New Silk Route Partners

New Silk Route is a growth capital firm established in 2006 and headquartered in New York. It primarily targets early to growth-stage investments in companies across the Indian subcontinent and other rapidly growing economies in Asia. The firm focuses on a diverse range of sectors, including telecommunications, education, financial services, media, pharmaceuticals, manufacturing, renewable energy, and consumer services. As a Registered Investment Adviser, New Silk Route aims to support the development of businesses that have the potential for significant growth in these dynamic markets.

Sanjeev Chachondia

Operating Partner

Rajat Gupta

Founding Partner

Arvind Malhan

Partner

Raj Rajaratnam

Founding Partner

Vivek Sett

Partner

15 past transactions

Gastronomy Management Services is an operator of food and beverage sector businesses in India and South Asia.

VRL Logistics

Private Equity Round in 2012
VRL has grown into a nationally renowned logistics and transport company which is currently the largest fleet owner in India with a fleet of 2691 Vehicles (Including 196 hi-tech tourist buses & 2495 Trucks) as of 15th August 2008.as published in the Limca Book of Records. Over the years VRL has pioneered in providing a safe and reliable delivery network in the field of parcel service. It has spread its operations to Courier Service, Express Cargo & Aviation to meet the growing demand of the burgeoning customer base.

Vasudev Adigas FastFood

Venture Round in 2012
Vasudev Adigas FastFood Private Limited owns and operates restaurants.

Kiran Energy

Private Equity Round in 2010
Kiran Energy Solar Power is an independent power producer specialising in solar energy generation.

Amonix

Series B in 2010
Amonix is the technology pioneer and market leader in High Concentration Photovoltaic (HCPV) technology and for 20 years has been developing it’s solar power generators for low cost utility-scale deployment. The Amonix HCPV product uses the solar industry’s highest efficiency solar cells; the same solar cells used today in space to power satellites, combined with lens to concentrate the sun and minimize the amount of expensive solar cell material needed to therefore drastically lower the cost of solar electricity

Cafe Coffee Day

Private Equity Round in 2010
Cafe Coffee Day is a coffee shop, providing a full range of coffee products through a robust and transparent system of farming and social responsibility. To design, develop, and deliver coffee-products, it maintains practices in advisory, sustainable farming, retail, products, technology, solutions, corporate social responsibility, and operations. Cafe Coffee Day was founded in 1996 and is based in Bangalore.

Coffee Day

Private Equity Round in 2010
Coffee Day Enterprises Limited is primarily engaged in the coffee industry, focusing on the procurement, processing, and roasting of coffee beans, which they retail in various formats. The company has developed expertise in nurturing coffee yields and optimizing roasting techniques to enhance flavor extraction. In addition to its core coffee business, Coffee Day also offers hospitality services and operates in the integrated multimodal logistics sector, providing comprehensive logistics solutions that include port handling, road and rail transport, and container freight services. The company's diverse operations are segmented into Coffee and related businesses, Integrated multimodal logistics, Hospitality Services, and Investment and corporate functions, with the majority of its revenue generated from coffee-related activities.

Nectar Lifesciences

Private Equity Round in 2010
Nectar Lifesciences Limited is a pharmaceutical manufacturer based in New Delhi, India, specializing in the production of active pharmaceutical ingredients (APIs) and finished dosage forms, particularly in the class of cephalosporins, which are vital antibiotics. The company provides comprehensive contract research and manufacturing services, including process development, bulk production, and analytical consulting. Its portfolio includes a wide range of APIs such as cefixime trihydrate, cefuroxime axetil, and ceftriaxone sodium. In addition to its pharmaceutical offerings, Nectar Lifesciences produces various diagnostic products and a line of menthol-based products, including menthol crystals and peppermint oils. Founded in 1995, the company operates on both domestic and international fronts, emphasizing quality and compliance in its manufacturing processes.

