With a focus on investing in rounds with 4-5 participants, Alchemy Capital Management has established itself as a leading player in the VC industry. While other notable investors in startups include Sapphire Ventures, HSBC Private Equity (Asia), and Chiratae Ventures, Alchemy Capital Management has seen significant success, particularly in 2018, with a high number of exits. The fund typically engages in 1-2 investment rounds annually, with investments ranging from $10-50 million. Notable portfolio companies include Newgen Software Technologies, and the fund primarily invests in industries such as Supply Chain Management and Contact Management. Founded by Lashit Sanghvi, Alchemy Capital Management has grown in reputation and is now one of the largest Portfolio Management Services providers in India, managing assets worth $1 billion as of March 2021.