As foretold, India is finally delivering a big bang exit year for Limited Partners (LPs)--those investors who provide capital to private equity (PE) and venture capital (VC) funds.
The influx of global liquidity into India combined has played out twofold. One, it is making it easier for PE and VC firms to raise new capital. Second, it has also led to a frenzy in the capital markets, allowing HNIs to book profits and divert a significant chunk of that capital into the domestic alternative investment industry.
India is also set to benefit from the pivot from China. Many funds are shifting their allocation from China to India, in light of the Chinese government crackdown on certain segments and industrialists.
Moreover, following the successful listings of VC-backed unicorns such as Nykaa and Fino Paytech, there was continued strong investor interest for VC-backed, new-age companies like Zomato, PayTM, Policy Bazaar, and others looking to complete their listings. It's hardly a surprise, then, that the amount of money returned to LPs this year has exceeded the past three years combined.
PE/VC deal activity in Calendar 2021 has significantly exceeded previous all-time highs. PE/VC investments have recorded $65.6 billion in 2021 till October end, 38% higher than the previous annual high recorded in 2020, and exits have recorded $38.7 billion, 43% higher than the previous calendar high recorded in 2018, according to a report by the Indian Private Equity & Venture Capital Association (IVCA) and consultancy firm EY.
On a year-on-year (y-o-y) basis, too, exits recorded more than a seven-fold increase in terms of value in the first half of 2021 (1H21) compared to 1H20 and 2H20 ($22.5 billion vs. $3 billion in 1H20 and $3.1 billion in 2H20), and more than 3.7 times the value recorded in entire 2020. This is also the highest half-yearly value of exits and the second-highest on an annual basis. The number of exits in 1H21 (118 exits) was 82% higher compared to 1H20 (65 exits) and 37% higher compared to 2H20 (86 deals), according to IVCA and EY.
Exits via strategic sale were the highest with $12.7 billion recorded across 29 deals, accounting for 57% of all exits in 1H21 which is mainly on account of the large GlobalLogic-Hitachi deal worth $8.6 billion. Next in line were exits via secondary sale (sale to other PE funds) at $4.5 billion (31 deals) that recorded the highest ever half-yearly value and four times the value recorded in entire 2020. Open market exits recorded 38 deals worth $2.9 billion, the IVCA and EY report noted. PE-backed IPOs too recorded the highest ever half-yearly value of exits in 1H21 and second highest in terms of number of IPOs, which saw PE funds garner US$1.6 billion in sale proceeds across13 IPOs.
Going forward, what does this mean for LP allocation going forward? The IPO boom has also come as a booster shot to the HNI community, which will have implications for the domestic LP ecosystem. Already, significant HNI money has been poured into domestic funds such as Sixth Sense, 3one4 Capital, and others. This has also turbocharged the angel investment community – which has seen exponential growth this year.
This has translated into a surge in investments into the start-up ecosystem, kickstarting a new era for India.
By Jaideep Mehta, CEO, Mosaic Digital & Head - Mint
By Amit Dixit, Head of Asia Private Equity, Blackstone
This was a landmark year for exits, in part because of the booming public markets. Investors across the board were able to return money to their limited partners. As the public markets show signs of tapering, will this momentum for exits continue into 2022? The Indian business cycle has also kicked into expansion mode, with business housing favouring increased capital expenditure. Will this mean more M&As and fundraising events in 2022?
Speakers:
Dominic Goh, Principal, Harbour Vest
Sunil Mishra, Partner at Adams Street Partners and Vice Chairman at Singapore Venture Capital & Private Equity Association
Nithya Easwaran, Managing Director, Multiples Alternate Asset Management
Pushkar Kulkarni, Managing Director, CPP Investments
Subeer Monga, Partner, Mayfield India
Raghubir Menon, Corporate, M&A, and PE Partner, Shardul Amarchand Mangaldas & Co
Moderator
Jaideep Mehta, CEO, Mosaic Digital & Head - Mint
Technology investors reported stunning returns to their limited partners in 2021. What is the thinking amongst traditional LPs towards tech investments? Are General Partners in sector agnostic funds allocating more capital to tech deals? Are LPs keen to increase their allocation to tech investments.
How are LPs viewing their allocation into India in light of the shift out of China? Are there particular sectors that will benefit?
Speakers:
Michael Liu, Managing Director, Portfolio Advisors
Ajit Kumar, Managing Partner, Evolvence India Fund
Craig Gifford, Head of South Asia Private Equity Funds, CDC Group
Neha Grover, South Asia Lead, Private Equity, International Finance Corporation
Praneet Garg, Managing Director, Asia Alternatives, Hong Kong
Moderator
Ranjani Raghavan, Associate Editor, VCCircle
Fund Raiser of the Year - PE
Fund Raiser of the Year - VC
Exit of the Year
The past year has seen valuation soar in specific segments – tech, non-tech and public markets. How should fund managers find value in this environment? How are investors coping with company valuations jumping three times in a single year?
Will a contrarian strategy work? Are the lines blurring between early, growth and late-stage investors?
By Vishal Mahadevia, Managing Director, Head of India, Warburg Pincus
Law firm of the Year - PE
Law firm of the Year - M&A
Investment bank of the Year - PE
Investment bank of the Year - M&A
In 2021, many VC funds exceeded their target corpus and were significantly over subscribed. In light of a bumper exit year, has Fundraising becoming easier for Indian GPs? Indian home-grown PEs such as Chrys Capital, True North and Everstone Capital are on the road to raise new large funds. Are funds comfortable with increasing their corpus? What is their key selling point to LPs? How are they protecting their turf when there is so much competition from cross over funds?
Speakers:
Gopal Srinivasan, Managing Director & Chairman, TVS Capital
Padmanabh Sinha, CIO & ED – Private Equity, National Investment and Infrastructure Fund
Ishpreet Gandhi, Founder and Managing Partner, Stride Ventures
Anshul Jain, Managing Director, Lighthouse Funds
Shivani Bhasin Sachdeva, Founder & CEO, India Alternatives
Moderator
Beena Parmar, Assistant Editor, VCCircle
The boom in public markets has boosted investor net-worth significantly. Many HNIs are now considering alternative investments and tapping wealth managers or setting up their own family offices. Have HNIs finally have emerged as an influential LP segment within India. Have family offices become more sophisticated about their alternative strategies? What are their aspirations?
Speakers:
Mihir Vora, Senior Director & Chief Investment Officer, Maxlifeinsurance
MD Ranganath, President, Catamaran
Radhika Rajan, Executive Vice President, DSP Investments
Tinaz Mistry, Mistry Family Office
Nitin Singh, MD & CEO, Avendus Wealth Management
Skanda Jayaraman, CEO, Qapita Marketplace
Moderator
Ranjani Raghavan, Associate Editor, VCCircle
Consumer Company of the Year
Education Company of the Year
Healthcare Company of the Year
Agri Company of the Year
The Securities Exchange Board of India introduced various tweaks to the AIF regime this year.
