Wealth management firm ILIOS 72 Alternative Capital raises seed round

Wealth management firm ILIOS 72 Alternative Capital has raised Rs 1 crore in a seed funding round from a group of family offices. This marks the company’s first external raise. 

The proceeds will be utilized for business expansion and making its presence beyond metros along with increased access to overseas markets, ILIOS 72 Alternative Capital said in a press release.

Co-founded in 2025 by Shivansh Sabharwal and Valmik Iyer, ILIOS 72 Alternative Capital is a new-age wealth management platform that aims to redefine access to alternative investments for the long-term Indian investor. The company also aims to make private markets more inclusive and make  investment opportunities  for the masses. The firm is working to lower  barriers and give more people the tools to build real wealth.

According to ILIOS 72, it operates on an open-architecture model and puts client outcomes ahead of sales goals. The company helps individuals and families access alternative investments, from marquee listed equity strategies to private equity to venture capital to overseas investment opportunities, through a transparent, research-led approach. 

The fund raise comes at a moment of major change in India’s financial landscape. Wealth is growing, more families are learning about long-term investing, and the demand for personalized, research-driven advice is rising fast. That’s where ILIOS 72 intends to be a long-term partner for families navigating new financial opportunities.

ILIOS 72 claims to have onboarded 100 clients including several prominent business families. The company also claims to have  a strong track record of managing large amounts of assets for family offices and HNI/UHNI clients in their previous roles and a proven track record of transacting in the private markets that attracted the investors.