BanyanTree Finance

BanyanTree Finance is a private equity firm established in 2008 and headquartered in Mumbai, India. The firm specializes in investing in middle-market companies with significant growth potential, particularly within the information technology and business products and services sectors. BanyanTree Finance is known for its active co-investment strategy and structured investments, aiming to capitalize on opportunities in the rapidly expanding Indian economy. With an experienced investment team, the firm focuses on sectors that are often overlooked, allowing it to identify promising investment prospects. Additionally, BanyanTree Finance has committed cornerstone investors that enhance its governance standards, aligning emerging market risks with potential returns.

Sanjiv Singhal

Managing Director

Naval Totla

Managing Director

32 past transactions

Groovy

Seed Round in 2024
Groovy is a company that operates in the food and beverage industry. It offers a variety of beverages that are designed to provide a refreshing and rejuvenating experience. The company's product line includes drinks made with tropical mangoes, mixed fruits, and other flavors. Groovy's beverages are crafted with a focus on purity and natural ingredients. In addition to its core beverage offerings, Groovy also offers products that can be used to enhance the flavor of teas, martinis, sodas, and desserts.

Trimax IT Infrastructure & Services

Venture Round in 2019
Trimax IT Infrastructure & Services Limited is a provider of a wide range of information technology services and solutions in India, focusing on both enterprise and managed IT services. The company offers compute infrastructure solutions that include the supply and installation of desktop and laptop computers, servers, operating systems, and data storage. It also provides network infrastructure solutions featuring essential components such as routers, switches, firewalls, and uninterruptible power supply systems. Additionally, Trimax delivers software solutions, including customized software and business applications. Its managed IT services encompass various offerings such as cloud computing, data center services, and operational support services. The company serves small and medium enterprises as well as government entities, and it has been operational since its incorporation in 1995. Trimax was previously known as Trimax Computers Private Limited before rebranding in 2008.

Mahaveer Finance

Venture Round in 2019
Mahaveer Finance is a non-banking finance company based in Chennai that specializes in financing used commercial vehicles. Managed by Mr. Dugar and his sons, Deepak and Praveen Dugar, the company operates 20 branches across Tamil Nadu, Puducherry, and Andhra Pradesh. Mahaveer Finance primarily serves standalone owner-drivers in the small commercial vehicle segment, focusing on Tier-II and Tier-III locations. The company emphasizes customer retention and aims to foster long-term relationships by offering multiple financing opportunities throughout the customer lifecycle. Mahaveer Finance has developed robust credit controls and monitoring systems, resulting in gross non-performing asset levels significantly lower than industry standards. Additionally, the company boasts attractive operating metrics, with yields around 23%.

City Union Bank

Post in 2019
City Union Bank Ltd. is an Indian bank that provides a wide range of banking products and services to personal and corporate clients across the country. Established in 1904 and originally known as The Kumbakonam City Union Bank Limited, it has evolved from a regional institution in Tamil Nadu to a prominent player in the national banking sector. The bank operates through four main segments: Corporate Banking, Retail Banking, Treasury, and Other Banking Operations, with Retail Banking being the largest contributor to its revenue. Its offerings include savings and current accounts, various types of loans such as auto, educational, and jewel loans, as well as fixed deposits and international business services. City Union Bank also provides digital banking solutions, insurance products, and cash management services. As of March 2020, the bank had a network of 700 branches and 1,793 ATMs throughout India, emphasizing its extensive reach and commitment to customer service.

SK Finance

Private Equity Round in 2019
SK Finance is a non-banking financial company that focuses on providing asset finance solutions to micro, small, and medium enterprises. It operates as a retail franchisee in the mid-market space, offering a variety of financial services tailored to its clients' needs. The company specializes in five product segments, including commercial vehicles, agricultural and construction equipment, passenger vehicles, two-wheelers, and support for small businesses. SK Finance aims to deliver comprehensive financial assistance through loans and financial planning, while also aiding in the establishment and management of small enterprises. Its expert staff ensures that customers receive end-to-end, secure financial support.

