Zephyr Management

Since 1994, they have sponsored 22 funds with approximately $1.2 billion in committed capital which are managed from their offices in New York, London and Bangalore. With a global network of partners, Zephyr is positioned to identify sustainable secular growth changes which lead to attractive investment opportunities for their investors. While their focus is on the creation and execution of innovative investment strategies, the operating style is conservative and sustainable. Managers strictly adhere to their respective mandates and investments are selected based on rigorous fundamental research. Today, Zephyr manages investment funds in India and Sri Lanka, and they are actively researching new investment opportunities around the world.
SC

Stephen Canter

MD

Andrea Geisser

Senior Advisor

MG

Mukul Gulati

Managing Partner

HH

Herbert Hatanga

Principal and Investment Manager

TK

Tina Keriazes

Head of Client Services

AK

Amit Khetan

Associate

Abhijeet Kudva

Principal

MM

Mike Mbari

Investment Manager

Sean R. Nowak

Partner and Advisor

GP

Girish Patil

MD

Pankaj Raina

MD, Research and Investments

PR

Prasad Ramaswamy

MD, Finance

33 past transactions

Arifu

Private Equity Round in 2021
Arifu develops a platform which hosts education content developed by various organizations with a focus on farming techniques and financial literacy. The company develops an SMS chatbot accessible by any phone. The company provides Adaptive Learning System which measures individual user needs and capabilities over web and SMS. It also designs and develops behaviourally-informed training, advertising, and data collection programs. Arifu was founded in 2013 and is headquartered in Nairobi, Kenya.

Custos Media Technologies

Private Equity Round in 2021
Custos uses imperceptible watermarking technology and the blockchain to protect digital media files from online piracy. Our SaaS solution, Screenercopy.com, helps filmmakers and distributors to securely distribute their content. To date, over 120 000 movies have been distributed and protected with the technology, all without a single leak. Custos is already protecting ebooks too and is partnering with key market players to expand into music and sensitive document protection.

Blink

Seed Round in 2015
Blink is a platform that connects the world’s best storytellers to companies that have a story to tell. Boasting an extensive network of photographers, photojournalists, documentary filmmakers, writers, editors and producers, Blink can connect you with storytellers with a range of skill sets available in 180 countries in real-time. A service that Blink offers is Concierge; which helps you to create impactful visuals at scale. We handle all creative, production and commissions by leveraging our global network of contracted freelancers. Working in-house with an experienced team of directors, producers and editors, we produce ready-to-use, high-quality content.

20Cube Logistics

Private Equity Round in 2013
20Cube Logistics Pte Ltd. provides freight management and integrated logistics solutions that deliver cargo by sea and air. Its freight management services include regular NVOCC services, regular air freight, sea freight, freight risk management, charters, air and ocean consolidations, groupage services, 4PL freight management, project cargo services, end to end freight programs, and customs brokerage.

Antara Health

Seed Round in 2021
Antara, Inc. provides research and shop services for various health coverage and related products offered by third parties. The company offers appointment and referrals, physical therapy, fitness and nutritional support, medication services and home delivery, virtual care, care management support and follow up, health education, national hospital insurance funds (NHIF) enrollment, preventive healthcare, emergency transport, and other related services. The company was founded in 2019 and is based in Sanford, North Carolina.

ZUMI

Private Equity Round in 2021
ZUMI connects apparel wholesalers and retailers in a transparent, affordable marketplace. It empowers women retailers with the technology, logistics, and financial services to scale. Through ZUMI, customers order via SMS, call, or with a ZUMI Agent. It collects orders from suppliers early each morning. Its logistics partners deliver to customers within 18 hours of ordering then customers pay with mobile money. ZUMI was founded in 2016 and is headquartered in Nairobi, Kenya.

Panasian Power PLC

Private Equity Round in 2019
Panasian Power PLC, together with its subsidiaries, generates and supplies hydro and solar power in Sri Lanka. The company owns and operates the Rathganga mini hydropower project with a generation capacity of 3 megawatts (MW) located in Ratnapura District; Manelwala mini hydropower project with a generation capacity of 2.4MW at Walapane; and Padiyapelella mini hydropower project with a generation capacity of 3.5MW at Padiyapelella. It also operates 400Kw rooftop solar power project in Boralesgamuwa; and 800Kw rooftop solar power project in Kohuwala and Kolonna, as well as 1MW ground solar project. The company was founded in 2002 and is headquartered in Colombo, Sri Lanka.

Antara Health

Private Equity Round in 2021
Antara, Inc. provides research and shop services for various health coverage and related products offered by third parties. The company offers appointment and referrals, physical therapy, fitness and nutritional support, medication services and home delivery, virtual care, care management support and follow up, health education, national hospital insurance funds (NHIF) enrollment, preventive healthcare, emergency transport, and other related services. The company was founded in 2019 and is based in Sanford, North Carolina.