K. S. Oils

Post in 2009
K. S. Oils Limited is an integrated edible oil company based in Morena, India, that operates both domestically and internationally. Established in 1985, the company specializes in the production of a variety of edible oils, including mustard oil, soybean oil, sunflower oil, and palm oil, marketed under trusted brands such as Kalash, Double Sher, and K S Gold. K. S. Oils is a significant player in the mustard oil segment, holding an 11% market share overall and a 25% share in branded mustard oil. In addition to its core offerings, the company produces by-products like de-oiled mustard cakes and de-oiled soy meals, primarily used as cattle feed. K. S. Oils is also involved in commodity hedging, local trading, agricultural activities, and power generation through windmills, thereby diversifying its operations and enhancing its market presence.

Dawnay Day Group

Private Equity Round in 2008
Dawnay Day Group is a retail financial services company.

Ortel Communications

Private Equity Round in 2008
Ortel Communications Limited is a regional provider of cable television and high-speed broadband services in India, specifically serving customers in Odisha, Andhra Pradesh, Telangana, Chhattisgarh, West Bengal, and Madhya Pradesh. The company specializes in the distribution of both analog and digital cable television, alongside broadband and voice over Internet protocol services. It operates through several segments, including Cable TV, Broadband Service, and Infrastructure Leasing, offering a variety of value-added services such as high definition channels and near video on demand. Ortel employs DOCSIS technology for broadband access in homes and fiber connections for small to medium enterprises and corporate clients. Additionally, the company engages in leasing fiber infrastructure and providing signal uplinking services. Founded in 1995 and headquartered in New Delhi, Ortel Communications is currently undergoing a Corporate Insolvency Resolution Process under the Insolvency and Bankruptcy Code 2016.

Rolex Rings

Private Equity Round in 2007
Rolex Rings Pvt. Ltd. designs and manufactures hot forged rolled rings for bearing and automotive industries in India. It offers transmission components which includes gear blanks, ring gear, sun and pinion, shafts, and lock nuts; engine components which includes pulley, and cam lobs; chasis components which includes wheel hubs, gen2 and gen3 bearing components, output shafts, and CVJ components; bearing ring; and exhaust system component. Rolex Rings Pvt. Ltd. was founded in 1975 and is based in Rajkot, India.

9X Media

Private Equity Round in 2007
9X Media Private Limited is a prominent music broadcaster based in Mumbai, India, operating five music television channels: 9XM, 9X Jhakaas, 9X Jalwa, 9X Tashan, and 9XO. The channels are leaders in their respective genres, targeting youth audiences and reaching over 50 million viewers on television and 20 million on digital platforms. In addition to its music channels, 9X Media runs a Bollywood news portal called Spotboye, providing entertainment and news content. The company offers advertising services through cable, DTH, and digital platforms, enhancing its reach and engagement with audiences. Founded in 2006 and formerly known as INX Media Pvt. Ltd., 9X Media rebranded in August 2010, further solidifying its position in the Indian media landscape.

Aster

Private Equity Round in 2007
Aster Private Limited is an infrastructure engineering services company based in Hyderabad, India, specializing in power transmission and distribution, telecom infrastructure, and special structures. The company designs and supplies transmission and telecom towers, constructs transmission lines and EHV substations, and offers project management services. Aster provides distribution systems, operations and maintenance services, and engineering solutions for pre-engineered buildings. Its telecom services include network planning, cell site audits, and turnkey projects for mobile operators. Additionally, Aster manufactures and installs various structures, such as optical fiber cable networks and broadcasting towers. Established in 1998 and formerly known as Aster Teleservices Private Limited, the company has expanded its operations internationally, serving markets in several countries across Africa, the Middle East, and Asia.

Ascend Telecom Infrastructure

Venture Round in 2007
Ascend Telecom Infrastructure Pvt. Ltd., established in 2002, is a prominent independent provider of passive telecom infrastructure in India. The company specializes in telecom tower site development and offers comprehensive infrastructure support for mobile and telecom operators. As a registered Infrastructure Provider under the Department of Telecommunication, Ascend has pioneered the Build-Own-Lease model, allowing telecom giants to utilize shared infrastructure effectively. This innovative approach enables Ascend to deliver tailored solutions that meet the diverse needs of the mobile and wireless industries, positioning the company as a leading player in the telecom infrastructure sector.
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