Beaver Engineering

Venture Round in 2019
Beaver Engineering is a growing engineering and contracting company based out of Ahmedabad. At Beaver, their motto is a strong commitment to providing professional services and the development of long term business relationships. They provide a comprehensive range of engineering services to both private and public sectors.Beaver is recognized for its ability to approach projects with continuity in design, reflective of a positive economic and community impact. They are proud of their strong reputation in meeting aggressive schedules and the ability to assemble successful multi disciplinary project teams. All phases of design from concept to end product have stringent quality control methods in place. While their range of services vary from project to project; Their core area of operation has always been in construction as a General Contractor.

Axiom Cordages

Venture Round in 2019
Axiom Cordages Limited, established in 1999 and based in Mumbai, India, specializes in the manufacture and export of synthetic fiber ropes. The company offers a diverse range of products, including polypropylene polysteel ropes, combination dual fiber ropes, high-density polyethylene ropes, and various types of fishing nets and fabrics. Axiom's products serve multiple industries, including mooring, fishing, shipping, and telecommunications, as well as oil rigs, both domestically and internationally. Known for its consistent quality and competitive pricing, Axiom Cordages has built a solid reputation over more than 30 years in the industry. The company has a strong commitment to customer service and delivery, which has helped it maintain long-term relationships with its clients. Axiom Cordages Limited is a subsidiary of Responsive Industries Limited and was formerly known as Axiom Impex International Limited until its name change in January 2010.

Zink London

Venture Round in 2019
Zink London is a clothing manufacturer and retailer focused on providing stylish apparel for young urban women. The company offers a diverse range of western wear, including tops, dresses, bottom wear, and outerwear, catering to various occasions from casual outings to formal events. Drawing inspiration from fashion capitals such as Milan, New York, London, and Paris, Zink London emphasizes beautifully hand-crafted garments that allow customers to express their personal style. With a presence in both physical outlets and the online market, the brand aims to deliver improved design and texture in its products, ensuring that every woman can find the perfect look to define her individuality.

Uttam Galva Steels

Venture Round in 2019
Uttam Galva Steels Limited is a prominent manufacturer of cold rolled and galvanized steel in Western India. The company specializes in processing hot rolled steel into cold rolled products and further into galvanized and color coated coils. It is particularly noted for producing ultra-thin galvanized sheets with thicknesses as low as 0.13 mm. Additionally, the surplus capacity of cold rolled steel that is not utilized for galvanizing is transformed into value-added products such as Cold Rolled Closed Annealed (CRCA) coils and cut-to-length sheets, with some being marketed as Full Hard CR in international markets. The firm primarily serves the Indian market while maintaining a presence in global markets, supplying its products to various industries, including automobiles, white goods, general engineering, and construction.

DEE Piping Systems

Funding Round in 2019
DEE Piping Systems Limited, originally established as DEE Development Engineers Limited in 1983, specializes in manufacturing high-pressure piping systems and related components for thermal power, petroleum, and natural gas projects. The company produces a variety of pre-fabricated piping products, including HRSG, power cycle, and cooling water piping, as well as butt weld, forged, and threaded fittings. Additionally, DEE offers engineering services in areas such as steam piping, pressure vessels, and plant design. The company also manufactures hanger and support systems, pressure vessels, and various specialized accessories for industrial applications. DEE Piping Systems serves both national and multinational original equipment manufacturers (OEMs) and engineering, procurement, and construction contractors in the power generation, oil and gas, and petrochemical sectors. Headquartered in Faridabad, India, the firm has experienced significant growth under the leadership of its founder, Mr. K.L. Bansal, and continues to evolve in the piping engineering and fabrication industry.

NSPIRA Management Services

Venture Round in 2018
NSPIRA Management Services is a professional firm specializing in business management with a strong emphasis on the education sector. The company is comprised of a team of experienced professionals holding advanced degrees across various disciplines, including IT, business management, engineering, education, and healthcare. NSPIRA offers a range of customized services that encompass staffing, organizational development, IT infrastructure, sales and marketing, facilities management, and comprehensive administrative functions. By providing administration services, enterprise resource planning, and educational content creation, NSPIRA enables its clients to leverage technology effectively and enhance the professionalism of their operational processes.

