as Chief Advisor to an Offshore Sovereign Wealth Fund


Alchemy's group company, Alchemy Investment Management Pte Ltd (Alchemy Singapore) is formed and operates as an Exempt Fund Manager and Advisor with the Monetary Authority of Singapore.


Alchemy Singapore launches its first equity fund - Alchemy India Fund Limited.


Alchemy Singapore launches its second equity fund Alchemy India Long Term Fund Limited.


Alchemy India received Wealth Asia award for Boutique Wealth Management Co. in India.


Alchemy Singapore got its license issued by the Monetary Authority of Singapore (MAS) for Fund Management business.


Alchemy Singapore got its Investment Advisor license issued by the Securities Exchange of Commission (SEC).


Alchemy Singapore won two pension fund mandates from North America.


Alchemy India launches its Category III – Alternative Investment Fund.


Alchemy Investment Management LLP receives IFSCA approval to start its GIFT City operations.