Godrej Industries Group is entering the private credit market through Godrej Asset Management Company. The group plans to launch its maiden alternative investment fund with a target of ₹2,000 crore. This fundraising goal includes a greenshoe option.

The Category-II fund will operate as a sector-agnostic vehicle. It focuses on providing flexible capital solutions to established private mid-market companies. These investments will support growth financing, acquisitions, and debt refinancing.

This move extends the group's existing financial services footprint established through Godrej Capital. The expansion follows the recent appointment of Pirojsha Godrej as the group's executive chairperson.