# Alchemy Capital Management

> Alchemy Capital Management is a VC fund backing Software and Food and Beverage. See 9 investments, check sizes, portfolio and contact details. Updated Aug 2026.

- Type: VC Fund
- Location: Mumbai, India
- Total investments: 9
- Last investment: Sep 2025
- Lead investor: 44%
- Last updated: Aug 2026
- Website: http://www.alchemycapital.com

Alchemy Capital Management is a VC fund in Mumbai focused on Software and Food and Beverage. Alchemy Capital Management provides Capital, Wealth Management Services in India.

## Contacts

5 contacts available for Alchemy Capital Management. Shizune tracks 1 team members at Alchemy Capital Management. Sign up free to unlock them: https://app.shizune.co/sign-up/investor-profiles/find-team-emails/alchemy-capital-management?utm_source=investor_profile

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Software | 3 | 33% |
| Food and Beverage | 2 | 22% |
| Banking | 1 | 11% |
| Fashion | 1 | 11% |
| Finance | 1 | 11% |

25 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Series A | 2 | 22% |
| Funding Round | 2 | 22% |
| Private Equity | 2 | 22% |
| Seed | 1 | 11% |
| Series E | 1 | 11% |

6 stages tracked in total.

### Country

| Country | Investments | Share |
| --- | --- | --- |
| India | 5 | 56% |
| United States | 2 | 22% |
| China | 1 | 11% |

## Team

| Name | Title | Investments | Profile |
| --- | --- | --- | --- |
| Lashit Sanghvi | Co-Founder & Whole-Time Director | 9 | https://shizune.co/investors/profile/lashit-sanghvi |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Beroe Inc - Advantage Procurement | Beroe is headquartered in the Research Triangle, North Carolina with a Research & Analysis Headquarters in Chennai, India. We also have satellite Research centers in China and Argentina | $34M | Private Equity | Sep 25, 2025 |  |
| Purple Style Labs | Purple Style Labs is an IIT-Bombay graduate and ex-banker with Deutsche. It aspires to be the biggest fashion house of India managing multiple designer brands in the premium, luxury as well as affordable retail segment. | $40M | Series E | Mar 12, 2025 |  |
| Exum Instruments | Exum builds instruments and software ecosystems to increase the speed of development and discovery, offering easy access to high-performance at a low-cost. | $6M | Series A | May 23, 2023 |  |
| Feisu | Feisu Soft is a cloud-native full-scenario low-code and digital infrastructure service provider, focusing on cloud-native full-scenario low-code and digital infrastructure, and is committed to improving the development efficiency of web page basics and other development platforms. The main products are rapid development platforms. , Operation andmaintenance management integrated platform and monitoring management, core technologies include TOGAF enterprise architecture, object-oriented business modeling, front-end and back-end separation development technology, cloud deployment and Spring technology framework, etc. | $4.3M | Series A | Mar 15, 2023 |  |
| Exum Instruments | Exum builds instruments and software ecosystems to increase the speed of development and discovery, offering easy access to high-performance at a low-cost. | $1.8M | Seed | Apr 26, 2022 |  |
| Ruchi Soya Industries | Ruchi Group of Industries is a well-known Indian conglomerate with business interests in diverse field like FMCG, Oils, Steel, Cement, Power, Real Estate, Dairy Products, Agro Commodities, Logistics and Warehousing. The group has its corporate headquarters in Indore, with offices and plants located at major business centers in the country. Eversince their foundation, they have pursued an unstinted path of growth despite national and international competition. | $153.6M |  | Mar 24, 2022 |  |
| Barbeque Nation Hospitality | Barbeque Nation Hospitality is an Indian food service company that introduced the concept of live grilling of Kebabs to the market. It owns and operates 138 Barbeque Nation brand of casual dining restaurants that offer over-the-table barbeque live grills for diners in 73 cities across India.The company was in 2006 and is headquartered inBengaluru, Karnataka. | $9.5M | Private Equity | Jul 25, 2018 |  |
| Newgen Software Technologies | Newgen Software is a leading global provider of Business Process Management (BPM), Enterprise Content Management (ECM), and Customer Communication Management (CCM) solutions. With a global footprint of 1000 installations in over 50 countries, the company is credited with large, mission-critical deployments at the world’s leading banks, insurancefirms, BPOs, healthcare organizations, government agencies, telecom companies, and shared service centers.Newgen has been positioned in the Magic Quadrants for Intelligent Business Process Management (BPM), Enterprise Content Management (ECM), and Customer Communication Management. The company has been recognized by distinguished analyst firms including Gartner, Forrester, Frost and Sullivan, and IDC.Assessed at CMMi Level3, Newgen is certified as ISO 9001:2008 for Quality Management System and ISO 27001:2005 for Information Security Management System. | $15.5M |  | Jan 15, 2018 |  |
| Niyogin Fintech | Niyogin operates as a non-banking finance company in India. It is involved in loans, finance, and investment, as well as lending and allied activities to micro, small, and medium enterprises. | $28.6M | Post-IPO Equity | Jun 02, 2017 |  |

9 of 9 investments shown.

## Co-investors
- [Cortado Ventures](https://shizune.co/investors/profile/cortado-ventures) — VC Fund, 2 deals together
- FortySix Venture Capital — VC Fund, 2 deals together
- 46 Venture Capital — VC Fund, 1 deal together
- [Advantage Capital](https://shizune.co/investors/profile/advantage-capital-partners) — VC Fund, 1 deal together
- Amerocap — VC Fund, 1 deal together
- Bajaj Holdings and Investment — VC Fund, 1 deal together

## Similar investors

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- [Antler](https://shizune.co/investors/profile/antler-be9c) — VC Fund
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- [General Catalyst](https://shizune.co/investors/profile/general-catalyst-partners) — VC Fund

## FAQ

### What does Alchemy Capital Management invest in?

Alchemy Capital Management invests primarily in Software, Food and Beverage and Banking startups, most often at Series A and Funding Round stage. Most of the 9 investments tracked by Shizune back companies in India. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### How do I contact Alchemy Capital Management?

Public channels for Alchemy Capital Management include the website linked on this profile. For a verified work email and phone number, create a free Shizune account — contact data is searched across 20+ sources and validated before delivery, so your outreach lands in the right inbox.

### Who are the partners at Alchemy Capital Management?

The team at Alchemy Capital Management includes Lashit Sanghvi (Co-Founder & Whole-Time Director). The Team section lists each member with their title, investment count and links.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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