But certain proposals in taxation could end up eating into the AIF fee pool. How is the industry lobbying the government on this? What is the industry wish list? How can the government boost the AIF regime further?
By Siddarth Pai, Founding Partner, 3one4 capital
Financial Services Company of the Year
Infrastructure Company of the Year
Industrial Company of the Year
The Indian government has aggressively offered sops to sovereign funds on their infrastructure investments. As a result, in 2021, several sovereign funds including the likes of GIC, ADIA, Mubadala made massive investments in infrastructure. Can we expect this to continue in 2022? How can we boost domestic infrastructure investors?
Speakers:
Pawan K. Kumar (IRS), Deputy Managing Director, India Infrastructure Finance Co. Ltd.
Milind Joshi, India Partner, Global Infrastructure Partners
Gaurav Kapoor, Head Capital, British High Commission
Moderator
Beena Parmar, Assistant Editor, VCCircle
Global Fund Manager of the Year
Indian Fund Manager of the Year
Investment Professional of the Year
Jumping off the capital markets boom, Family Offices have taken to the investment space in a more organised manner. What is their strategy? How are they sourcing deals? And can they compete against VCs in the hyper-competitive growth investing market?
Speakers:
Jai Rupani, Chief Investment Officer, Dinesh Hinduja Family Office
Ruchi Dana,Partner & Executive Board Member, Dana Group
Anirudh Damani, Director, Artha India Ventures
Sanjay Mehta, Founder & Partner, 100X.VC
Moderator
Joseph Rai, Special Correspondent, VCCircle
Jaideep Mehta, CEO, Mosaic Digital & Head - Mint in conversation with Puneet Nanda, MD & CEO, ICICI Venture Funds Management Company Limited
The world of investments has changed significantly over the past 10 years and is going to change in the next years. UHNI families are embracing new-age opportunities that enhance the return profile of the portfolio significantly. They are doing portfolio construction minimizing risk and optimizing returns. Families are investing time in differentiating perception of risk and real risk. Decode the evolving trends and understand “How UHNI families construct their portfolio” and get insights on the developments in the public and private market space and other new-age financial products.
Shalil Gupta, CBO, Mosaic Digital in conversation with Arvind Bansal, Executive Director and Head, Products and Advisory, Avendus Wealth Management
This was a landmark year for exits, in part because of the booming public markets. Investors across the board were able to return money to their limited partners. As the public markets show signs of tapering, will this momentum for exits continue into 2022? The Indian business cycle has also kicked into expansion mode, with business housing favouring increased capital expenditure. Will this mean more M&As and fundraising events in 2022?
Shalil Gupta, CBO, Mosaic Digital in conversation with Amit R. Krishnan, Co-Founder and Principal, FidelisWorld
LP of the Year
LP Professional of the Year
Ajit Kumar leads Evolvence India Fund, an India focused niche and differentiated PE Fund sponsored by New York Life Insurance/Gold Point Partners and Evolvence Asset Management. He is responsible for the core operations of the fund, from deal originations to exit as well as investor relations and regulatory compliance. During his investment career spread over 25 years he has been involved in Private Equity investments in more than 175 funds, direct and co-investments across various themes and strategies, sectors and geographies. He represents EIF on the Advisory Boards, Investment Committees and board of the various investments. He holds a MBA from London Business School.
Amit Dixit is the Head of Asia for Blackstone Private Equity. Since joining Blackstone in 2007, Mr. Dixit has been involved with various investments and investment opportunities in India and South Asia. Previously, Mr. Dixit was a Principal at Warburg Pincus. Mr. Dixit received an MBA from Harvard Business School, an MS in Engineering from Stanford University, and a B.Tech. from Indian Institute of Technology Mumbai where he was awarded the Director’s Silver Medal for graduating at the top of his program. He currently serves as a Director of several companies including Mphasis, TaskUs, Aadhar, Essel Propack, Aakash Education, Sona Comstar, IBS Software, Jagran Prakashan, Mid-Day Infomedia, and Piramal Glass. Mr. Dixit was previously a Director of Intelenet Global Services, Trans Maldivian Airways, Igarashi Motors India, S.H. Kelkar, and Emcure Pharmaceuticals.
Amit has 10 years of experience in London and Dubai in investment banking, industry, entrepreneurship, and private equity. This includes 8 years of investing experience with FidelisWorld. He has been involved in various capacities in fundraising, deal sourcing, diligence, transaction negotiation, final closure, and exits of all FW portfolio companies, totaling approx. USD 150 million. Amit was actively involved in setting the overall strategy of the proprietary FidelisWorld vehicle and its portfolio companies. His previous experience includes helping manage the acquisition and integration of a major Middle Eastern steel foundry and valve manufacturer by Tyco, the global industrial firm.
Amit is a graduate of the Georgetown University School of Foreign Service and the General Course at the London School of Economics with a major in International Political Economy. He also completed a six-month course at the Beijing Language and Culture University. Born in India and raised in New York, Singapore, and Hong Kong, Amit speaks English, Tamil, Hindi, and Spanish.
Anshul is a Managing Director and co-leads the investment team at Lighthouse Funds. She serves on the board of Duroflex. She has over 18 years of experience encompassing growth investments and investment banking. Previously, she led consumer sector coverage at ICICI Securities including M&A, PE and capital market transactions.
Anshul earned an MBA from Indian Institute of Management (IIM) Indore.
Equipped with over 15 years of entrepreneurial experience, Anirudh is a fourth-generation entrepreneur and a second-generation investor from the Damani family. He is the Director of Artha India Ventures (AIV), the well-established family office of the Ashok Kumar Damani family. While AIV has a sector-agnostic investment approach, under Anirudh’s leadership, AIV has thematically invested in travel-tech, fintech edtech, robotics, 3D printing, content platforms, e-commerce, Autotech, and health tech.
After a successful sales and entrepreneurial stint in Texas, he moved back to India in 2012. He started investing in and mentoring early-stage founders through AIV. His initial investments included multi-bagger investments in OYO Rooms, Tala, Exotel, Purplle, Interstellar, Coutloot, Mobilewalla, Beardo, ConfirmTkt, and Karza. His stellar cumulative portfolio now has over 85 investments spread across India, the USA, and Israel. In addition to Artha India Ventures, he also co-founded Artha Energy Resources and Artha Venture Fund under the business umbrella of Artha Group.
AIV got famous as it was part of the 1st large angel exit in India VC, making an astounding 150x+ return on its seed investment in OYO Rooms. AIV repeated that success in multiple category-defining startups like Exotel (154x), Purplle (120x), Tala (65x), and Coutloot (40x) are some of the many names that have been part of AIV’s portfolio.
A double major from Austin College in Sherman, TX, Anirudh has an exceptional work-life balance. He is passionate about adventure travel, focusing on deep-sea diving, sky diving, blogging, and is a die-hard cricket fan. He has recently started writing playbooks for founders to guide them through the crucial first 999 days of starting up.