Nirula's Foods

Venture Round in 2017
Nirula's is an Indian fast-food chain established in 1977, renowned for its diverse menu that includes ice creams, shakes, burgers, and pizzas. The brand has become a staple for Delhi residents, emphasizing a commitment to quality through its 'Make-Fresh' philosophy, which prioritizes the use of fresh ingredients without preservatives. Catering to families and individuals alike, Nirula's provides a casual dining experience that combines affordability with a welcoming atmosphere, allowing customers to enjoy a variety of culinary offerings in a comfortable setting.

Origami Tissues

Venture Round in 2017
Origami Tissues is a producer of Paper disposables and products.

Origami

Private Equity Round in 2017
Established in 1994 by Manoj Pachisia, a 1st generation entrepreneur, Origami over the last 20 years has grown to become the #1 brand in the Indian tissue market with a pan-India presence. It is the only fully integrated, tissue paper company in India with manufacturing / processing capacities that are strategically spread out across 3 paper mills and 8 converting facilities. A unique distributed converting business model gives the company logistics and service level advantages, with better access to local clients and markets. While it caters to the retail consumers under brands such as ‘So Soft’, ‘Godya’ and ‘Klassic’, it also has a well serviced and loyal customer base in the form of institutional clients such as Indigo, HCL, Subway, etc.

Nilon's Enterprises

Venture Round in 2017
Nilon’s Enterprises is a producer of packaged food and pickles, offering a diverse range of processed food products. The company specializes in items such as cooking pastes, pasta, vermicelli, sauces, instant mixes, spices, and papad. Nilon’s Enterprises serves a global market, supplying customers in countries including Japan, France, South Africa, Dubai, and Saudi Arabia. The company emphasizes quality by utilizing cold grinding techniques for spices, ensuring that the flavors are preserved in their products.

MT Educare

Post in 2017
MT Educare Ltd is an education support and coaching services provider in India, primarily operating under the Mahesh Tutorials brand. The company focuses on delivering commercial training and tutorial classes for various educational levels, including secondary and higher education. Its offerings encompass school courses, commerce courses for higher secondary and professional education, and pre-university courses for 11th and 12th standards. Additionally, MT Educare prepares students for competitive examinations such as JEE Main, JEE Advanced, and medical entrance tests. The company also operates several other brands, including Robomate+, Lakshya, MT Educare's CPLC, and Mahesh PU College, all aimed at enhancing the educational experience and academic success of its students.

Power Mech Projects

Post in 2016
Power Mech Projects Ltd. is an India-based engineering and construction company specializing in integrated power infrastructure services. The company offers a range of services including the erection, testing, and commissioning of boilers, turbines, and generators, as well as balance of plant works, civil works, and operation and maintenance services. In addition to its core offerings, Power Mech is also involved in railway projects, focusing on track doubling and associated electrification and signaling work. The company's experienced management team, led by its founding Chairman and Managing Director, S Kishore Babu, has played a crucial role in its growth and operational success. With a strong emphasis on project management, Power Mech Projects aims to leverage its expertise to capitalize on future opportunities in the power and infrastructure sectors, primarily generating its revenue from the Indian market.

O2 Spa

Venture Round in 2016
They are the largest day Spa chain in Asia. They are present at over 70 locations, across 21 cities in India. They rejuvenate over 1500 guests every day. In a short span of 8 years, their brand has become synonymous with wellness and salon services of global standards. Their team of expert rejuvenators offer customized wellness solutions as per the needs of each individual. They offer the perfect venue to rejuvenate, unwind and spend quality time with friends and family in a calm serene environment. And for corporate get-togethers, kitty parties, birthday parties, children spa party, baby shower, Haldi and Mehendi ceremony. O2 Spa, the pioneer in offering SPA services in India, has introduced a number of innovative SPA practices that enhance the user experience and has revolutionized Spa services at airports. They have transformed Indian airport operations by introducing the SPA as ‘a must have’ for any major airport. With air traffic touching new highs every month, O2 SPA offers enhanced convenience of Spa services to air passengers traveling to India and also within India. They have won a number of awards and accolades.

