Aditya Birla Capital Advisors has invested Rs95Cr in Aplhion India Private Limited. The investment was made from Aditya Birla Private Equity - Fund I.

Alphion is a subsidiary of US based Alphion Corporation. Aplhion manufactures Fiber-To-The-Premises (FTTx) access systems, subsystems and integrated photonic devices. Their access systems offer optical networking solutions for the rapidly emerging FTTx market and the portfolio includes a full range of products for central office, outside plant, customer premise and network management.

It is also developing all optical PON (passive optical network) network extension solutions to extend the reach of broadband services. Alphion GPON solutions enable the convergence of wireless and wire-line networks as it is suitable not only for multiple-play voice, high speed Internet, data and video services but also for backhaul of WiMax, 2G/3G/4G cellular and future wireless networks.

Alphion India Private Limited has operations in Mumbai, Chennai, Bangalore, New Delhi, and Gurgaon.

Aditya Birla Capital Advisors Private Limited is the PE arm of Asitya Birla Group. It closed its maiden Fund, Aditya Birla Private Equity - Fund I in March 2010 raising Rs. 880Cr and in Feb 2010, this fund bought 20% stake in Gujarat-based Anupam Industries Ltd for Rs.50cr. It has invested in CARE Ratings and BSE.

Most recently in invested Rs40Cr in New Delhi based water treatment firm - SMS Paryavaran Ltd from it's second fund - Sunrise Fund. It has announced the first closing of the Sunrise Fund at Rs.2.2 Bn. The fund will invest on specific themes including lifestyle, lifeskills and education, lifecare and applied technologies.

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