About Artha India Ventures (AIV)
Artha India Ventures (AIV) is the family office of the Ashok Kumar Damani family.
Founded in 2012, AIV has an impressive portfolio of over 85 companies spread across India, the US, and Israel. Helmed by Ashok Kumar Damani, a serial entrepreneur, a well-respected stock investor, real estate developer, and hospitality assets owner - AIV’s day-to-day affairs are managed by his sons Anirudh & Animesh.
AIV operates a unique funding structure generating operating cashflows through investments in high-yielding renewable energy projects. The consistent cash flows from these investments are deployed in startup opportunities across the globe. While AIV has a sector-agnostic investment approach, it invests thematically in travel-tech, fintech edtech, robotics, 3D printing, content platforms, e-commerce, Autotech, and health tech.
AIV got famous as it was part of the 1st large angel exit in India VC, making an astounding 150x+ return on its seed investment in OYO Rooms. AIV repeated that success in multiple category-defining startups like Exotel (154x), Purplle (120x), Tala (65x), and Coutloot (40x) are some of the many names that have been part of AIV’s portfolio.
The overall portfolio multiple (MoIC) of 5.9x and a 51% IRR in a decade-long startup investment journey has made AIV a significant early-stage investor for startups in India or those who want to enter India. AIV is on the path to directly investing in over 100 startups by the end of 2022, including an indirect portfolio of 300+ startups through its GP & LP investments.
AIV has set its sight on a 1000+ startups portfolio by the end of the 2030-decade.
Arvind Bansal has over 20 years of experience into wealth and asset management business and is based in Mumbai. At Avendus, he heads the products and advisory desk for the Wealth business and his primary responsibility includes building the business's product capabilities in equity, fixed income and real estate asset classes. Prior to joining Avendus, he worked with Ocean Dial's asset management team, an Avendus entity now. Prior to Ocean Dial, Arvind was the Chief Investment Officer (CIO) for multi-manager business of ING Mutual Fund. He has had successful stints with KPMG and ICICI Prudential as well.
Arvind holds a Bachelor in Engineering degree from IIT, Delhi and an MBA degree from ISB Hyderabad.
Dominic Goh joined HarbourVest in 2012 and focuses on secondary investments. This includes analyzing, structuring, and monitoring a wide range of secondary transaction types.
Dominic was previously at Coller Capital where he evaluated secondary opportunities, and contributed to deal sourcing and fundraising efforts in Asia. Prior to that, he was an investment banking associate at ABN AMRO London in the Financial Institutions Group.
Dominic received a BSc (first class honours) in Accounting & Finance from the London School of Economics and Political Science in 2005. Dominic is fluent in Mandarin.
Gaurav Kapoor spearheads the British Government’s c.$400m development capital investments in India and the country relationship with the UK’s Development Finance Institution. This includes inclusive economic development, fostering new markets across sectors and regions and contribution towards Global Goals 2030.
He has more than two decades work experience across private equity and venture capital investment funds, responsible PE/VC investments and inclusive corporate development having led more than $3-billion worth of transactions.
Gaurav is a strong advocate for responsible and ethical investments, gender lens investing and ESG as well as the role of data and transparency in helping make India’s alternative asset industry more attractive to domestic and global investors. He has been a speaker and jury member on several industry panels and conclaves such as IVCA, India Impact Investors Council, VCCircle, TiE, CNBC TV18.
Gopal Srinivasan is the Chairman and Managing Director of TVS Capital Funds P Ltd.
A scion of the TVS family from the third generation, his entrepreneurial career spans well over three decades in which he has founded, steered and scaled up over 10 new ventures across diverse business verticals.
Passionate about fostering startups and mentoring young entrepreneurs and is an avid angel investor. He is a founding member of The Chennai Angels, one of the premier angels investing networks in India.
Gopal takes a keen interest in public policy matters of the VC/PE Industry, being actively involved with the regulators for the financial markets by dint of his engagements with SEBI (Member of AIPAC), the Indian Venture Capital Association (IVCA) & Confederation of Indian Industry (CII); He was also the Member of the Venture Capital Investment Committee for SIDBI’s Fund of Funds for Start-ups (FFS) programme in ’18-’19. Gopal is a Governing Council member of Reserve Bank Innovation Hub (RBIH), which has been formed in Dec’20; RBIH is a centre for idea generation and development to provide the facilitating environment, encourage collaboration, and in the process promote innovation in the financial sector. Gopal is also a non-official member on the National Start-up Advisory Council (NSAC) being formed by the Department for Promotion of Industry and Internal Trade (DPITT) in Jan’21 to advise the Government of India on measures needed to build a strong eco-system for nurturing innovation and startups in the country to drive sustainable economic growth and generate large scale employment opportunities.
He is also actively involved in knowledge initiatives through his involvement in academic institution. He is a member of University of Michigan’s India Advisory Board.
Gopal is also the Chairman of Chennai International Centre, a think-tank that brings together a cornucopia of thought leaders from the spheres of business, the economy, policymaking, science, art, culture and entrepreneurship.
Gopal has been recently appointed as the Honorary Consul General for the Kingdom of Netherlands in Tamil Nadu.
Ishpreet is the founder and managing partner at Stride Ventures. At Stride, Ishpreet’s all-encompassing role at the fund involves sourcing proprietary investment opportunities, fundraising, managing the portfolio by working with and supporting portfolio companies, including attending board meetings and monitoring performance to ensure returns and strategic objectives of the fund are achieved. As the fund manager, Ishpreet has built a well-diversified portfolio sanctioning over INR 1300Cr across 55+ companies across Consumer, FinTech, Logistics, AgriTech, B2B Commerce, HealthTech, B2B SaaS etc. Additionally, he has successfully pioneered tailor-made short term solutions for growth stage businesses and has created banking alliances for Stride’s portfolio company’s by leveraging his banking experience and network. Stride has been the most active venture debt fund in India in terms of deals executed, completing 50 deals in the calendar year 2021. Ishpreet currently operates across two funds, with the second fund gaining significant momentum, targeting above INR 1000 Crore with a greenshoe option of INR 75 Cr.
Prior to founding Stride Ventures, Ishpreet Gandhi started his career with Standard Chartered Bank in the SME banking division. This was followed by a term in Citibank commercial banking and thereafter, he managed MNC business for the northern region for Kotak group. He was the team leader at Yes Bank managing MNC and VC relationships in 2014, where he started sourcing growth-stage startups. Ishpreet managed relationships with Venture Capital funds like Omnivore, Matrix Partners, Sequoia Capital, Mayfield Advisors & Bertelsmann during his term at YES Bank and IDFC. He closed his first VC-backed transaction as a first lender to BIRA (Alcoholic beverages) in late 2015, when the company attracted Series A investment from Sequoia Capital. The second company Ishpreet identified was Lendingkart, (Series A in 2016). The company was amongst the earliest fintech companies in India. Similar companies which Ishpreet successfully onboarded amongst startups were Leap India backed by Mayfield Advisors, Sixth Sense Ventures & TVS Capital (2016), Rivigo backed by SAIF Partners & Warburg Pincus (2018), Securens backed by Mayfield Advisors (2017), Ofbusiness backed by Matrix Partners and Norwest Venture Partners (2017). All these companies have witnessed significant increase in valuations with no delays in principal repayments or servicing of coupons.
