The Goldman Sachs Group

The Goldman Sachs Group, Inc., established in 1869, is a global leader in investment banking, securities, and investment management. It operates in four primary segments: Investment Banking, Institutional Client Services, Investing & Lending, and Investment Management. The company provides a wide range of services, including financial advisory services for mergers and acquisitions, underwriting services for various securities, client execution services for fixed income, currencies, commodities, and equities, securities services, and wealth advisory services. It serves a diverse client base comprising corporations, financial institutions, governments, and high-net-worth individuals. Additionally, Goldman Sachs invests in a broad array of asset classes, including debt securities, equity securities, real estate, and private equity, demonstrating its commitment to driving growth and innovation across industries.

Vikas Agrawal

Managing Director and Head of Alternative Energy Investing

Philip Aldis

Partner

Andre Alfaro

Managing Director

Sara Beth Beckmeier

Vice President

Nigel Beslee

Managing Director

Justin Blake

Investment Manager

Alexander Blostein

Managing Director and Senior Analyst, Global Investment Research

Charles Bouckaert

Managing Director

Michael Brandmeyer

Global Co-Head and Co-Chief Investment Officer - External Investing Group

Beat Cabiallavetta

Partner

David Chou

Managing Director

David Cohen-Mintz

Managing Director

Samayita Das

Vice President

Adam Dawson

Managing Director

Brian DeCenzo

Managing Director, TMT / Internet Banking — Investment Banking Division

Joseph DiSabato

Managing Director, Enterprise Technology

Nicholas Dier

Vice President

Nicola Dondi

Managing Director

Dominique Dorlipo

Managing Director, France Country Head

Benjamin Ferguson

Managing Director, Co-Head of Japan and Head of Client and Business Management

Wolfgang Fink

CEO, Germany and Austria

Adam French

Vice President

Sebastien Gagnon

Managing Director

Wesley Garrett

Growth Equity Investor

Clare Greenan

Vice President, Financial Technology

Ashwin Gupta

Managing Director

Brendon Hardin

Vice President, Enterprise Technology

James Hayward

Managing Director of Growth Equity

Harold Hope III

Partner and Managing Director

Erdit Hoxha

Partner

Stephanie Hui

Partner

Graham Hurtt

Vice President, Technology and Services Investment Banking

Russ Hutchinson

COO of Global M&A

Gaurav Jaitly

Managing Director

Michael Kondoleon

Managing Director

Jason Kreuziger

Managing Director, Enterprise Technology

Simon Kubbies

Managing Director

Aaron Lamshed

Head of equity capital markets in Australia and New Zealand

Kirk A. Lepke

Managing Director

Alexander Lippert

Managing Director, Enterprise Technology

Cedric Lucas

Managing Director

Lyla Maduri

Managing Director

Jade Mandel

Vice President, Growth Equity

Joshua Matheus

Managing Director

Mathew McDermott

Managing Director

Masanori Mochida

President of Goldman Sachs Japan

Niladri Mukhopadhyay

Managing Director

Antoine Munfa

Managing Director, Healthcare Technology

Scott Myers

Managing Director

Harsh Nanda

Partner

Jason Nassof

Vice President

Richard Norton

Fund Manager, Managing Director and Head of France Private Equity

Paul Pate

Managing Director, Financial Technology

Ben Payne

Managing Director

Jeff Possick

Managing Director

Nikhil Reddy

Managing Director, Asset Management Division

Ben Reiber

Vice President

Michael Reilly

Vice President, Enterprise Technology

Josh Richardson

Managing Director

Max Ritter

Managing Director

Ronald Rolighed

Managing Director

Simon Rothery

CEO

Christian Von Schimmelmann

Managing Director, Global Co-Head Petershill Group, Co-Chairman GP Strategies Investment Committee

Brady Schuck

Managing Director

Peter Seccia

Managing Director

Greg Shell

Head Managing, Inclusive Growth Strategy Partner

Sarah Shenton

Vice President in the Merchant Banking Division

Andrew Sickinger

Vice President, M&A

Gavin Simms

Managing Director

Matt Singer

Vice President

Pankaj Soni

Managing Director

Rajat Sood

Managing Director

Stephen Branton Speak

Partner and Managing Director

John Stevenson

Vice President

Ram Sundaram

Partner

Alex Tishakov

Analyst, Investment Banking Division

Samuel Villegas

President and CEO of Goldman Sachs

Letitia Ferrier Webster

Managing Director, Chief Sustainability Officer, Merchant Banking Division

Kevin Xu

Managing Director, Asia Pacific Healthcare and Life Sciences Investing

Kaixun Zhang

Managing Director

Teresa Mattamouros

Managing Director, Asset and Wealth Management (Infrastructure Fund)

Tanner Mahoney

Vice President

Ben Fife

Vice President - GS Growth

Past deals in South Asia

PeopleStrong

Acquisition in 2025
PeopleStrong is a prominent HR Solutions and Technology Company based in India, serving over 175 clients and 500,000 users. The company aims to simplify work life through its integrated technology and services, primarily utilizing its on-demand product, PeopleStrong Alt. This platform is the result of extensive research and experience in managing HR functions for leading Indian organizations. PeopleStrong is recognized for its innovative approach, having launched India's first native HR application, which seeks to revolutionize the future of work in the HR sector. Its offerings encompass the entire employee lifecycle, including recruitment, talent management, collaboration, and payroll, allowing organizations to enhance collaboration and drive growth effectively.

BSE

Post in 2025
BSE Limited, established in 1875 and based in Mumbai, India, is Asia's first stock exchange and a significant player in the Indian capital markets. Formerly known as Bombay Stock Exchange Limited, it was renamed in July 2011. The company facilitates trading in various financial instruments, including equity, debt instruments, derivatives, and mutual funds, and serves as a platform for over 5,000 listed companies. BSE Limited also provides ancillary services such as risk management, clearing and settlement, market data dissemination, IT support, and educational programs for market participants. With a commitment to maintaining market integrity, BSE Limited is recognized for its innovative systems and processes, having achieved multiple international certifications for quality and security. The exchange has a broad shareholder base, including strategic partnerships with leading global exchanges, enhancing its operational capabilities and reach.

Navi Finserv

Debt Financing in 2024
Navi Finserv provide access to financial services to the rural poor in India.

