Bay Capital Partners Ltd is a private equity firm founded in 2006 and based in Ebene, Mauritius. The firm specializes in buyouts and makes investments across various asset classes, including publicly traded equities and fixed income. Bay Capital takes an opportunistic and sector-agnostic approach, typically preferring to acquire majority stakes in small to medium-sized enterprises. The firm actively seeks investment opportunities that benefit from the growth of the Indian economy, while also expanding its reach to other promising markets. Its investment strategy is driven by a relationship-oriented approach, leveraging a vast network of global connections to identify and execute deal-by-deal investments. The management team is supported by a highly experienced board that provides strategic insights, fostering long-term partnerships with investors and portfolio companies to create value for all stakeholders.
Lenskart is an online optical store in India that offers a wide range of eyewear, including prescription glasses, branded contact lenses, and sunglasses. Customers can choose from over 500 designs of eyeglass frames at prices starting from Rs. 399 to Rs. 4,000. The platform simplifies the purchasing process by allowing users to select a frame, input their prescription, and place an order for home delivery, which is guaranteed within 48 hours. Lenskart also features a comprehensive selection of contact lenses from top brands, including disposable, toric, colored, and bifocal options. The company aims to provide a convenient shopping experience with a 365-day return policy, ensuring customers receive their prescribed lenses at competitive prices delivered directly to their door.
ixigo
Series C in 2021
ixigo is an intelligent, AI-based travel app with over 150 million users. ixigo allows Indian travelers to organize, book, and track trips from 120+ travel suppliers and OTAs across flights, trains, hotels, buses and cabs. ixigo’s vision is to empower travelers with trustworthy and personalized travel recommendations. ixigo is the fastest growing and most trusted travel app in the market. ixigo trains app has become the world’s 6th most downloaded travel app on the Google Play store as per analytics platform SensorTower’s 2018 report. It is also the 2nd most downloaded travel app in India. The company has played a pioneering role in launching innovative products in the travel space driven by AI, Voice, and ML. Over the past few years, ixigo has won an impressive string of awards and accolades including the Phocuswright people's choice award for their multi-lingual AI-driven voice-based travel assistant - TARA, and the best UI/UX award for ixigo flights app at Google India App Summit in 2018.
PolicyBazaar
Secondary Market in 2021
PolicyBazaar Insurance Brokers Private Limited is an online platform based in Gurugram, India, specializing in insurance services. Founded in 2014, the company offers a wide range of insurance products, including life, health, car, two-wheeler, travel, and home insurance. The platform features a comparison portal and mobile application that allow users to compare different insurance plans based on coverage, premiums, benefits, and exclusions. This enables consumers to make informed decisions about their insurance needs. Additionally, PolicyBazaar provides tools and calculators for users to estimate their insurance requirements and premiums. The company primarily generates revenue from its insurance brokerage services, while also aiming to enhance financial awareness in India regarding the implications of death, disease, and damage.
SAMCO Securities
Series B in 2018
SAMCO Securities Limited is an online brokerage firm based in Mumbai, India, offering comprehensive trading services in stocks, commodities, currencies, exchange-traded funds, bonds, and non-convertible debentures listed on Indian exchanges. Founded in 1993 and previously known as Samruddhi Stock Brokers Limited, the company aims to simplify trading and investing for its clients by providing advanced trading platforms that leverage artificial intelligence and analytics for better decision-making. SAMCO is committed to addressing challenges in the trading industry by offering unique margin products at affordable costs, thereby promoting low-cost access to capital markets for all Indians. SAMCO Securities operates as a subsidiary of Samruddhi Finstock Pvt Ltd.
WorldAPP
Private Equity Round in 2017
WorldAPP Inc. is global leader in data collection and business process optimization software. Whether it’s streamlining data capture, automating form-driven operations, or dramatically improving data analysis, WorldAPP delivers unique cloud-based solutions configured to your specific enterprise needs. Founded on the need for software to be flexible and modular, WorldAPP has become a strategic technology partner trusted by businesses and large corporations around the world.
SiteOne Therapeutics
Series A in 2014
SiteOne Therapeutics is a San Francisco-based company focused on developing innovative therapeutics and diagnostics for the treatment of acute and chronic pain. The company aims to address the limitations of existing pain management therapies, such as non-steroidal anti-inflammatory drugs (NSAIDs) and opioids, by creating safer and more effective alternatives. Their lead candidates are highly selective inhibitors of the voltage-gated sodium ion channel Naᵥ1.7, which is crucial in the generation and conduction of pain signals. By targeting this channel, SiteOne Therapeutics seeks to provide healthcare professionals with advanced treatment options for neuropathic pain, ultimately improving patient outcomes and efficiency in pain management.
AntFarm
Series A in 2014
AntFarm identifies business opportunities with the potential to disrupt markets, leveraging years of expertise, resources, and experience to grow successful companies through collaboration and knowledge sharing. AntFarm’s framework has been built to accelerate early-stage company building with an intensive hands-on approach backed by an experienced team with deep knowledge of building leading consumer verticals.
WorldAPP
Debt Financing in 2014
WorldAPP Inc. is global leader in data collection and business process optimization software. Whether it’s streamlining data capture, automating form-driven operations, or dramatically improving data analysis, WorldAPP delivers unique cloud-based solutions configured to your specific enterprise needs. Founded on the need for software to be flexible and modular, WorldAPP has become a strategic technology partner trusted by businesses and large corporations around the world.
V12 Data
Private Equity Round in 2014
V12 Data is a comprehensive data management and business intelligence company that specializes in providing integrated omnichannel data solutions across various industries, including automotive, retail, restaurants, travel, and finance. By leveraging a combination of rich data assets and advanced technology, V12 Data enables brands to achieve a unified view of their customers, facilitating personalized marketing efforts across multiple channels. The company offers a range of data quality software solutions that assist organizations in identifying, cleansing, standardizing, and analyzing customer information. Their platform supports the creation of centralized marketing data repositories, allowing businesses to effectively manage customer records and execute targeted marketing campaigns. Additionally, V12 Data's services empower clients to perform intelligent analyses of their data, enabling segmentation and optimization of marketing strategies to enhance revenue and maximize the return on investment.
InterAct Public Safety Systems
Debt Financing in 2013
Interact Public Safety is a prominent provider of incident response and management software designed to enhance the effectiveness of public safety professionals. Founded in 1975, the company specializes in integrated technology solutions for public safety, corporate security, and homeland security that facilitate coordination and communication among first responders. Interact’s software supports various agencies, including city, county, state, federal, and international organizations, by helping them improve response times and operational efficiency while adhering to tight budgets and evolving communication demands. With a client base of over 1,450 across 44 states and three continents, Interact offers a suite of services, including grant assistance, mapping, project management, and technical support. Their commitment to innovation and continuous development aims to address the growing need for interoperable communication among public and private safety entities. This dedication is reflected in their high client satisfaction and retention rates, underscoring their mission to enable effective decision-making and enhance public safety outcomes.
Intac International
Venture Round in 2012
Intac International, LLC, founded in 1988 and headquartered in Woburn, Massachusetts, specializes in providing software solutions for HVAC, plumbing, electrical, and field service contractors. The company is best known for its Wintac software, an all-in-one business management solution designed for field service, installation, and construction companies across various sectors, including commercial, residential, and industrial markets. Wintac streamlines operations by offering features such as scheduling, dispatching, work order management, customer and lead management, accounting, and inventory management. With a user base of over 8,000 companies and more than 60,000 users, Intac International has built a reputation for delivering high-quality software and support at competitive prices. The company is committed to continually enhancing its offerings, ensuring that its clients remain at the forefront of the industry.
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