Jai is a man who wears many hats. As the CIO of the Dinesh Hinduja Family Office, he oversees investments across all asset classes for the group: real estate, equities, bonds, structured products, private equity and venture capital. He is also the Managing Partner for Gokaldas Lifestyle, the Group’s luxury real estate development firm.
Prior to joining the Gokaldas Group, Mr. Rupani was part of the investment team at True North (erstwhile India Value Fund), a USD 2.2 billion private equity fund in Mumbai. During his tenure at True North, Jai led the investments into Merucabs (one of India’s first taxi-aggregation companies) and ACT Broadband (a leading IPTV and broadband service provider). Prior to True North, Mr. Rupani was an investment banker with The Royal Bank of Canada Capital Markets Group in their San Francisco office for several years. At RBC Capital Markets, Jai was an integral part of the technology investment banking team managing IPO’s, private placements and M&A deals.
He has completed his formal education in Finance and Real Estate at the University of Michigan, Ann Arbor (BBA) and the University of Texas at Austin (MBA) in the United States. In his free time he enjoys mentoring start-ups, playing golf and spending time with his family.
As President of Catamaran, Ranga is responsible for investment strategy, asset allocation and the overall performance of the portfolio.
Ranga has over 29 years of experience in the global IT and financial services industries. He was the Chief Financial Officer of Infosys Ltd (NYSE: INFY) until November 2018. During his 18-year tenure with Infosys, Ranga was an integral part of the growth and transformation of the company and played leadership roles across a wide spectrum of areas—strategy, finance, M&A, risk management and corporate planning—culminating in the position of CFO. Prior to Infosys, Ranga worked at ICICI Ltd and executed responsibilities across corporate credit, treasury, equity portfolio management and corporate planning.
In 2017 and 2018, Ranga received the Best CFO Asia award from Institutional Investor magazine. Ranga holds a PGDM from IIM Ahmedabad, a master’s degree in technology from IIT Madras and a bachelor’s degree in engineering from the University of Mysore. He is a member of CPA, Australia.
Ranga currently serves as an Independent Director on the board of HDFC Bank, India’s largest private sector bank. He is on the board of IIM Bangalore, a leading business school in India.
Mihir Vora is Senior Director & Chief Investment Officer at Max Life Insurance. He is responsible for the investment strategy and all aspects of the company’s funds management function, leading a team of over 20 highly-qualified investment professionals.
A Mechanical Engineer, he holds a Post Graduate Diploma in Management from Indian Institute of Management, Lucknow and is also a certified Chartered Financial Analyst from the CFA Institute, USA.
Mihir has more than 25 years of experience across asset classes including equity, fixed income, real estate and alternate funds. He has a long and consistent track record and has consistently delivered superior fund performance in several leading mutual funds and has built high-performing investment teams in multiple organizations. He has managed large mutual funds, sovereign wealth funds across large-cap, mid-cap, sectoral and thematic mandates.
Previously Mihir was with Birla Sun Life Asset Management, as Chief Investment Officer – Offshore and before that he was with the Abu Dhabi Investment Authority. He has also worked with HSBC Global Asset Management and ABN AMRO Asset Management as Head -Equities. In the initial part of his career, Mihir worked with ICICI Prudential and SBI Funds Management as Fund Manager.
Mihir joined Max Life in 2014 and since then has been taking our funds to new heights. Mihir and his team handle over Rs. 1,00,000 Crores of assets under management.
Michael Liu is a Managing Director of Portfolio Advisors and serves as a voting member of the Fund’s Investment. Committee. Michael joined Portfolio Advisors in 2013 and primarily supports Portfolio Advisors’ Asian activities. Previously, he was a Vice President in the UOB Investment Management Division’s alternative investment fund-of-funds advisory business where he had worked with Portfolio Advisors since 2006 through a joint-venture. He joined UOB in July 2006 through the Management Associate program. Michael has served or is serving as an Advisory Board member of five private equity partnership. (B.S. from Nanyang Technological University).
Milind Joshi is a GIP India Partner and leads GIP India’s investments in Digital infrastructure, Airports and Midstream Energy. Milind has over 27 years of experience across operations and investments, principally in Transportation, Energy and Telecom sectors. Milind primarily focuses on originating and evaluating investments, managing the portfolio and evaluating exit opportunities in India. Milind is a member of the Investment Committee for the GIP India Funds and represents GIP India Funds on the boards of various portfolio companies.
Milind holds an M.B.A. from Indian Institute of Management, Kolkatta and a degree in Engineering from Indian Institute of Technology, Delhi.
I joined Multiples in May 2010 after a 10-year stint with Citibank in structured finance and debt capital markets. I felt excited to embark on a new learning journey with people I had known and respected for more than a decade, and nervous about living up to the confidence reposed in me to succeed in a business that I had never done before.
At Multiples, I focus on the financial services sector, corporate action-led situations and in creating a franchise for Multiples with top corporate houses in India. I have brought my strengths of structuring, execution and managing relationships to the fore in marquee transactions like PVR, IEX and Arvind Fashions and have been able to generate positive influence in my portfolio companies. I have explored a new dimension- understanding people, their motivations, and values- while working on developing our proprietary Leadership Energy Level Framework to analyze the DNA of entrepreneurs and management teams. I continue to learn every day on what it takes to identify, nurture and exit an investment successfully.
It is a matter of joy and pride to be part of building an institution with a lofty vision, collaborative win-win culture, and focus on delivering value to our investors and portfolio companies. Multiples have created a strong bond amongst the team by engaging with each member as a person and a professional, so much so that the families of the team members are its biggest votaries.
I enjoy spending time with my "almost a teenager" son and love reading - lately neurosciences and the origin of homo-sapiens have been holding my attention. I like the calm and beauty of nature and aspire to spend more time in its embrace. I spend a small portion of my time on weekends teaching Maths to disadvantaged children. On my long list of things I wish to do in the near future are learning Sanskrit and photography.
Nitin is the MD & CEO of Avendus Wealth Management. He has over two decades of rich experience in private banking, asset management and wealth management. His role and responsibility at Avendus include leading a team of high performing private bankers, product specialists, portfolio managers and strategic business functions to serve large UHNI clients, family offices and treasuries spread across India.
Nitin joined Avendus from Standard Chartered Bank where he was Managing Director & Head of the Wealth Management business. Prior to joining Standard Chartered, he spent 17 years with HSBC in a variety of roles, with his last role as the Global Head of Fund Strategy for HSBC Private Bank, based in London. Nitin holds an MBA degree from IIM, Bangalore and is a graduate in Economics from Delhi University.
