Meet the people who make
Modulus Alternatives

Modulus means absolute value and the team at
Modulus Alternatives looks at all its decisions through an
absolute value lens.

Our Robust Governance Framework

It starts with a robust governance framework with an Independent Chairperson at the helm accompanied by an astute Investment Advisory Board and an erudite Investment Committee to guide all strategic initiatives.

Board of Directors

Vinod Rai

Chairman, Board of Directors

Mr. Vinod Rai was appointed the Chairman of the Board of Modulus Alternatives Investment Managers Limited in December 2022.

  • Former IAS officer who served as the 11th Comptroller and Auditor General of India.
  • His long and rich experience of working in various capacities at Central and State Government is guiding the firm on governance framework.
  • In 2016, he was appointed the Chairman of Banks Board Bureau, which provides advise on top-level appointments at public sector banks and ways to address the bad loans.
Chandir Gidwani

Non-Executive Director

Rakshat Kapoor

Chief Investment Officer

Alok Agarwal

Non-Executive Director

Raman Uberoi

Independent Director

Investment Advisory Board

The Investment Advisory Board offers strategic guidance and expertise to enhance investment decisions and mitigate risks for the firm.

Mr. Alok Agarwal

Chairman
  • Mr. Alok Agarwal is an accomplished finance professional and an iconic figure in Corporate India. He brings a plethora of experience, extensive relationships, and strategic insights to the Modulus Alternatives platform.
  • Mr. Agarwal has a distinguished corporate career spanning over three decades. He has been an integral part of Reliance Industries since 1993. Since 2005, he has served for 18 years as the Chief Financial Officer of Reliance Industries Limited (RIL)
  • Over the past two decades, he has played a pivotal role in managing the group’s financial resources, overseeing banking relationships, and facilitating capital market transactions.
  • Before joining Reliance, he was with Bank of America for 12 years.
  • Mr. Agarwal holds a Post Graduate Diploma in Management from IIM-Ahmedabad and a B.Tech in Electrical Engineering from IIT Kanpur.
IAB – New one

Designation

IAB – New two

Designation

IAB – New three

Designation

IAB – New four

Designation

Investment Committee

Raghavendra Rao

Former Deputy MD, SBI

K R Kamath

Former Chairman, PNB

Jaspal Bindra

Executive Chairman, Centrum

Rakshat Kapoor

Chief Investment Officer

Senior Members

Narayanan
Sadanandan

Senior Advisor

Anoop
Krishna

Senior Advisor

Indranil
Das

Chief Operating Officer

Investment Team

Rakshat Kapoor

Chief Investment Officer

Apurva Agarwal

Investment Team

Harish Goel

Investment Team

Shared values at Modulus Alternatives

Built on four pillars, our values help create a culture that embodies
trust, partnership and results

Integrity

This forms the bedrock of our way of working. Our words and actions are always in alignment and there is no room for ambiguity. Integrity reflects in our operations, attitude, belief, language, and behaviour, thus forming the operating culture of the firm.

Transparency

We uphold transparency as a fundamental aspect of our operations, consistently sharing clear and accurate information with our investors, portfolio companies and all other stakeholders, to promote informed decision-making.

Conviction

Driven by a strong sense of conviction, we pursue investment opportunities that not only align with our guiding principles and values but also contribute significantly to the Indian economy.

Responsibility

Embracing a spirit of entrepreneurship and responsibility for our actions and choices, we promote an environment of accountability and reliability in the firm. This fosters a strong foundation of trust among our clients and team members within our firm.
Company
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SEBI Registration Numbers: CCOF - IN/AIF2/18-19/0662, ICOF - IN/AIF2/22-23/1220
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Modulus Alternatives Investment Managers Limited (Modulus Alternatives) is a registered company bearing CIN: U67200MH2019PLC319950.
Investment in Alternative Investment Funds (AIFs) is made via private placement only and only through a serially numbered placement memorandum specifically addressed to the addressee. The information contained herein is being generally made available and is meant for educational purposes only. Nothing on this website is to be construed as an investment or financial or taxation advice nor to be considered as an invitation or solicitation or advertisement for any financial product. Investment in AIFs registered with the Securities and Exchange Board of India (SEBI) are subject to Indian laws and neither SEBI nor Modulus Alternatives, the AIFs managed by Modulus Alternatives or the trustees shall be liable for any content on this website. Kindly refer to the disclaimers, and terms and conditions for further details
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