Vedanta Resources

Post in 2024
Vedanta Resources Limited, a global diversified natural resources company, engages in the exploration, extraction, and processing of minerals and oil & gas. Headquartered in London, the company operates through seven segments: Zinc-India, Zinc-International, Oil & Gas, Iron Ore, Copper-India/Australia, Aluminium, and Power. Vedanta produces a range of metals including zinc, lead, silver, copper, aluminum, and iron ore, as well as oil & gas and power. It also engages in port and infrastructure operations, refining of precious metals, manufacture of various products, and accommodation and catering services. The company operates in India, South Africa, Namibia, Ireland, Australia, and other countries, with a significant presence in India. Vedanta is a subsidiary of Volcan Investments Limited and was founded in 1976.

CSB Bank

Post in 2024
CSB Bank Limited is a private sector bank in India, established in 1920 and headquartered in Thrissur, Kerala. It provides a wide range of banking products and services tailored for small and medium enterprises, retail customers, and non-resident Indians. The bank operates through four main segments: Treasury, Corporate/Wholesale Banking, Retail Banking, and Other Banking Operations. Its offerings include various deposit products such as current accounts, savings accounts, and term deposits, as well as an extensive array of loans, including personal, home, vehicle, and gold loans. CSB Bank also engages in investment activities, including trading in equity and fixed income securities, and provides financial services like money transfers, utility payments, and foreign exchange. With a network of approximately 411 branches and 300 ATMs across India, CSB Bank serves over 1 million customers, focusing on accessibility in both urban and rural areas.

CarTrade

Post in 2024
CarTrade is a prominent online automotive marketplace in India, facilitating the buying and selling of new and used vehicles. The company operates a multi-channel platform featuring several brands, including CarWale, BikeWale, and Shriram Automall. CarTrade connects various stakeholders in the automotive sector, such as vehicle buyers, sellers, dealers, and original equipment manufacturers (OEMs). Through a network that spans over 80 cities and involves more than 1,200 dealers, CarTrade conducts car auctions, empowering customers to find suitable vehicles at competitive prices. The platform also offers a range of services that support automotive transactions, including marketing, financing, and other related activities, enhancing the overall experience for its users.

STL

Post in 2024
Sterlite Technologies Limited is an Indian company that specializes in connectivity and network solutions for the telecom and power sectors. The company provides a diverse range of products, including integrated optical fibers, copper telecom cables, structured data cables, and various types of power transmission conductors. Additionally, Sterlite offers system integration solutions, operational support systems (OSS), business support systems (BSS), and bandwidth management services. Its business is organized into several segments, including Optical Networking, Global Services, and Digital and Technology Solutions. With a strong commitment to enhancing connectivity, Sterlite aims to connect homes worldwide and operates both domestically and in international markets, generating a significant portion of its revenue from these global operations.

Zomato

Post in 2023
Zomato is a global online platform that connects over 55 million users with restaurants across 24 countries. It offers a comprehensive restaurant guide, enabling users to discover, rate, and review eateries, as well as order meals for delivery or table reservations. The company also provides advertising and ingredient supply services to its restaurant partners.

Cello

Funding Round in 2023
Cello is a prominent Indian consumer products company known for its extensive range of plastic products, including writing instruments, household items, and molded furniture. As a part of the Cello Group, valued at Rs.1000 crore, it stands as one of India's largest manufacturers in this sector and has gained recognition as a trusted household name. Cello specializes in consumerware, offering products such as water bottles, storage containers, tiffins, and stationery items. With a commitment to innovation and quality, the company has been awarded the PLEXCONCIL AWARD for outstanding performance on multiple occasions. Cello primarily generates its revenue within India, reflecting its strong market presence and dedication to meeting consumer needs through advanced technology and continuous improvement.

One97 Communications

Post in 2023
One97 Communications Limited is a mobile payments services company based in Noida, India, founded in 2000. It operates under the Paytm brand, offering a comprehensive range of mobile content and commerce services. The company provides digital goods and services, including top-ups, ticket bookings, hotel reservations, music, videos, games, and other mobile content. Additionally, One97 Communications is a leading provider of payment solutions for e-commerce merchants, utilizing its RBI-approved semi-closed wallet. With a workforce of over 4,500 employees, the company has a wide geographical footprint, with regional offices in major Indian cities such as Mumbai, Bengaluru, Pune, Chennai, and Kolkata, as well as a global presence in Africa, Europe, the Middle East, and Southeast Asia.

Max Financial Services

Post in 2023
Max Financial Services, a subsidiary of the US $3.2 billion Max Group, operates as a holding company based in Noida, India. It manages a diverse portfolio, including packaging films, real estate, and business investments. Notably, it serves as the parent company of Max Life, actively managing a 72% stake in Max Life Insurance Co. Ltd, a joint venture with Mitsui Sumitomo Insurance. Max Financial Services' primary revenue driver is its life insurance segment.

ideaForge

Venture Round in 2023
IdeaForge specializes in designing, manufacturing, and servicing unmanned aerial systems (UAS), primarily focusing on usability and user-centric design. Based in India, it caters to diverse industries such as defense, surveillance, and infrastructure. The company generates revenue through the sale of its UAV systems and associated services, including maintenance and training. It is recognized as a market leader in the Indian UAS sector.

Zee Enterprises

Post in 2023
Zee Entertainment Enterprises Limited is a prominent media and entertainment company based in India, recognized as one of the largest producers and aggregators of Hindi programming globally. The company possesses an extensive library of over 100,000 hours of television content, alongside rights to more than 3,000 movie titles from leading studios and iconic film stars, making it the holder of the world's largest Hindi film library. Zee operates a diverse array of television channels in multiple languages and generates revenue through various streams, including advertising, subscriptions, theatrical releases, media content sales, transmission, and commissions. In addition to its broadcasting operations, Zee produces and distributes feature films, develops digital offerings, and organizes live entertainment events, primarily focusing its efforts and revenue generation in the Indian market.