Neha Grover is currently Regional Lead of IFC’s South Asia Funds group where she is responsible for identifying and investing into PE Funds, managing the current PE portfolio and focusing on co-investments. She serves on Advisory Boards of 6 (six) PE Funds.
Her professional and personal investing experience spans across private and public markets and across diverse industries with specific focus on Consumer, Healthcare, Financial services, Manufacturing and Education sectors.
Prior to IFC, she has worked across 2 complete fund cycles at Baring India for over 12 years. She was Principal and India CFO at Baring Private Equity Partners India – a leading emerging markets private equity group with over USD 14 billion under management.
Neha features as one of the top 100 women in finance in India (AIWMI 2019 list). She is an all-India rank-holding Chartered Accountant, a Company Secretary, and an MBA from the Indian Institute of Management (IIM), Lucknow (Ranked top 5).
Padmanabh (Paddy) is a veteran of the Indian investing ecosystem with a proven track record of building out leading institutions and businesses in India. He has over 25 years of work experience, primarily in private equity investments since 2002, and also as an early tech entrepreneur in India. His investment experience spans across sectors including consumer, industrial, technology, business services, and financial services. He joined NIIF in 2021 as Executive Director and CIO and is based in Mumbai. At NIIF, he manages the private equity business and the Strategic Opportunities Fund, presently the largest India-focused growth oriented private equity fund.
Prior to joining NIIF, he was with Tata Group’s flagship private equity fund, the Tata Opportunities Fund, as its Managing Partner and co-founder. He was instrumental in raising the fund successfully in 2013 at ~USD 600 million with investments from marquee global investors, making it the then largest India focused PE fund.
Paddy was the Managing Director – India for Temasek where he co-founded and co-led the India office during its successful build-out phase in India. In his stint with Temasek from 2004 onwards Paddy consummated several investments in India, and additionally led large international projects, including Temasek’s entry into life insurance investments globally.
Padmanabh was an early tech entrepreneur in India and was one of the founding members of eGurucool.com, an Ed-tech business focused on online and hybrid Test prep for Grade 9-12. Paddy started his professional career journey with a JP Morgan-ICICI investment banking joint venture in 1995.
Padmanabh holds a Bachelor in Engineering degree in Computer Science from BITS, Pilani, and is an MBA from IIM, Calcutta. He completed an Executive Development Course in Late Stage Private Equity from Harvard Business School in 2003.
Sh. Pawan Kumar is an IRS Officer of 1990 Batch and passed M.Com from Shri Ram College of Commerce. He holds an M.Phil in the area of Accounting and Finance from Department of Commerce, Delhi School of Economics. He is a Fellow Member of Institute of Cost & Works Accountants of India. He joined Income-Tax Department as Assistant Commissioner of Income-Tax in Delhi.
He worked as a Director from 2002-08 on deputation to the Ministry of Corporate Affairs. He was closely involved in the setting up of Serious Fraud Investigation Office, execution of MCA-21 program and also on setting up of National Foundation for Corporate Governance. In the period 2009-12, He joined as Director (Tax Policy) in the Department of Revenue, Ministry of Finance. He was also a member of an international expert group constituted by UNCITRAL for working on Indicators of International Commercial Frauds.
He worked as a Commissioner of Income Tax in Punjab, Himachal Pradesh and Rajasthan dealing with corporate and non-corporate appellate matters. He had been appointed as a member of the Committee constituted by the CBDT for drafting Tax Accounting Standards. He has also been a member of Committee on Income Computation & Disclosure Standards-MAT issues.
He worked as an Executive Director in IBBI and looking after the work relating to registration, monitoring and inspection of service providers in the IBC ecosystem consisting of insolvency professionals, registered valuers, insolvency professional agencies, registered valuer organizations and information utility.
Presently, he is working as a Deputy Managing Director in India Infrastructure Finance Company Limited looking after Credit Appraisal, Risk Assessment, Price Structuring, Policy Formation, Risk Containment, Portfolio Management, Finance and all other work related to the functioning of IIFCL and its subsidiaries.
Praneet Garg is a Managing Director in Asia Alternatives’ Hong Kong office. Mr. Garg is on the Firm’s Investment Committee. Mr. Garg co-leads Asia Alternatives’ investments in India and Southeast Asia, and is primarily responsible for deal sourcing, due diligence, deal execution and portfolio management of private equity fund investments and direct co-investments in these geographies. Mr. Garg also co-leads the Firm’s Special Situations and Secondaries efforts across Asia and leads Asia Alternatives' market research function.
Prior to joining Asia Alternatives, Mr. Garg had over five years of consulting and research experience with the Private Equity Practice at McKinsey & Company in the Delhi and London offices. He worked with McKinsey Private Equity client teams on issues of Private Equity strategy, organization, performance and due diligence. He also led the Private Equity research team and authored several market research pieces on Asia Private Equity and other related topics.
Mr. Garg holds a Bachelor of Commerce degree and an M.B.A. from Mumbai University. Mr. Garg is fluent in Hindi, Punjabi and English.
Mr. Garg currently serves on the Advisory Boards of several of Asia Alternatives' Indian and Indonesian funds.
Mr. Puneet Nanda is Managing Director and CEO of ICICI Venture Funds Management Company Limited with responsibility and oversight of all verticals across its diversified alternative asset management platform. Mr. Nanda joined ICICI Venture in June 2020. Prior to joining ICICI Venture, Mr. Nanda served as Deputy Managing Director of ICICI Prudential Life Insurance Company Limited, one of India’s largest life insurance companies with an AUM of over USD 20 billion as of March 31, 2020. Mr. Nanda served on the Board of ICICI Prudential Life Insurance from August 2010 until June 2020. He joined the company at its start-up stage in January 2001 to head the Investments function. During his 19+ years at the company, he was responsible for initially building and thereafter nurturing the high quality investments program of the company across asset classes including public and private equity, public and private debt, real estate and strategic investments. Subsequently, since 2010, his role was expanded to include oversight of other business functions of the company. He has also served on the Board of ICICI Prudential Pension Funds Management Company as its Non-Executive Director between 2009 and June 2020. An engineer-MBA by qualification, his experience spans around 28 years in financial services having worked in ICICI Securities and J.P. Morgan earlier.
Pushkar Kulkarni is an Electronics Engineer from VJTI with an MBA from JBIMS, Mumbai. Before joining CPPIB, Pushkar served as the Managing Director of Serco in India with a board position. Prior to Serco Pushkar worked for 12+ years as the CEO of an Infrastructure Technology company, Efkon the Indian subsidiary of Strabag, a European Construction & Infrastructure conglomerate. He has represented India at the International Standards Org (ISO) on several technical committees responsible for communication standards in road & transport infrastructure.