Waterfield Advisors

Series A in 2019
Waterfield Advisors'​ core business objective is to preserve and enhance its client’s wealth both personal as well as business. In our endeavour to achieve this we maintain complete independence from product manufacturers making the entire financial services space our landscape. We are solely client focused and derive pride from our commitment to keep our client's best interest at the forefront of our advisory practice. We firmly believe that it is our "client first"​ approach to advisory services that sets us apart. Waterfield Advisors'​ two broad service offerings include - Family Office and Corporate Advisory Services. Company Specialties: Family Office Services, Corporate Advisory Services, Corporate Treasury Advisory Services, and Generational Wealth Transfer.

Aizant

Private Equity Round in 2011
Aizant is a contract research organization, provides integrated drug development solutions. It offers solutions for preformulation, formulation development of conventional and novel drug delivery products, analytical development, cGMP scale-up, commercial manufacturing, bioavailability, bioequivalence, dosage form development, clinical research, project management, bioanalytical development, pharmacokinetics, biostatistics, and clinical diagnostics.

Ripplr

Series A in 2021
Ripplr is a full stack tech distribution and logistics player.

20Cube Logistics

Private Equity Round in 2016
20Cube Logistics Pte Ltd. provides freight management and integrated logistics solutions that deliver cargo by sea and air. Its freight management services include regular NVOCC services, regular air freight, sea freight, freight risk management, charters, air and ocean consolidations, groupage services, 4PL freight management, project cargo services, end to end freight programs, and customs brokerage.

Yum Kenya

Private Equity Round in 2018
Yum Kenya is an online food ordering service based in Kenya. It enables users to browse through the menus of a wide range of Nairobi restaurants, place an order, and pay online. Yum Kenya was founded in 2012 and is based in Nairobi, Kenya.

Cleanline Linen Management

Private Equity Round in 2016
Cleanline Linen Management (Private) Ltd (CLM) has established a centralized laundry processing facility to offer international standard fully-fledged laundry services to hospitality sector clients in Sri Lanka. CLM enables hotels to outsource this task by providing a full cycle laundry service, from collection of soiled F&B, bedroom and pool linen and uniforms to washing and processing through to delivery of clean goods back to the respective clients. CLM has adopted environmentally sustainable measures exceeding regulatory requirements to conduct the laundry operations.
Shiksha Financial Services India Private Limited operates as a non-bank finance company that provides loans for asset creation, working capital, and school fees in the education sector in India. The company offers asset finance loans for the creation of infrastructure and assets primarily to private schools, vocational institutes, employment focused courses, and polytechnics coaching centers, as well as to schools’ vendors against supply of goods and/or services to schools. Its portfolio includes student loans for a group of parents through a school or an employer. The company was founded in 2014 and is based in Chennai, India.

4G Capital

Series B in 2020
4G Capital provides instant access credit for small business growth in Africa. The company provides unsecured debt funding to self-employed informal market traders. Its clientele include owner-operators of micro businesses in low income informal markets; business cycles; rural and urban markets, such as agriculture, trade, and household goods; entrepreneurs; resilient customers; and female traders. The company was founded in 2013 and is based in Nairobi, Kenya.

Varthana

Series B in 2016
Varthana provides loans and support for affordable private schools. They are a Non-Banking Financial Company (NBFC) headquartered in Bangalore, India.

GET IT Rwanda

Private Equity Round in 2021
GET IT is providing produce and dry goods delivery services, including cold storage, beginning with hotels and restaurants. Through its focus on systems, training and superior execution, GET IT seeks to solve the deficiency of cold storage and logistics services in Rwanda and beyond. The company sources produce directly from farmers, cutting out several middlemen who add little value, providing higher quality products at lower cost. GET IT is also introducing new, high demand products to the East African market.

Ed Partners

Seed Round in 2021
Ed Partners Africa is a non-banking financial institution that transforms the education sector through working with school owners of affordable schools by providing financial solutions.

Shortlist

Seed Round in 2017
Shortlist works in India and East Africa to help growing enterprises hire based on skills and potential, rather than pedigree. The Shortlist platform screens candidates using predictive chat-based interviews and online competency-based assessments, letting employers skips the most time-consuming and bias-prone phases of hiring.
Swarna Pragati Housing Microfinance provides housing microfinance loan products for low-income households in rural areas in India. It offers housing loans for fresh repairs, up-gradation, and construction of a full-fledged house. Swarna Pragati Housing Microfinance also provides incremental housing loan for various components, such as laying foundation, plinth level construction, tiled roofing, pucca flooring, fixing wooden doors/windows, etc. Ramesh Kumar founded it in 2010, with its headquarters in Chennai in India.

e2E RAIL

Venture Round in 2012
e2E RAIL Group, a rail services company, provides engineering solutions for freight, urban, and mainline transport providers in India and internationally. The company offers consultancy, design, execution support, operation and maintenance, and personnel training services for railway infrastructure projects. Its services cover signaling design, OLE design, track design, signaling testing, and railway consultancy. e2E RAIL Group is based in Bengaluru, India. It also has locations in the United Kingdom, Saudi Arabia, Malaysia, Indonesia, and Australia.