Syngene International

Post in 2023
Syngene International is India's largest Contract Research Organization (CRO), specializing in integrated discovery and development services for new molecular entities, including small molecules, large molecules, and oligonucleotides. The company supports a wide range of industries, such as pharmaceuticals, biotechnology, agrochemicals, consumer health, animal health, cosmetics, and nutrition. Syngene provides comprehensive services that encompass the entire research and development process, from lead generation to clinical and commercial supplies. Operating primarily in India and the United States, Syngene generates a significant portion of its revenue from the U.S. market. Its offerings include oligonucleotide synthesis, bioinformatics, clinical development services, polymer research, and chemical development, among others.

Bikaji Foods International

Post in 2022
Bikaji Foods International Limited is a prominent manufacturer and seller of a diverse range of food products, specializing in traditional Indian snacks and sweets. Founded in 1987 and headquartered in Bikaner, India, with an additional office in Mumbai, the company offers an extensive product line that includes bhujia, namkeen, papad, packaged sweets, frozen snacks, and assorted gift packs. Bikaji Foods has successfully established an international presence, exporting its products to various markets, including Europe, North America, the Gulf countries, Australia, Japan, and Singapore. In addition to its food business, the company also operates Hotel Basant Vihar. With a focus on quality and authenticity, Bikaji has become a recognized FMCG brand both in India and abroad.

IndigoPaints

Post in 2022
Indigo Paints is one of the fastest-growing paint companies in India and in terms of revenue, it is the 5th largest company in the decorative paint industry. The company is engaged in manufacturing different types of decorative paints like enamels, emulsions, wood coatings, primers, distempers, putties, and cement paints.

MoEngage

Series E in 2022
MoEngage, Inc. is a technology company that provides a cloud-based user analytics and engagement platform aimed at enhancing customer retention and lifetime value for consumer businesses. Founded in 2014 and headquartered in San Francisco, California, the company serves various industries, including e-commerce, telecommunications, travel and hospitality, and banking and finance. MoEngage's platform enables businesses to deliver personalized interactions through multiple channels, such as push notifications, in-app messaging, web push, and SMS, all managed from a single dashboard. With a focus on machine learning, the platform optimizes customer engagement by analyzing user behavior and delivering tailored recommendations. MoEngage also has offices in several international locations, including Bengaluru, Singapore, London, Jakarta, Bangkok, Ho Chi Minh City, and Berlin.

Rapyuta Robotics

Series C in 2022
Rapyuta Robotics Co., Ltd. is a technology company founded in 2014 and based in Tokyo, Japan, with additional offices in Zurich, Switzerland, and India. The company specializes in developing cloud-connected multi-robotic systems primarily for security and inspection markets. Rapyuta Robotics offers a platform that enables businesses to deploy and manage various robotic solutions without requiring in-house expertise. By integrating robot hardware, software, sensor data, and applications in the cloud, the platform streamlines the management of robotic systems, allowing users to focus on their core business processes. This innovative approach leverages advanced control research and artificial intelligence technology to create a coordinated robotics ecosystem, reducing the complexity and risks associated with deploying and interfacing with robotic systems. With a workforce of about 90 employees, Rapyuta Robotics aims to make robotics more accessible and efficient for organizations across the globe.

SBI Life

Post in 2022
SBI Life Insurance, founded in 2000, is a prominent life insurance company based in India. It provides a variety of life insurance products designed to meet the diverse needs of individuals and groups. Its offerings include individual life insurance plans, retirement pensions, health protections, and savings plans. Notable products include Poorna Suraksha, Sampoorn Cancer Suraksha, eShield, and CapAssure Gold. The company operates through several segments, including Participating, Non-Participating, and Linked segments, with the Non-Participating segment being the primary source of revenue. This segment encompasses endowment products, variable insurance plans, immediate annuity products, and group protection products, catering to a wide range of customer requirements in life, health, and micro-insurance.

ElasticRun

Series E in 2022
ElasticRun is a logistics and distribution platform that focuses on connecting businesses with underserved consumers, particularly in rural areas. It serves as an extension of the direct distribution networks for fast-moving consumer goods (FMCG) companies, enabling them to access a new customer base in locations that are often overlooked. By leveraging its extensive network of rural Kirana stores, ElasticRun assists eCommerce companies in reaching customers in remote regions. Additionally, the platform facilitates connections between banks, financial institutions, and small to medium-sized enterprises (SMEs) in these areas. Through the data generated from its operations, ElasticRun helps clients refine their marketing strategies and optimize their distribution efforts, ultimately enhancing the efficiency of reaching customers in underserved markets.

Barbeque Nation Hospitality

Secondary Market in 2021
Barbeque Nation Hospitality is an Indian food service company that has revolutionized casual dining by introducing live grilling of kebabs at the table. Founded in 2006 and headquartered in Bengaluru, it operates 138 Barbeque Nation restaurants across 73 cities in India. In addition to its flagship brand, the company also manages Toscano restaurants and UBQ by Barbeque Nation. The focus is on providing high-quality food, a pleasant ambiance, and attentive service to enhance the dining experience. The majority of its revenue is generated from its operations in India, as it continues to expand its footprint in the competitive restaurant industry.

Airtel

Post in 2021
Bharti Airtel Limited, commonly known as Airtel, is an Indian multinational telecommunications services company headquartered in New Delhi, India. It operates in 20 countries across South Asia, Africa, and the Channel Islands. Airtel has a GSM network in all countries in which it operates, providing 2G, 3G and 4G services depending upon the country of operation. Airtel is the largest provider of mobile telephony and second largest provider of fixed telephony in India, and is also a provider of broadband and subscription television services. It offers its telecom services under the "airtel" brand, and is headed by Sunil Bharti Mittal. Bharti Airtel is the first Indian telecom service provider to achieve Cisco Gold certification. It also acts as a carrier for national and international long distance communication services. The company has a submarine cable landing station at Chennai, which connects the submarine cable connecting Chennai and Singapore.

Biocon

Private Equity Round in 2020
Biocon Limited, established in 1978 and headquartered in Bengaluru, India, is a fully integrated biopharmaceutical company. It specializes in the development, manufacturing, and commercialization of a wide range of biopharmaceuticals, including biosimilars, novel biologics, and complex small molecule APIs. Biocon's portfolio spans recombinant human insulin, insulin analogs, monoclonal antibodies, and therapeutic proteins, targeting areas like diabetes, oncology, and immunology. The company operates through four segments: Biosimilars, Generics, Novel Biologics, and Research Services. It also offers contract research and manufacturing services to the pharmaceutical industry through its subsidiary, Syngene. Biocon's mission is to expand patient access to affordable, high-quality biopharmaceuticals, driven by a commitment to innovation and humanitarian responsibility.