Safex Chemicals

Venture Round in 2016
Safex Chemicals is a prominent player in the Indian agrochemicals industry, specializing in the formulation and marketing of a diverse range of products, including herbicides, fungicides, insecticides, and plant growth regulators. The company is committed to providing environmentally sustainable solutions designed to enhance agricultural productivity. Its offerings are formulated using eco-friendly molecules and are competitively priced, allowing farmers to boost the yield of food grains and commercial crops. With a robust nationwide distribution network, Safex Chemicals has established strong brand recognition and trust among farmers, positioning its products as reliable choices in the market. The company's mission is to deliver effective and economical agrochemical solutions that contribute to sustainable farming practices.

Rotomag Group

Venture Round in 2015
Rotomag Group, established in 1993 and headquartered in Vitthal Udyognagar, India, is a prominent manufacturer of specialty electric motors and related technologies. The flagship company, Rotomag Motors & Controls Pvt. Ltd., designs and produces a diverse range of products, including permanent magnet D.C. motors, gear motors, and advanced solar pumps utilizing brushless direct current technology. With a strong focus on efficiency and reliability, Rotomag caters to various sectors such as alternate energy, textiles, construction, material handling, machine tools, and packaging industries. The company exports over 60% of its production and operates three manufacturing plants in Anand, Gujarat, with a combined capacity of 195,000 electric motors and 16,000 pumps. Additionally, Rotomag has a joint venture with the Italian firm Motive Srl to produce industrial AC motors and gearboxes, further enhancing its product offerings. The company's commitment to innovation and customization positions it as a key player in the electric motor market.

Uttam Galva Mettalics

Venture Round in 2015
M/s. Uttam Galva Metallics Limited has set up a Steel Manufacturing Plant comprises of Blast Furnace, Sinter Plant, Coke Oven Plant, 2.5 MW Top Gas Recovery Plant & 15 MW Gas based Captive Power Plant at Villages Bhugaon, in Wardha district of Maharashtra.

GPT Healthcare

Private Equity Round in 2014
GPT Healthcare is a chain of multi-specialty hospitals in East India operating under the brand name of ILS Hospitals. It commissioned its first hospital in Salt Lake, Kolkata in 2000 and currently owns and operates 3 hospitals, out of which 2 are in Kolkata (Salt Lake and Dum Dum) and 1 in North-East India (Agartala), with an overall capacity of around 400 beds.

Nilon's Enterprises

Private Equity Round in 2014
Nilon’s Enterprises is a producer of packaged food and pickles, offering a diverse range of processed food products. The company specializes in items such as cooking pastes, pasta, vermicelli, sauces, instant mixes, spices, and papad. Nilon’s Enterprises serves a global market, supplying customers in countries including Japan, France, South Africa, Dubai, and Saudi Arabia. The company emphasizes quality by utilizing cold grinding techniques for spices, ensuring that the flavors are preserved in their products.

Atria Brindavan Power

Private Equity Round in 2013
Atria Brindavan Power Ltd operates as a renewable power generation company. The company produces hydel power. The company was incorporated in 2000 and is headquartered in Bengaluru, India. Atria Brindavan Power Ltd operates as a subsidairy of Atria group.

Uttam Galva Mettalics

Venture Round in 2012
M/s. Uttam Galva Metallics Limited has set up a Steel Manufacturing Plant comprises of Blast Furnace, Sinter Plant, Coke Oven Plant, 2.5 MW Top Gas Recovery Plant & 15 MW Gas based Captive Power Plant at Villages Bhugaon, in Wardha district of Maharashtra.

Dilip Buildcon

Venture Round in 2012
Dilip Buildcon Limited (DBL) is an infrastructure company headquartered in Bhopal, India, specializing in road construction and development. Founded by Mr. Dilip Suryavanshi, who has been involved in the construction industry since the late 1980s, the company is supported by his long-time partner, Mr. Devendra Jain. DBL operates primarily on an Engineering, Procurement, and Construction (EPC) basis, undertaking projects for government entities and other clients across several states, including Madhya Pradesh, Gujarat, Maharashtra, and Himachal Pradesh. The company has a remarkable track record of completing projects on or ahead of schedule, with a significant portion of its order book derived from non-captive projects, distinguishing it from many of its competitors. Additionally, DBL is characterized by a low level of debt compared to its peers in the infrastructure sector. The majority of its revenue is generated from its EPC projects, while it also engages in road infrastructure maintenance and toll operations under concession agreements.

