Kitara Capital

Kitara Capital is a private equity and venture capital firm established in 2008 and based in Muscat, Oman. The firm focuses on providing seed and growth capital, as well as PIPE investments, primarily targeting medium-sized businesses. Kitara Capital maintains a sector-agnostic approach, allowing it to invest across various industries both locally and internationally. The firm typically invests between $10 million and $40 million and offers co-investment opportunities. It engages in investments in both publicly traded and privately held companies.

Alok Agarwal

Managing Director

6 past transactions

Midland Microfin

Venture Round in 2016
Midland Microfin is a company focused on providing financial services aimed at empowering women through business loans. It specializes in lending and micro-financing, offering a variety of products designed to assist individuals with low incomes. By delivering affordable financial solutions, Midland Microfin enables customers to pursue entrepreneurial ventures, engage in productive activities, and develop their small businesses. The company seeks to promote both financial and social empowerment, particularly among progressive communities.

Tecpro Systems

Private Equity Round in 2012
Tecpro Systems Limited, an engineering company, engages in the design, engineering, manufacture, supply, installation, and erection of material handling systems and power plants in India. It manufactures stackers, reclaimers, crushers, screens, feeders, pulleys, idlers and rollers, conveyor systems and components, and fabricated structures. The company also provides electrical and instrumentation works; dust control, suppression systems, ventilation systems, and fire fighting systems; and undertakes turnkey projects of material handling systems for power, cement, steel, and other metallurgical plants, as well as ports, coal storage and reclaiming plants, and aggregate process plant for mineral processes.

APL Apollo

Private Equity Round in 2011
APL Apollo is a structural steel tubing company that manufactures branded steel products such as galvanized tubes, MS black pipes, and hollow sections. The company enables architects and engineers to create a significant impact by adding robustness and aesthetics to their designs. APL Apollo's structural steel tube products are used in varied load-bearing and building material applications.

Oil Field Instrumentation

Venture Round in 2010
Oil Field Instrumentation (India) Limited specializes in manufacturing mud logging units and providing comprehensive mud logging services across India. The company develops customized solutions for both exploratory and developmental drilling, including deepwater and coal bed methane (CBM) projects. Its offerings encompass rig instrumentation services, which include pressure indicators, drillers' consoles, and recorders. Additionally, the company provides gas detection systems capable of identifying various gases such as hydrocarbons, carbon dioxide, and hydrogen sulfide, among others. Oil Field Instrumentation also engages in measurement-while-drilling and directional drilling services, as well as log digitizing and plotting solutions. Founded in 1992 and based in Mumbai, the company serves various industries involved in natural resource exploitation and operates as a subsidiary of the Neterwala Group.
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