VerSe Innovation

Series G in 2020
VerSe Innovation is a local language technology company that develops a discovery platform to consume and socialize with media. Its platform facilitates the curation of content and tracks user preferences through its vertical search and recommendation tools that provide users with personalized content and notifications.

Vatika

Debt Financing in 2020
Vatika Group is a prominent real estate developer based in Gurugram, India, recognized for its commitment to quality and innovation in the industry. The company specializes in building and selling a diverse range of properties, including residential homes, schools, hotels, restaurants, retail spaces, commercial properties, and business centers. In addition to development, Vatika offers related services such as property leasing, marketing, and facility management, catering to the comprehensive needs of its clients in real estate and hospitality. By focusing on creating environments that enhance the quality of life, Vatika aims to provide spaces that support personal and professional growth, fostering connections and facilitating the pursuit of individual aspirations.

NextNav

Series E in 2020
NextNav, LLC is a technology company specializing in urban and indoor positioning solutions in the United States. Founded in 2007 and headquartered in Tyson's Corner, Virginia, with additional locations in Sunnyvale, California, and Bengaluru, India, NextNav provides a positioning system that enables mobile devices to determine their location where GPS signals are weak or unavailable. This advanced system offers precise location and height information, ensuring accuracy down to the floor level. NextNav's services are utilized in various sectors, including public safety and emergency response, as well as commercial applications that require reliable indoor positioning. The company's Pinnacle platform enhances geolocation applications by providing altitude data, thus facilitating 3D experiences. Overall, NextNav aims to enhance navigation and positioning capabilities in challenging environments, ensuring that critical infrastructure remains resilient.

FabHotels

Series B in 2020
FabHotels operates a budget hotel chain in India, focusing on providing standardized services for budget travelers. The company partners with smaller hotels that typically have capacities ranging from twenty to forty rooms. Utilizing an asset-light model, FabHotels promotes these partner hotels, ensuring that guests receive consistent quality and service across locations. This approach allows travelers to easily discover and book accommodations while enjoying exclusive benefits and rewards, enhancing their overall experience.

ZestMoney

Series B in 2019
ZestMoney is a consumer lending fintech company founded in 2016 by Priya Sharma, Lizzie Chapman, and Ashish Anantharaman. The company offers a digital lending platform that enables retail consumers to access small loans through Equated Monthly Installments (EMIs) without the requirement of a credit card or credit score. By leveraging mobile technology, digital banking, and artificial intelligence, ZestMoney aims to democratize access to financing for millions of Indian consumers. The platform utilizes AI and machine learning for effective risk profiling, allowing clients to build their credit profiles and improve their credit scores. ZestMoney collaborates with various financial institutions and non-banking financial companies to facilitate these loans, thereby enhancing financial inclusion.

WeWork

Debt Financing in 2019
WeWork is a global commercial real estate company that transforms buildings into collaborative workspaces, catering to a wide range of clients from freelancers to Fortune 500 companies. Founded in 2010, it provides flexible, serviced office spaces along with infrastructure, services, and technology to foster productivity and creativity. With over 20,000 members worldwide, WeWork aims to create a community where people can work to make a life, not just a living. Its revenue streams include membership fees for office space access and additional billings for ancillary services. WeWork also operates WeWork Labs, a platform supporting early-stage startups, and has a presence in China and India through its subsidiaries.

Purplle

Series C in 2019
Purplle is an online marketplace based in Mumbai, India, that specializes in cosmetics, skincare, hair care, fragrances, and personal hygiene products. Founded in 2011, the company offers a diverse range of beauty and wellness items, catering to individual preferences related to skin and hair types. Purplle's platform aims to enhance the shopping experience by providing personalized recommendations and a curated selection of products from various brands. Through its focus on customer needs, Purplle has established itself as a significant player in the beauty e-commerce sector.

CredFIC

Debt Financing in 2019
CredFIC provides enterprise financial analytics tools designed for family offices, investment funds, and asset administrators. The company operates in two primary segments: Software as a Service (SaaS) and Consulting as a Service (CaaS). Its SaaS offerings focus on financial analysis and insight consulting tailored for high-net-worth individuals (HNWIs) and ultra-high-net-worth individuals (UHNWIs) in private wealth management. Meanwhile, the CaaS segment delivers enterprise-grade investment analytics and opportunity prospecting services targeted at B2B clients, which include family offices and smaller investment funds. Additionally, CredFIC is involved in capacity-building initiatives for academic institutions in India.

AMD Pensando

Series C in 2019
Pensando Systems, Inc. is a technology company that specializes in distributed computing solutions aimed at enhancing software-defined environments across cloud, compute, networking, storage, and security services. Founded in 2016 and headquartered in Milpitas, California, with an additional office in Bengaluru, India, the company focuses on transforming existing architectures into secure and high-performance environments suitable for next-generation applications. Pensando's platform has been developed in collaboration with major players in the cloud, enterprise, storage, and telecommunications sectors, and has garnered support through partnerships and investments from prominent companies in the industry.

NestAway

Series D in 2019
NestAway is a Bangalore-based home rental network founded in January 2015, focused on improving rental experiences through design and technology. The company operates an online marketplace that allows users to search for fully furnished rooms, houses, flats, and apartments across various Indian cities. Through its application, NestAway facilitates the entire rental process, enabling customers to find, book, and move into their desired homes seamlessly. The platform also offers additional services, including assistance with maintenance issues, rental payments, and the move-out process, all accessible within the app. This comprehensive approach aims to simplify the rental journey for tenants.

VerSe Innovation

Series F in 2019
VerSe Innovation is a local language technology company that develops a discovery platform to consume and socialize with media. Its platform facilitates the curation of content and tracks user preferences through its vertical search and recommendation tools that provide users with personalized content and notifications.