GEI Industrial Systems

Venture Round in 2011
GEI Industrial Systems is an engineering and manufacturing company based in Bhopal, India, established in 1970. It specializes in the design, engineering, and production of air-cooled heat exchangers and steam condensers, which are essential for various sectors including consumer goods, heavy industry, high-tech manufacturing, medical, recreational vehicles, and transportation. The company focuses on providing customized solutions that meet stringent operating conditions and user requirements. Its products are particularly utilized for cooling and heating hot fluids in applications such as oil and gas operations, power plants, crude oil refineries, and petrochemical facilities, serving as an efficient alternative to conventional wet cooling towers.

DEE Piping Systems

Private Equity Round in 2011
DEE Piping Systems Limited, originally established as DEE Development Engineers Limited in 1983, specializes in manufacturing high-pressure piping systems and related components for thermal power, petroleum, and natural gas projects. The company produces a variety of pre-fabricated piping products, including HRSG, power cycle, and cooling water piping, as well as butt weld, forged, and threaded fittings. Additionally, DEE offers engineering services in areas such as steam piping, pressure vessels, and plant design. The company also manufactures hanger and support systems, pressure vessels, and various specialized accessories for industrial applications. DEE Piping Systems serves both national and multinational original equipment manufacturers (OEMs) and engineering, procurement, and construction contractors in the power generation, oil and gas, and petrochemical sectors. Headquartered in Faridabad, India, the firm has experienced significant growth under the leadership of its founder, Mr. K.L. Bansal, and continues to evolve in the piping engineering and fabrication industry.

Deepak Fasteners

Venture Round in 2010
Deepak Fasteners Limited is an industrial fasteners manufacturer based in Ludhiana, India, with a presence in international markets, including the United Kingdom, Ireland, the United States, and Australia. Established in 1958, the company produces a wide range of products, including socket screws, pins, tools, hex bolts, nuts, washers, and specialized petrochemical stud bolts. It also offers customized solutions and various specialized coatings such as hot dip galvanizing and zinc electroplating. Deepak Fasteners serves multiple sectors, including civil engineering, oil and gas, aerospace, automotive, construction, and renewable energy. The company operates five state-of-the-art manufacturing plants, certified under various international standards, ensuring high product quality and compliance with industry norms. Recognized for its commitment to superior quality and prompt delivery, Deepak Fasteners is noted for its ethical conduct and dedication to innovation within the industrial fasteners sector.

GEI Industrial Systems

Venture Round in 2009
GEI Industrial Systems is an engineering and manufacturing company based in Bhopal, India, established in 1970. It specializes in the design, engineering, and production of air-cooled heat exchangers and steam condensers, which are essential for various sectors including consumer goods, heavy industry, high-tech manufacturing, medical, recreational vehicles, and transportation. The company focuses on providing customized solutions that meet stringent operating conditions and user requirements. Its products are particularly utilized for cooling and heating hot fluids in applications such as oil and gas operations, power plants, crude oil refineries, and petrochemical facilities, serving as an efficient alternative to conventional wet cooling towers.

Trimax IT Infrastructure & Services

Venture Round in 2009
Trimax IT Infrastructure & Services Limited is a provider of a wide range of information technology services and solutions in India, focusing on both enterprise and managed IT services. The company offers compute infrastructure solutions that include the supply and installation of desktop and laptop computers, servers, operating systems, and data storage. It also provides network infrastructure solutions featuring essential components such as routers, switches, firewalls, and uninterruptible power supply systems. Additionally, Trimax delivers software solutions, including customized software and business applications. Its managed IT services encompass various offerings such as cloud computing, data center services, and operational support services. The company serves small and medium enterprises as well as government entities, and it has been operational since its incorporation in 1995. Trimax was previously known as Trimax Computers Private Limited before rebranding in 2008.
Spot something off? Help us improve by flagging any incorrect or outdated information. Just email us at support@teaserclub.com. Your feedback is most welcome.