FAQ'S

  • For Potential Investors
  • For Founders & Investee Companies
What exactly is the Alanar One Health Fund?

The Alanar One Health Fund is a Category II AIF, investing in unlisted businesses across pharmaceutical engineering, healthcare, biotechnology, and life-sciences infrastructure. We focus on sectors where complexity is unavoidable, regulatory risk is real, and long-term execution—not short-term momentum—creates durable value.

What is the target corpus of the fund?

The fund targets ₹126 crore, with a ₹54 crore greenshoe. This allows us to remain selective while retaining flexibility to increase exposure where conviction is high and execution visibility is strong.

What is the minimum commitment size?

₹1 crore, with an initial drawdown of 20%. This structure ensures alignment with investors who are comfortable with patient capital and understand that value in these sectors compounds over time.

What sectors does the fund invest in?

Our core focus is pharmaceutical engineering, with selective exposure to healthcare, biotechnology, pharmaceuticals, and emerging areas such as gene therapy andregenerative medicine—where technical depth and regulatory understanding matter.

Does the fund invest in listed companies?

Our primary focus is unlisted and pre-IPO opportunities. That said, we remain open to companies where the growth opportunity is clear, executable, and aligned with our long-term, system-driven approach.

How does Alanar manage risk in complex sectors?

Risk is addressed upfront through deep sector understanding, detailed diligence, and realistic assessment of regulatory and operating constraints. We also stay involved through key inflection points, where most long-term risk actually emerges.

What stage does the fund invest in?

We typically invest in growth-stage businesses—companies that have proven relevance but require disciplined capital and sound judgment to scale responsibly and sustainably.

What is the typical cheque size?

26% for 15-20 Cr.

How is this different from a traditional PE or VC strategy?

We make meaningful minority investments, with flexibility on structure and sizing. The focus is on alignment and impact, not rigid ticket brackets.

What role does the ecosystem actually play?

The ecosystem is not a value-add service—it’s an operating reality. It informs diligence, reduces execution risk, and supports portfolio companies with practical insight drawn from decades of real work.

How active is the fund post-investment?

We are actively involved when decisions carry long-term consequences and deliberately restrained when they don’t. Presence without interference is the goal.

What is the expected investment horizon?

Long enough for systems to mature and value to compound properly. We don’t optimise for early exits at the expense of durability or long-term outcomes.

What kinds of companies does the fund invest in?

We invest in engineering-led, system-driven businesses where execution quality, regulatory discipline, and operational depth matter more than narratives or short-term optics.

What stage should companies be at?

Typically growth stage. That said, we’ve never said no to a business with genuine potential, provided there is clarity of direction and willingness to build with discipline.

Will founders retain control after investment?

Yes. Founders continue to lead their businesses. Our role is to reinforce systems, improve decision-making, and support scale—not to replace leadership or vision.

How involved is Alanar after investing?

We engage most during strategic decisions, regulatory transitions, and scale-up phases. Outside of that, we stay out of the way and let teams execute.

Do you push for aggressive growth targets?

We believe growth is essential—every business exists to grow. We simply believe growth should be supported by systems that can sustain it, not forced ahead of readiness.

What does “beyond capital” actually mean for us?

It means access to operating judgment, sector understanding, and an embedded ecosystem built over decades—activated selectively, only when it creates real leverage.

How do you handle regulatory-heavy environments?

These environments are familiar ground. We invest with a clear understanding of regulatory pathways, compliance requirements, and realistic timelines from the outset.

What happens if the business hits a difficult phase?

That’s when we lean in the most—helping founders think through trade-offs, priorities, and structural decisions that shape long-term outcomes.

What kind of founders are not a fit for Alanar?

Founders looking for capital without accountability, acceleration without discipline, or a passive glide path to retirement are unlikely to find alignment with us.