ReNew

Funding Round in 2019
ReNew is a leading decarbonization solutions company in India, focused on developing and operating clean energy projects to meet the country's growing energy demands sustainably and responsibly. As of March 31, 2023, ReNew's clean energy portfolio encompasses approximately 13.7 GW, making it one of the largest globally. The company offers comprehensive solutions that include wind and solar power, hydro power, and transmission lines, with a significant portion of its revenue generated from the wind power segment. Additionally, ReNew emphasizes the importance of digitalization, energy storage, and carbon markets in its operations, aiming to address climate change in an inclusive manner while contributing to the transition towards a cleaner energy future.

FabHotels

Series B in 2019
FabHotels operates a budget hotel chain in India, focusing on providing standardized services for budget travelers. The company partners with smaller hotels that typically have capacities ranging from twenty to forty rooms. Utilizing an asset-light model, FabHotels promotes these partner hotels, ensuring that guests receive consistent quality and service across locations. This approach allows travelers to easily discover and book accommodations while enjoying exclusive benefits and rewards, enhancing their overall experience.

BlackBuck

Series D in 2019
BlackBuck is a leading logistics company based in India, founded in 2015, that leverages technology to transform the trucking industry. By moving offline trucking operations online, BlackBuck connects shippers with truckers, providing a seamless platform for booking loads and facilitating payments, insurance, and financial services. The company's comprehensive solutions enhance reliability and efficiency in transportation, benefiting both truckers and shippers. BlackBuck's platform features tools for price discovery, route optimization, in-transit tracking, and timely delivery assurance, which collectively help clients improve business productivity. With a workforce of around 2,000 employees, BlackBuck has established itself as the largest trucking network in India and has garnered recognition for its innovative approach, earning awards such as CNBC-TV18's Young Turks Startup of the Year and Zee Business's Company of the Year in Logistics in 2018. The company is also featured in a case study by Harvard Business School, underscoring its impact on the logistics landscape.

Dailyhunt

Series F in 2019
Dailyhunt is a content discovery platform that provides users with updates on trending topics through its mobile application. Founded in 2007 by Virendra Gupta and headquartered in Bangalore, India, the platform specializes in delivering personalized news, books, and magazines. Dailyhunt employs vertical search and recommendation tools to curate content based on user preferences, enabling users to receive tailored notifications and stay informed about the latest updates in various media. The company primarily serves customers in India, positioning itself as a significant player in the digital content space.

Sapphire Foods India

Private Equity Round in 2018
Sapphire Foods India Ltd is the largest franchisee of Yum! Brands in the Indian subcontinent, operating over 400 restaurants, including KFC, Pizza Hut, and Taco Bell, across India, Sri Lanka, and the Maldives. The company is dedicated to fostering teamwork, integrity, and continuous improvement in its operations. With a focus on transparency and honest dealings, Sapphire Foods emphasizes the importance of collaboration and innovation to achieve growth and success in the food and beverage sector. Its commitment to excellence is reflected in its motto of striving to get better than yesterday.

Cytecare Hospitals

Series A in 2018
Cytecare Hospitals Pvt. Ltd. is a specialized healthcare provider focused on cancer care, headquartered in Bengaluru, India. Established in 2014, the hospital offers a comprehensive range of services including diagnostic procedures such as radiology, pathology, and endoscopy, as well as various treatment options like chemotherapy, radiation therapy, and specialized organ-based surgeries. The facility caters to multiple cancer types, including brain, breast, gastrointestinal, and gynecological cancers. In addition to these medical services, Cytecare Hospitals emphasizes personalized patient care through support services that include psycho-oncology, onco nursing, and nutritional guidance. The company's mission is to deliver improved diagnostic and treatment solutions tailored to the unique needs of each cancer patient.

NestAway

Series D in 2018
NestAway is a Bangalore-based home rental network founded in January 2015, focused on improving rental experiences through design and technology. The company operates an online marketplace that allows users to search for fully furnished rooms, houses, flats, and apartments across various Indian cities. Through its application, NestAway facilitates the entire rental process, enabling customers to find, book, and move into their desired homes seamlessly. The platform also offers additional services, including assistance with maintenance issues, rental payments, and the move-out process, all accessible within the app. This comprehensive approach aims to simplify the rental journey for tenants.

Amber Group

Private Equity Round in 2018
Amber Enterprises India Ltd is a prominent solution provider for Air conditioner OEM/ODM Industry in India. It has a dominant presence in RACs complete unit and deals in major RAC components with 10 manufacturing facilities across India focusing in on different product segments.

MedPlus

Debt Financing in 2018
MedPlus Health Services Pvt. Ltd. is a prominent pharmacy retail chain in India, founded in 2006 in Hyderabad. The company operates over 1,400 pharmacies across the country, serving more than 250,000 customers daily. MedPlus offers a wide range of products, including prescription medications, over-the-counter medicines, vitamins, and personal care items. In addition to its physical stores, MedPlus has developed a significant online presence through its e-pharmacy platform, MedPlusMart.com, which allows customers to conveniently order products, access health records, and view prescription histories. The company also provides laboratory testing services and distributes pharmaceuticals and medical consumables to healthcare providers, ensuring a comprehensive approach to health and wellness. MedPlus is committed to sourcing high-quality medicines from reliable suppliers, thus enhancing customer trust and safety in the pharmaceutical market.

Mahindra Logistics

Venture Round in 2017
Mahindra Logistics Limited, part of the Mahindra Group, is a comprehensive logistics service provider in India. The company specializes in end-to-end logistics solutions, focusing primarily on Supply Chain Management and Enterprise Mobility Services. Its offerings include transportation and distribution, warehousing, in-factory logistics, and various value-added services tailored to meet client needs. Mahindra Logistics also provides employee transportation solutions, serving over 100 domestic and multinational companies across diverse sectors such as IT, business process outsourcing, financial services, consulting, and manufacturing. With operations in 12 cities and a client base exceeding 120, the company has established itself as a key player in the domestic third-party logistics market, deriving most of its revenue from its Supply Chain Management segment.

Mytrah Energy

Debt Financing in 2017
Mytrah Energy Limited, incorporated in 2010 and based in Saint Peter Port, Guernsey, operates as an independent power producer in India, focusing on renewable energy generation from wind and solar sources. The company generates 1,000.8 MW of power through 16 wind energy plants situated across eight states in India. Mytrah Energy (India) Private Limited, its subsidiary based in Hyderabad, sells electricity primarily to state grids and directly to industrial consumers through short-term agreements. With a commitment to sustainable energy, Mytrah Energy emphasizes efficient power generation by managing the entire process from site selection to project execution and asset management. The company aims to expand its renewable energy capacity significantly, reflecting its long-term vision and dedication to ethical business practices.

