| India | Investment management and advisory services to Indian private equity and alternative investment funds. | Experienced team, SEBI-registered funds, and consistent fund performance with growing fund sizes. | Institutional investors, Indian companies, and offshore investors via Indian-focused funds (B2B). | Advisory and asset management fees related to Fund IV digital technology investments. | 32 | 24 | Advisory fees, fund management fees, and performance-linked income from Indian funds. | Fee-based model combining fixed management fees and performance incentives. | Growing Indian market for private equity and venture investments plus digital technology sector focus. | Gaja Capital Funds I-IV |
| Mauritius | Sub-advisory and corporate advisory services for offshore funds channeling investments to India. | Cross-border advisory expertise and established relationships with offshore funds investing in India. | Offshore institutional investors and funds investing in India (B2B). | High-margin advisory services through offshore mandates. | 103 | 76 | Advisory and sub-management fees from offshore investor funds. | Service fees based on agreements with offshore funds. | Increasing offshore capital inflows into Indian alternative assets and fund advisory demand. | Gaja Advisors Ltd, Mauritius |
