# Aarin Capital

Aarin Capital is a Multi Family Office based in Bengaluru, India.

## Overview

- **Organization type:** Multi Family Office
- **Headquarters:** Bengaluru, India
- **Region:** Asia
- **Address:** Bengaluru, India
- **Assets under management:** 100 (Altss estimate)
- **Website:** aarincapital.com
- **LinkedIn:** https://www.linkedin.com/company/aarin-capital

## Regulatory record

- **Reports private funds:** No

## About

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 and Licious. 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.

## Sectors

- Healthcare Services
- EdTech
- Digital Health
- FinTech
- AgriTech & FoodTech

## People

- T.V. Mohandas Pai — Co-founder
- Dr. Ranjan Pai — Co-founder

## 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.

### 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.

### 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.

## Related profiles

- [81 Family Office](https://altss.com/profile/81-family-office)
- [Active Compass](https://altss.com/profile/active-compass)

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Last updated: 2026-08-10T15:54:10.904Z

Canonical page: https://altss.com/profile/aarin-capital

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