WeWork

Series A in 2017
WeWork is a global commercial real estate company that transforms buildings into collaborative workspaces, catering to a wide range of clients from freelancers to Fortune 500 companies. Founded in 2010, it provides flexible, serviced office spaces along with infrastructure, services, and technology to foster productivity and creativity. With over 20,000 members worldwide, WeWork aims to create a community where people can work to make a life, not just a living. Its revenue streams include membership fees for office space access and additional billings for ancillary services. WeWork also operates WeWork Labs, a platform supporting early-stage startups, and has a presence in China and India through its subsidiaries.

FabHotels

Series B in 2017
FabHotels operates a budget hotel chain in India, focusing on providing standardized services for budget travelers. The company partners with smaller hotels that typically have capacities ranging from twenty to forty rooms. Utilizing an asset-light model, FabHotels promotes these partner hotels, ensuring that guests receive consistent quality and service across locations. This approach allows travelers to easily discover and book accommodations while enjoying exclusive benefits and rewards, enhancing their overall experience.

SP Apparels

Venture Round in 2016
SP Apparels is a prominent manufacturer and exporter of knitted garments for infants and children, based in India. The company operates integrated facilities that enable comprehensive garment manufacturing services, from greige fabric to finished products. In addition to its core offerings for children, SP Apparels also retails menswear under the brand Crocodile. The company generates a significant portion of its revenue from international markets, highlighting its global presence in the apparel industry.

Quess Corp

Venture Round in 2016
Quess Corp Ltd., India’s largest business services provider established in 2007. Headquartered in Bengaluru, the company has over 1,10,000 employees, serves over 1500 customers across 8 countries in more than 8000 locations. It has presence across 5 segments namely, Global Technology Solutions Group, Industrial Asset Management Group, Integrated Facilities Management Group, People Services & Logistics Group and Growth Businesses Group.

TeamLease Services

Venture Round in 2016
TeamLease Services is a prominent provider of human resource services in India, established in 2002 with a mission to enhance employment opportunities across the nation. The company offers a comprehensive range of services, including temporary staffing solutions, permanent recruitment, and regulatory consultancy for labor law compliance. It operates through two main segments: General Staffing and Allied Services, which encompass staffing, temporary recruitment, and payroll services, and Other HR Services, which include regulatory compliance and training. TeamLease is recognized as one of the largest temporary staffing firms in India, with a workforce of approximately 99,090 associates and a history of providing employment to around 1.12 million individuals. The majority of its business is concentrated in India, supported by a network of eight regional offices and over 1,000 full-time employees, with a vision to further expand its impact on employment and employability across the country.

SAMHI Hotels

Private Equity Round in 2016
SAMHI Hotels is a prominent hotel asset company in India, specializing in the development, acquisition, and ownership of branded hotels. With a portfolio that spans key markets across the country, SAMHI focuses on locations with high barriers to entry and significant unmet demand. The company is distinguished by its diverse range of well-recognized hotel brands, including Courtyard by Marriott, Hyatt Place, and Four Points by Sheraton, which benefit from strong global distribution, loyalty programs, and corporate relationships. Founded by Ashish Jakhanwala and Manav Thadani, both of whom possess extensive experience in the hospitality sector, SAMHI has attracted major global hotel operators as partners, including Marriott and Accor. This strategic collaboration enhances the company's ability to operate effectively within the competitive landscape of Indian hospitality. With a rapidly growing portfolio and a unique combination of world-class management and investment, SAMHI Hotels has established itself as a leading institutional multi-branded hotel ownership company in India.

ReNew

Private Equity Round in 2015
ReNew is a leading decarbonization solutions company in India, focused on developing and operating clean energy projects to meet the country's growing energy demands sustainably and responsibly. As of March 31, 2023, ReNew's clean energy portfolio encompasses approximately 13.7 GW, making it one of the largest globally. The company offers comprehensive solutions that include wind and solar power, hydro power, and transmission lines, with a significant portion of its revenue generated from the wind power segment. Additionally, ReNew emphasizes the importance of digitalization, energy storage, and carbon markets in its operations, aiming to address climate change in an inclusive manner while contributing to the transition towards a cleaner energy future.

Vatika

Private Equity Round in 2014
Vatika Group is a prominent real estate developer based in Gurugram, India, recognized for its commitment to quality and innovation in the industry. The company specializes in building and selling a diverse range of properties, including residential homes, schools, hotels, restaurants, retail spaces, commercial properties, and business centers. In addition to development, Vatika offers related services such as property leasing, marketing, and facility management, catering to the comprehensive needs of its clients in real estate and hospitality. By focusing on creating environments that enhance the quality of life, Vatika aims to provide spaces that support personal and professional growth, fostering connections and facilitating the pursuit of individual aspirations.

Tikona Infinet

Venture Round in 2014
Tikona Infinet, a subsidiary of Tikona Digital Networks, is a Mumbai-based provider of wireless broadband services, primarily serving the domestic enterprise market. Established in 2008, Tikona has developed a robust infrastructure to deliver high-speed internet and secure Virtual Private Network (VPN) solutions across India. The company operates an extensive IP network in 25 cities, with plans for expansion into tier-III and semi-urban markets. Tikona Infinet offers a range of services, including business mailing, data center management, and network facility management, utilizing its Wireless Broadband (WBB) infrastructure to ensure reliable connectivity. The company is committed to providing affordable 4G LTE services that support multimedia content, voice, and IT applications, thereby enabling businesses to achieve greater flexibility and scalability in their operations. Tikona's focus on quality and customer satisfaction is reflected in positive feedback from clients regarding its state-of-the-art data center and service offerings.