Pushkar has over 2 decades of experience in Infrastructure covering Technology to Operations and Investing. He has led several M&A transactions across his assignments as also worked on several marquee Infrastructure projects including:
1. Bandra – Worli Sea Link
2. Yamuna Expressway
3. Nationwide FastTag system
Pushkar founded the CPP Investments Infrastructure practice back in 2015 and since has led several investments including:
4. IDPL JV with Larsen & Toubro
5. IndInfravit IPO, India’s first Private Listed InvIT
6. PGCIL InvIT IPO
7. NHAI InvIT IPO
Dr Ruchi Dana is a qualified medical practitioner, who has transitioned successfully into a seasoned entrepreneur and Business Leader. Ruchi did her MD from AMU and her full-time MBA from Stanford University. Ruchi also received her PMP Certificate in Public Management and Social Innovation from Stanford University. Ruchi is a frequent speaker at various industry conferences and sits on multiple Corporate, startup, non-profits and University boards including Dana Group of Companies, Dubai, Duluth Medical Technologies Inc, USA, NGO Aaroogya Foundation, India and the California State University, Chico Cybersecurity Advisory Board. Ruchi has been recognized by Forbes Middle East as the “Next Generation Business Leader, Arab World” for 3 consecutive years 2017, 2018 and 2019. She has also been recognized by Campden Wealth as the “Women to Watch ” in September’18 issue, and was conferred with the YuvaRatna Award, 2018. Ruchi has also been recognized as “Top 75 Family Business Leaders” 2019 by Campden Research (UK). Recently, Dr Ruchi was featured on the Forbes ME Top Power Businesswomen 2020.
Dr Ruchi is actively involved in strategic planning for Dana Group and manages its investments in Healthcare and Digital innovation. Ruchi has also worked with Golden Seeds, an investment firm in New York and New Silk Route Growth Capital, a PE firm in Dubai, she has focused on healthcare related investments at both these firms.
Radhika is a results-oriented financial-market professional with over 20 years of profit-responsible experience, primarily in New York. Ms. Rajan has focused on India as an investment destination since 1999, when she became the New York based Executive Vice-President of Mphasis, an Indo-US IT services startup, which is now a leading IT services company.
Prior to joining DSP, she advised TCG and several other private equity groups on various companies and proposed investments in the US-India corridor. Prior to 1999, Ms. Rajan worked as a global-macro proprietary trader at JP Morgan (formerly Chemical Bank), Itochu, UBS, Bank of America and Bank of Montreal.
Radhika Rajan graduated from the Indian Institute of Technology, Bombay and also holds an MBA equivalent degree from India’s top-ranked business school, the Indian Institute of Management Ahmedabad. She was a National Science Talent scholar through her undergraduate and graduate years. Ms. Rajan is an invited author of “The Global Internet Economy,” a book published by MIT Press in 2003. She is an Executive Board Member of TIE Tristate, the New York based chapter of TIE.
Raghubir advises numerous corporates, sovereign wealth funds and private equity funds, MNCs, and strategic corporate clients on a variety of domestic and cross-border transactions. He has also represented clients in a large number of complex public M&A acquisitions for listed Indian companies.
Raghubir actively represents large corporate clients such as the National Stock Exchange, One97 Communications Limited, Walmart, Flipkart, Vodafone, Sembcorp, and blue-chip PE and SWF clients such as Blackstone, KKR, the Canada Pension Plan Investment Board, General Atlantic, GIC, Temasek, ADIA, Vista Equity Partners, Silver Lake Capital, and the National Investment and Infrastructure Fund.
Prior to joining Shardul Amarchand Mangaldas & Co., Raghubir has worked with White & Case LLP, in London and Singapore, for five years.
Sanjay Mehta is the Founder Partner at 100X.VC. He has invested in over 100+ startups in India and US through his family office Mehta Ventures. Few of the portfolio companies are Block.One, Box8, LogiNext, Consure Medical Devices, RepUp, Wow Momo - Exited Oyo Rooms, Faballey, Unbxd, Instasafe, Talview, 47Line, Allizhealth.
themes in India such as women becoming more empowered as consumers. Shivani has over 19 years of global private equity experience in the US and in India at top funds including GE Equity, Lightyear Capital and IDFC Private Equity. Shivani has helped shape strategy at market leading companies through board-level involvement and has been instrumental in generating stellar returns for her investors. Shivani has previously served on the boards of HealthCare Global and Gokaldas Intimatewear, and currently serves on the boards of Brinton Pharmaceuticals and Seclore Technology. She is also an Independent Director at Emaar India, one of the largest real estate developers in India with assets in the country of over $3 billion, 5,000 acres of land, and 30 active projects; and at HIKAL Limited, a highly innovative company working across the life science value chain with over 2300 employees and market cap of over $943 million. Shivani has received accolades and recognition for being one of the top women leaders in Finance in India. Shivani received an MBA from the Wharton School, University of Pennsylvania and a B.A. in Economics from Mount Holyoke College (Phi-Beta-Kappa, Magna Cum Laude, Sarah Williston Scholar).
Shivani Bhasin Sachdeva is the Founder and Chief Executive Officer of India Alternatives Investment Advisors (“India Alternatives”). India Alternatives is a top performing mid-market private equity firm that backs unlisted companies that are the beneficiaries of transformational themes such as: women becoming more empowered as consumers; millennials driving a paradigm shift in consumption; technology reinventing financial services; and an increased focus on health and wellness.
The Fund has made marquee investments including: TransUnion CIBIL – India’s dominant credit information bureau; NSDL – India’s largest depository; Brinton Pharmaceuticals – India’s fastest growing dermatology focused pharmaceutical company; Gokaldas Intimatewear (‘Enamor’) - a market leader in the women’s premium lingerie space and Seclore Technology - a rapidly growing cyber security company.
Prior to founding India Alternatives, Shivani was a key member of senior management at IDFC Private Equity where she was responsible for deal sourcing, execution and monitoring companies across various sectors including domestic consumption, healthcare and hospitality. Some of her notable investments at IDFC Private Equity include HealthCare Global Enterprises, a company focused on providing best in class oncology care on a pan India basis and Vodafone Essar, a leading telecommunications company.
Shivani previously worked with Lightyear Capital, a private equity fund based in New York, where she made lifecycle investments across sectors including education and financial services. Prior to that, Shivani had successful stints in the US at the private equity arm of General Electric and the investment banking division of Credit Suisse First Boston.
Shivani has been an active member on the boards of all her portfolio companies where she has been instrumental in guiding management teams and shaping strategy. Shivani has served on the boards of HealthCare Global and Gokaldas Intimatewear, and currently serves on the boards of Brinton Pharmaceuticals and Seclore Technology.
Shivani is also an Independent Director at Emaar India, one of the largest real estate developers in India with assets in the country of over $3 billion, 5,000 acres of land, and 30 active projects; and at HIKAL Limited, a highly innovative company working across the life science value chain with over 2300 employees and market cap of over $943 million.
Shivani is a frequent speaker at domestic and international conferences on private equity including the SuperReturn, Europe and Singapore; Indian Venture Capital Association and AVCJ, Hong Kong and India.
