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Aarin Capital
T.V. Mohandas Pai and Dr. Ranjan Pai established Aarin Capital to manage family capital through direct investments and fund commitments. The firm concentrates...
Aarin Capital
T.V. Mohandas Pai and Dr. Ranjan Pai established Aarin Capital to manage family capital through direct investments and fund commitments. The firm concentrates on growth-stage opportunities in life sciences and education technology. Aarin Capital allocates across venture equity, structured credit, and fund-of-funds vehicles. Confirmed holdings include positions in BYJU'S, PharmEasy, Licious, and FirstCry. The firm maintains exposure in India and select markets in Africa. Dr. Ranjan Pai completed a secondary purchase in Brainbees Solutions during 2024. The office operates with a lean team and maintains board ties to entities including Manipal Academy of Higher Education and Quess Corp. T.V. Mohandas Pai holds public-interest directorships at the National Stock Exchange of India and the National Payments Corporation of India. No additional offices are disclosed. Capital flows through a hybrid structure that combines direct co-investments with commitments to external managers. Family board oversight at Manipal Education and Medical Group shapes mandate boundaries and succession planning.
General information
Firm type
Multi Family Office
Location
Region
Asia
Country
India
City
Bengaluru
Corporate office
Bengaluru, India
Principals
T.V. Mohandas Pai
Co-founder
Dr. Ranjan Pai
Co-founder
Sector focus
Frequently asked questions
Who runs investment decisions at Aarin Capital?
T.V. Mohandas Pai and Dr. Ranjan Pai serve as co-founders and set investment direction. Both maintain active board roles across portfolio companies and related entities.
Does Aarin Capital participate in fund commitments or only direct deals?
The firm uses both fund-of-funds vehicles and direct investments. It has backed external managers while also taking positions in companies such as BYJU'S and Licious.
What investment stages does Aarin Capital typically target?
The firm focuses on seed, Series A, and Series B rounds. It supports companies from early validation through growth phases in its core sectors.
Where does the underlying wealth come from?
Capital originates from the Pai family interests in education and healthcare services through Manipal Education and Medical Group.
How is Aarin Capital related to 3one4 Capital?
T.V. Mohandas Pai serves as chairman of the board of advisors at 3one4 Capital, the venture firm founded by his sons Pranav Pai and Siddarth Pai.
Which sectors does Aarin Capital explicitly avoid?
No explicit avoidance list appears in available records. Activity centers on healthcare, education technology, and consumer platforms.
Does Aarin Capital maintain philanthropic structures?
The Pai family supports Manipal Foundation, The Akshaya Patra Foundation, and Public Health Foundation of India through separate vehicles.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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