Xiaomi Technology

Debt Financing in 2014
Xiaomi Corporation, founded in 2010 and headquartered in Beijing, China, is a prominent technology company that designs, manufactures, and markets smartphones and consumer electronics. The company's product range includes a variety of mobile devices, such as Android-based smartphones and smart home products, like smart TVs, AI speakers, and smart routers. Xiaomi is notable for its innovative approach, often incorporating user feedback into product development, which has fostered a loyal customer base. The company operates through several segments, including smartphones, Internet of Things (IoT) products, and Internet services, offering both hardware and software solutions. Additionally, Xiaomi engages in the retail and wholesale of its products, operates service centers, and has expanded its presence internationally, becoming a leader in markets such as India and gaining traction in Europe. With a commitment to providing quality technology at accessible prices, Xiaomi continues to innovate and adapt within the competitive landscape of the tech industry.

WeWork

Series D in 2014
WeWork is a global commercial real estate company that transforms buildings into collaborative workspaces, catering to a wide range of clients from freelancers to Fortune 500 companies. Founded in 2010, it provides flexible, serviced office spaces along with infrastructure, services, and technology to foster productivity and creativity. With over 20,000 members worldwide, WeWork aims to create a community where people can work to make a life, not just a living. Its revenue streams include membership fees for office space access and additional billings for ancillary services. WeWork also operates WeWork Labs, a platform supporting early-stage startups, and has a presence in China and India through its subsidiaries.

NextNav

Series D in 2014
NextNav, LLC is a technology company specializing in urban and indoor positioning solutions in the United States. Founded in 2007 and headquartered in Tyson's Corner, Virginia, with additional locations in Sunnyvale, California, and Bengaluru, India, NextNav provides a positioning system that enables mobile devices to determine their location where GPS signals are weak or unavailable. This advanced system offers precise location and height information, ensuring accuracy down to the floor level. NextNav's services are utilized in various sectors, including public safety and emergency response, as well as commercial applications that require reliable indoor positioning. The company's Pinnacle platform enhances geolocation applications by providing altitude data, thus facilitating 3D experiences. Overall, NextNav aims to enhance navigation and positioning capabilities in challenging environments, ensuring that critical infrastructure remains resilient.

ReNew

Private Equity Round in 2014
ReNew is a leading decarbonization solutions company in India, focused on developing and operating clean energy projects to meet the country's growing energy demands sustainably and responsibly. As of March 31, 2023, ReNew's clean energy portfolio encompasses approximately 13.7 GW, making it one of the largest globally. The company offers comprehensive solutions that include wind and solar power, hydro power, and transmission lines, with a significant portion of its revenue generated from the wind power segment. Additionally, ReNew emphasizes the importance of digitalization, energy storage, and carbon markets in its operations, aiming to address climate change in an inclusive manner while contributing to the transition towards a cleaner energy future.

NextNav

Debt Financing in 2013
NextNav, LLC is a technology company specializing in urban and indoor positioning solutions in the United States. Founded in 2007 and headquartered in Tyson's Corner, Virginia, with additional locations in Sunnyvale, California, and Bengaluru, India, NextNav provides a positioning system that enables mobile devices to determine their location where GPS signals are weak or unavailable. This advanced system offers precise location and height information, ensuring accuracy down to the floor level. NextNav's services are utilized in various sectors, including public safety and emergency response, as well as commercial applications that require reliable indoor positioning. The company's Pinnacle platform enhances geolocation applications by providing altitude data, thus facilitating 3D experiences. Overall, NextNav aims to enhance navigation and positioning capabilities in challenging environments, ensuring that critical infrastructure remains resilient.

ReNew

Private Equity Round in 2013
ReNew is a leading decarbonization solutions company in India, focused on developing and operating clean energy projects to meet the country's growing energy demands sustainably and responsibly. As of March 31, 2023, ReNew's clean energy portfolio encompasses approximately 13.7 GW, making it one of the largest globally. The company offers comprehensive solutions that include wind and solar power, hydro power, and transmission lines, with a significant portion of its revenue generated from the wind power segment. Additionally, ReNew emphasizes the importance of digitalization, energy storage, and carbon markets in its operations, aiming to address climate change in an inclusive manner while contributing to the transition towards a cleaner energy future.

NextNav

Series B in 2012
NextNav, LLC is a technology company specializing in urban and indoor positioning solutions in the United States. Founded in 2007 and headquartered in Tyson's Corner, Virginia, with additional locations in Sunnyvale, California, and Bengaluru, India, NextNav provides a positioning system that enables mobile devices to determine their location where GPS signals are weak or unavailable. This advanced system offers precise location and height information, ensuring accuracy down to the floor level. NextNav's services are utilized in various sectors, including public safety and emergency response, as well as commercial applications that require reliable indoor positioning. The company's Pinnacle platform enhances geolocation applications by providing altitude data, thus facilitating 3D experiences. Overall, NextNav aims to enhance navigation and positioning capabilities in challenging environments, ensuring that critical infrastructure remains resilient.

Bloom Energy

Series G in 2011
Bloom Energy Corporation, founded in 2001 and headquartered in San Jose, California, specializes in designing, manufacturing, and selling solid-oxide fuel cell systems for on-site power generation. Its flagship product, the Bloom Energy Server, converts various fuels, including natural gas, biogas, and hydrogen, into electricity through an electrochemical process without combustion. This technology allows for efficient, reliable, and clean energy production, significantly reducing electricity costs and greenhouse gas emissions. Bloom Energy serves a diverse range of industries, including banking, healthcare, technology, and utilities, primarily operating in the United States, Japan, China, India, and South Korea. The company aims to enhance energy security and independence by generating power at the point of consumption, and it is exploring opportunities in the electrolyzer market to further its advancements in energy solutions.

Sterling and Wilson

Venture Round in 2010
Sterling and Wilson Solar Limited is an Indian company specializing in engineering, procurement, and construction (EPC) services for solar power projects. Founded in 2011 and based in New Delhi, the company offers comprehensive EPC solutions, including design, procurement of materials, construction, and field quality monitoring. In addition to these services, Sterling and Wilson provides operations and maintenance support for third-party solar projects and engages in trading solar modules, structures, inverters, and related accessories. The company has successfully completed 245 solar power projects with a total capacity of 10,134 megawatt peak. With a presence in 25 countries, including India, the Middle East, Africa, Europe, and the Americas, its diverse clientele consists of independent power producers, developers, and equity funds. Sterling and Wilson Solar Limited operates as a subsidiary of Shapoorji Pallonji and Company Private Limited.