Shivani has won an award for the top 25 women leaders in Finance by AIWMI (Association of International Wealth Management of India) as part of India’s Top 100 Women in Finance campaign. This campaign was designed to identify the most successful and respected women professionals in finance who are talented, resilient, ethical, strong and have grit.
Shivani received an MBA from the Wharton School, University of Pennsylvania, and a BA in Economics from Mount Holyoke College (Phi-Beta-Kappa, Magna Cum Laude, Sarah Williston Scholar).
Siddarth Pai is the Founding Partner, CFO and ESG Officer of 3one4 Capital, an early-stage Venture Capital Fund house based in Bangalore with cumulative assets under management of over $300M exclusively in Indian AIFs. Two of their funds have been named as the top performing Indian VC funds by Preqin. Some notable investments include Licious, Koo, Darwinbox, Open, amongst others.
Siddarth is the youngest Executive Council member of the IVCA (Indian Venture Capital Association) – the apex body for Indian funds investing into alternative assets and serves as the co-chair of the Regulatory Affairs committee, working on matters related to security markets, alternative investment funds, taxation, foreign
exchange, law and startups.
He is an expert policy member of ISPIRT, the Indian Software Product Industry Round Table, a Bangalore based think-tank and is part of the startup councils of CII and AIMA. Siddarth completed his BCom from St Joseph’s College of Commerce Bangalore and is a qualified Chartered Accountant.
With an experience of over 18 years across banking - Retail, Commercial & Investment Banking, Skanda Jayaraman is leading the QapMatch initiative by Qapita as the CEO - Qapita Marketplace. Skanda's experience in banking spans across PE, M&A and ECM transactions and under his leadership Spark Capital became a recognised pan-India franchise and a leader in multiple sectors. With 6+ years of experience as CEO of investment banking, Skanda has also played an advisory role for founders and investors leading to transactions worth over $1 Billion.
Subeer has been an active venture investor in India for over 11 years. He has been with Mayfield India since 2010 and has worked on investments across the fintech, SaaS, agriculture & food, consumer, education, logistics, and technology verticals.
Prior to joining Mayfield India, Subeer was with HSBC InvestDirect’s Non-banking Finance Company where he worked on various debt transactions. Before HSBC InvestDirect, Subeer was with IL&FS Investmart as part of the equity capital markets investment banking team.
Subeer has received a Bachelor’s degree with a Major in Finance and Minor in Economics from the University of Windsor, Canada.
Sunil specializes in fund selection, due diligence, negotiations, and monitoring of Asian investments ex?China, specifically in India, Australia, Japan, Southeast Asia, and Korea. He also actively participates in all fund investment decisions and is involved in the sourcing, screening, execution, monitoring, and exiting of growth and buyout co?investments.
Prior to joining Adams Street, Sunil worked for Standard Chartered Bank in Singapore performing financial and business analyses of local and regional companies. Previously, Sunil worked in India as an Investment and Strategy Associate in Tacogroup, the automotive technology and engineering investment arm of the Tata Group of India, where he worked on business planning, feasibility studies, and localization plans for new ventures.
Sunil manages relationships with several of Adams Street’s managers and sits on advisory boards of more than a dozen private equity firms within the Adams Street Partners portfolio. He is currently Vice?Chairman of the Singapore Venture Capital and Private Equity Association (SVCA) and has been a member of the SVCA Board since 2016.
Sunil is a member of Adams Street’s Environmental, Social, and Governance (ESG) Committee.
Tinaz K. Mistry is currently serving as an Investment Manager for the Mistry Family Office. She has an undergrad in Business Studies from Cox School of Business, SMU, Dallas, Texas and an MSc in Public Policy from London School of Economics. She was part of the Marketing team at the erstwhile DSP BlackRock (now DSP Investment Managers), followed by a stint as a legislative assistant to industry veteran, Dr. Ashok Ganguly, in his capacity as a Member of Parliament. Her interest in public policy led to a role at IDFC Institute, a leading non-profit think-tank based out of Mumbai. She played a significant role in building the Institute and led several research projects in her four year stint. In her current role at the family office, she hopes to diversify the pool of assets and take a large exposure in the venture capital space.
Vishal Mahadevia is a Managing Director, Head of India and member of the Executive Management Group at Warburg Pincus. Prior to joining Warburg Pincus in 2006, he worked with Private Equity funds, Greenbriar Equity Group and Three Cities Research. He also worked as a Consultant with McKinsey & Company. Mr. Mahadevia is also a Director of IDFC First Bank Limited and Apollo Tyres Limited. He serves on the Executive Committee of the Indian Venture and Alternate Capital Association, The International Advisory Board of Center for the Advanced Study of India and the India Regional Board of Room to Read. He received a B.S. in Economics with a concentration in Finance and a B.S. in Electrical Engineering from the University of Pennsylvania.
ICICI Venture is one of India’s oldest, largest and most diversified alternative asset managers with a historical AUM/AUA of about USD5billion across four verticals: Private Equity (including Venture Capital) Real Estate, Infrastructure and Special Situations. ICICI Venture transformed itself from one of India’s largest VC players in the 1990s to its current status as one of India’s most diversified alternative asset managers and one of the largest homegrown players in this space. ICICI Venture has won various industry awards including Newscorp VC Circle’s “Hall of Fame – Indian Fund Manager of the Year” in 2018 and “Special Situations Firm of the Year” in 2019. ICICI Venture is a wholly owned subsidiary of ICICI Bank Limited.
Avendus Wealth: Where Trust Meets Expertise and Innovation
Avendus Wealth Management (AWM) is a market leading wealth management platform, offering products and advisory across asset classes, family office services and wealth lending solutions.
With a legacy of over a decade, AWM has built a firm foundation based on the tenets of high-quality products, differentiated solutions and strong governance platforms to deliver bespoke solutions to our clients.
With a holistic approach that is insights-based, and expertise driven, we are today a fast-growing advisory platform overseeing USD 5.4 billion in AUM, and a trusted advisor to more than 1,700 UHNW families and corporate treasuries.
From being market leaders in distributing and advising on alternatives investments in India, to curating customized solutions by leveraging on our group level strengths across Investment Banking, Asset Management and Lending capabilities, we keep our client’s goal at the heart of all our actions.
In our constant quest for excellence to serve our clients, we continue to invest and innovate and be ahead of the curve, bringing well researched investment solutions and advisory, across equity, debt and alternate products, through a seasoned team of specialists with combined experience of ~250+ years.
Stride Ventures, a leading venture debt fund, has become synonymous with innovative startup financing in India. The firm has always characterized itself as a fund that has the ability to constantly adapt and evolve and bring forth novel solutions to the venture ecosystem. This is deeply rooted in the partner-centric approach that the company has adopted since its inception.
Stride provides comprehensive solutions, going beyond venture debt, to cater to the distinctive challenges faced by high-growth and inherently strong businesses, backed by leading VCs. It’s institutionalised processes have ensured zero delays or delinquencies till date and Stride has been the most active lender in the Indian startup ecosystem.