Sterling and Wilson

Private Equity Round in 2008
Sterling and Wilson Solar Limited is an Indian company specializing in engineering, procurement, and construction (EPC) services for solar power projects. Founded in 2011 and based in New Delhi, the company offers comprehensive EPC solutions, including design, procurement of materials, construction, and field quality monitoring. In addition to these services, Sterling and Wilson provides operations and maintenance support for third-party solar projects and engages in trading solar modules, structures, inverters, and related accessories. The company has successfully completed 245 solar power projects with a total capacity of 10,134 megawatt peak. With a presence in 25 countries, including India, the Middle East, Africa, Europe, and the Americas, its diverse clientele consists of independent power producers, developers, and equity funds. Sterling and Wilson Solar Limited operates as a subsidiary of Shapoorji Pallonji and Company Private Limited.

Tejas Networks

Series E in 2007
Tejas Networks Limited is an Indian company that specializes in designing, developing, and manufacturing optical and data networking products. Established in 2000 and headquartered in Bengaluru, the company serves a diverse clientele, including telecommunications service providers, internet service providers, utility companies, defense organizations, and government entities, both domestically and internationally. Tejas Networks offers a wide range of products, including converged packet optical solutions, enterprise Ethernet switches, and high-density metro core platforms. Their offerings also encompass multi-service provisioning platforms, LTE solutions, and advanced GPON elements for optical access networks. Additionally, Tejas Networks provides software solutions for network management and optimization, along with services such as network planning, installation, and customer support. The company's products are utilized in various applications, including access networks and wireless backhaul, contributing significantly to its revenue primarily from the Indian market.

Sudhir Power

Private Equity Round in 2007
Sudhir Power Ltd. is an Indian company that specializes in manufacturing power equipment and providing comprehensive electrical services. Founded in 1973 and headquartered in Gurugram, the company produces diesel and gas generators, power transformers, and packaged substations, along with a range of solar power solutions, including photovoltaic modules and turnkey projects. Sudhir Power also offers containerized and canopy diesel generators for rent, and delivers power distribution products such as high and low tension panels. In addition to manufacturing, the company provides operational and maintenance services for electrical systems, including synchronization and automatic mains failure panels, catering to various sectors including commercial, industrial, and residential projects. With strategic partnerships with notable firms, Sudhir Power aims to deliver reliable power solutions and services across India and beyond, including branch offices in Dubai, United Arab Emirates.

Arcot Systems

Venture Round in 2007
Arcot Systems, Inc. specializes in authentication and digital signing solutions aimed at protecting and verifying the digital identities of cardholders and merchants. Founded in 1997 and headquartered in Sunnyvale, California, with a technology center in Bangalore, India, the company offers a variety of services, including consumer portal protection, FFIEC compliance, identity management, Internet threat protection, SAFE biopharmaceutical compliance, and VPN authentication. Its key products include TransFort for Issuers and Merchants, RiskFort for real-time fraud prevention, WebFort and ArcotID for software-based authentication, A-OK On-Demand for secure authentication processes, and SignFort to streamline document signing and approval. Arcot Systems serves financial institutions, pharmaceutical companies, and e-commerce platforms, helping them combat online fraud and identity theft.

Codemasters

Venture Round in 2007
Codemasters, established in 1986 and headquartered in Southam, United Kingdom, is a prominent developer and publisher of interactive entertainment products, primarily focusing on racing video games. The company has developed a notable portfolio that includes popular titles such as the F1 series, GRID, DiRT Rally 2.0, and ONRUSH. Codemasters distributes its games globally across various platforms, catering to audiences in Europe, the United States, Australia, and beyond. The company has development studios in Southam and Birmingham, along with an art studio in Kuala Lumpur, Malaysia, and a location in Pune, India. Codemasters is recognized for holding the video game rights to FORMULA ONE, having released its first high-definition F1 game in 2010. The company employs over 500 people and operates as a subsidiary of Reliance BIG Entertainment Pvt Ltd, which acquired a significant stake in 2010.

National Stock Exchange

Private Equity Round in 2007
The National Stock Exchange of India Limited (NSE) is a leading electronic stock exchange headquartered in Mumbai, established in 1992. It is recognized for its automated screen-based trading system, which ensures transparency, speed, and efficiency in the Indian securities market. NSE provides a wide range of services, including exchange listings, trading, clearing, and settlement, along with indices and market data feeds. The exchange plays a significant role in the development of the capital market landscape in India by promoting investor protection and implementing innovative practices such as dematerialization, electronic transfer of securities, and professionalization of trading members. NSE has also adopted advanced information technology to enhance its trading mechanisms and risk management systems, thereby contributing to the overall integrity and functionality of the market. Through its diverse offerings, NSE aims to meet the trading and investment needs of its users while fostering a robust financial environment.

Arcot Systems

Series A in 2005
Arcot Systems, Inc. specializes in authentication and digital signing solutions aimed at protecting and verifying the digital identities of cardholders and merchants. Founded in 1997 and headquartered in Sunnyvale, California, with a technology center in Bangalore, India, the company offers a variety of services, including consumer portal protection, FFIEC compliance, identity management, Internet threat protection, SAFE biopharmaceutical compliance, and VPN authentication. Its key products include TransFort for Issuers and Merchants, RiskFort for real-time fraud prevention, WebFort and ArcotID for software-based authentication, A-OK On-Demand for secure authentication processes, and SignFort to streamline document signing and approval. Arcot Systems serves financial institutions, pharmaceutical companies, and e-commerce platforms, helping them combat online fraud and identity theft.

Arcot Systems

Venture Round in 2001
Arcot Systems, Inc. specializes in authentication and digital signing solutions aimed at protecting and verifying the digital identities of cardholders and merchants. Founded in 1997 and headquartered in Sunnyvale, California, with a technology center in Bangalore, India, the company offers a variety of services, including consumer portal protection, FFIEC compliance, identity management, Internet threat protection, SAFE biopharmaceutical compliance, and VPN authentication. Its key products include TransFort for Issuers and Merchants, RiskFort for real-time fraud prevention, WebFort and ArcotID for software-based authentication, A-OK On-Demand for secure authentication processes, and SignFort to streamline document signing and approval. Arcot Systems serves financial institutions, pharmaceutical companies, and e-commerce platforms, helping them combat online fraud and identity theft.
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