In May’21, Stride launched its second fund with a target corpus of INR 1,000 Cr (with a greenshoe option of INR 875 Cr) and within 45 days, they announced the first close of the second fund at INR 550 Crore.
The firm boasts of a well-diversified portfolio sanctioning over INR 1300 Crore in 56+ companies across Consumer, FinTech, Logistics, AgriTech, B2B Commerce, HealthTech, B2B SaaS, mobility & energy solutions (EV).
In just over two years, Stride Ventures has emerged as the preferred venture debt lender, attracting the best new age companies across sectors and has cemented its position in the VC fraternity and the founder community as a distinguished and critical lender in the ecosystem.
Qapita is a leading equity management solution for startups and funds. Based out of Singapore and India, Qapita offers a secure, cloud-based solution that helps startups manage their Cap Tables, ESOPs and offer liquidity solutions to their shareholders. Qapita helps founders and investors to manag?e their equity ownership record as the single source of truth aiding diligence, sharing with stakeholders, and running complex scenario models.
Recently Qapita also launched a Marketplace solution led by seasoned I-Banker, Skanda Jayaraman to provide digital match-making platform for private company securities. The marketplace provides structured liquidity solutions for startups to unlock value of ESOP holders and other shareholders by matching them to potential buyers such as Family Offices, HNIs and Private Wealth investment firms through an end-end, digital workflow tool.
Qapita is Series-A funded and backed by many marquee institutional and angel investors including Citibank, Vulcan Capital, Endiya Partners, Mass Mutual Ventures, East Ventures, NYCA and several super angels.
Mayfield is a global venture capital firm with over 50 years of successful track record and $2.2 billion under management. Since its founding in 1969, the firm has invested in more than 500 companies resulting in 119 IPOs and more than 200 M&As. Mayfield India is a technology focused fund that primarily invests in early stage companies, both enterprise and consumer focused on the India geography. We are guided by our ‘People First’ philosophy and our investment team operates from a shared set of beliefs and partners for the long term with entrepreneurs disrupting large markets. Some of the marquee investments in India include Licious, Lendingkart, Eatclub, LEAP, Amagi, Simplilearn and Knowlarity among others. For more information, visit https://www.mayfield.com/mayfield-india/
Shardul Amarchand Mangaldas & Co, founded on a century of legal achievement, is one of India’s leading full-service law firms. Our mission is to enable business by providing solutions as trusted advisors through excellence, responsiveness, innovation, and collaboration.
We are one of India’s most well recognised firms and are known globally for our integrated approach. Our 739 lawyers including 141 partners provide exceptional services across practice areas which include General Corporate, Merger & Acquisition, Private Equity, Banking & Finance, Insolvency & Bankruptcy, Competition Law, Dispute Resolution, Projects & Project Finance, Capital Markets, Tax, Intellectual Property and Venture Capital. Our market leading position is reflected by the Chambers & Partners Asia Pacific and Global rankings for 2021, which features SAM & Co with the highest number of Band 1 Practices, Band Ranked Lawyers amongst Indian law Firms.
We are at the forefront of global and Indian M&A and private equity transactions, cutting-edge high-risk litigation and advice on strategically important matters across a spectrum of practices and industries for our multi-jurisdictional clients.
We have a pan India presence, with offices in seven cities across India - New Delhi, Mumbai, Gurugram, Bengaluru, Chennai, Ahmedabad and Kolkata.
Areas of Practice
General Corporate, Banking & Finance, Insolvency & Bankruptcy, Competition Law, Dispute Resolution,
Projects and Project Finance, Capital Markets, Tax and Intellectual Property Rights.
FidelisWorld is growth focused Private Equity investment firm backing emerging, Indian companies. Since its inception in 2013, FidelisWorld has been helping unique Indian companies expand domestically and diversify revenues internationally. FidelisWorld’s first fund was invested across several companies including the likes of Wildcraft, Sportz Interactive and Technology Frontiers.
Oman India Joint Investment Fund Management Company Private Limited (“OIJIF-MC”) manages Private Equity Funds focused on investing in the mid-market segment in India. Over the last 10+ years, OIJIF-MC has invested in 18 companies with an overall AUM of ~US$330mn. The Team at OIJIF-MC comprises seasoned private equity professionals who have a full cycle track record of investing, hand-holding, and divesting. OIJIF-MC is backed by two large sponsors – Oman Investment Authority and State Bank of India.
OIJIF-MC focuses on growth capital investments and has a portfolio of category-leading companies across various industry segments. Its portfolio companies are amongst the leaders in their niche, with attractive growth and profitability parameters. OIJIF-MC builds close working relationships with its portfolio companies and their management and seeks to work collaboratively in order to ensure value creation as well as strategic and operational value add to the business. OIJIF-MC team actively participates in key decisions aimed at ensuring healthy growth, sustainable management and environmental practices and creating a culture of strong corporate governance. OIJIF-MC is currently investing from Fund II and follows a bottoms-up approach to investing.
LinkedIn profile: https://www.linkedin.com/company/oman-india-joint-investment-fund---management-company-private-limited/
PE Front Office is the only comprehensive and integrated suite of products that has been developed with a focus on the front and middle office processes for alternative investment management – Private Credit/Debt, Private Equity, Venture Capital, Fund of Funds, Real Estate Funds, Limited Partners, and Fund Admins.
PE Front Office’s state-of-the-art yet affordable solutions include Deal Flow, Investment Management (that supports both Equity and Debt), Portfolio Monitoring, Fundraising, Investor Management, Fund Administration, and Investor Portal. This is further augmented by CRM, Document Management, Risk and Compliance Management, Reports and Analytics, Outlook and Gmail Integration, DocuSign Integration and Mobile App.
PE Front Office solutions are configured to suit specific requirements of the customers. These solutions drive efficiency and transparency and help investment professionals make highly informed decisions. Currently, PE Front Office is servicing 85+ customers across 12 countries including USA, Canada, UK, Italy, The Netherlands, Malta, South Africa, Nigeria, Kenya, Singapore, Hong Kong and India.
Founded in 2013 LetsVenture is India's largest platform for early-stage investing and fundraising. LetsVenture is organizing India’s private market by making the process of fundraising easy, efficient and transparent for both startups and investors and bringing value-added products to the market. In the last 9 years, over 400 startups have raised $400mn across 527+ rounds with a total portfolio value of $3 billion and the platform has 10000+ Angel Investors from 60 countries and 100 Micro VC Funds. LetsVenture is backed by Accel, Chiratae Ventures, Nandan Nilekani, Ratan Tata, Rishad Premji, Mohandas Pai, Sharad Sharma, Anupam Mittal. LetsVenture has partnered with MeitY Startup to accelerate the growth of the startup ecosystem in India.
VCC Events opens up the avenues for participation. Join hands to be a part of India’s largest gathering of alternative investments leaders, industry stakeholders and Asia’s influential limited partners, general partners and marquee advisors. Your chance to actively participate and augment yourself as thought leaders.
Drop us a line and we will call you.