Fingerlix

Series C in 2019
Launched in 2016, Fingerlix is the brainchild of 4 foodies. Their purpose is to spread Joy through food by easing up cooking and exploration. They believe that Joy stems from spending more time with family and less time in the kitchen. Joy is maximum when they discover something new and different that entices their taste buds. Joy also comes from making healthier, happier food choices that leave us with a feeling of goodness. Through their Ready-to-Cook & Ready-to-Eat food options, they want to be a part of your cooking journey, partnering you, everyday - day after day. And they do their best to make that happen – sourcing choicest ingredients, maintaining extremely high hygiene standards and above all, inspiring your magical touch to transform every dish into ‘Your dish’.
Trimax IT Infrastructure & Services Limited provides various information technology (IT) services and solutions in India. Its enterprise solutions include compute infrastructure solutions that involve the supply and installation of desktop and laptop computers, servers, operating systems, and commercial off-the-shelf software, as well as data storage; network infrastructure solutions comprising networking and infrastructure components, such as routers, switches, firewalls, intrusion prevention system/intrusion detection system, uninterruptible power supply (UPS), DG sets, precision AC components, UPS solutions, and fire suppression systems; and software solutions consisting of customized software and business applications.

MPOWER Financing

Series A in 2016
MPOWER Financing, Public Benefit Corporation provides educational loans to international and DACA students studying in the United States and Canada. The loans provided by the company can be used to cover student related expenses such as basic tuition, housing, food, insurance, and books. The company also provides flexible funding options. Additionally, the company has partnered with different universities to identify potential candidates for loans. MPOWER Financing, Public Benefit Corporation was incorporated in 2014 and is based in Washington, District Of Columbia.

Fingerlix

Series B in 2017
Launched in 2016, Fingerlix is the brainchild of 4 foodies. Their purpose is to spread Joy through food by easing up cooking and exploration. They believe that Joy stems from spending more time with family and less time in the kitchen. Joy is maximum when they discover something new and different that entices their taste buds. Joy also comes from making healthier, happier food choices that leave us with a feeling of goodness. Through their Ready-to-Cook & Ready-to-Eat food options, they want to be a part of your cooking journey, partnering you, everyday - day after day. And they do their best to make that happen – sourcing choicest ingredients, maintaining extremely high hygiene standards and above all, inspiring your magical touch to transform every dish into ‘Your dish’.

Miles Software Solutions (P) Ltd.

Private Equity Round in 2008
Miles Software Solutions P Ltd. develops MoneyWare, a wealth management platform that allow wealth managers to run their business life cycle ranging from front office to back office. The company also offers asset management software; collateral and loan management software for capital markets; custody software; investment compliance monitoring solutions; and trust banking and Islamic wealth solutions. In addition, it offers investment compliance monitoring, global disclosures monitoring, alternative investment fund managers’ directive, and depositary oversight solutions; and InvestmentPro, an optimal investment management solution. Further, the company offers FundWare EDM, an enterprise data management solution; business analytics and reporting services; Software-as-a-Service compliance and regulatory reporting solutions; and support and integration, and managed services; and support and integration, and managed services. It serves private banking institutions, asset management companies, brokerage firms, trust banks, wealth advisors, financial institutions, and family offices in India and internationally. The company founded in 1999 and is based in Mumbai, India with additional offices in Dubai, United Arab Emirates; Makati City, Philippines; and London, United Kingdom. It has a development center in Thane, India. As of September 4, 2018, Miles Software Solutions P Ltd. operates as a subsidiary of Ebix Payment Services Pvt Ltd.

Fingerlix

Series A in 2017
Launched in 2016, Fingerlix is the brainchild of 4 foodies. Their purpose is to spread Joy through food by easing up cooking and exploration. They believe that Joy stems from spending more time with family and less time in the kitchen. Joy is maximum when they discover something new and different that entices their taste buds. Joy also comes from making healthier, happier food choices that leave us with a feeling of goodness. Through their Ready-to-Cook & Ready-to-Eat food options, they want to be a part of your cooking journey, partnering you, everyday - day after day. And they do their best to make that happen – sourcing choicest ingredients, maintaining extremely high hygiene standards and above all, inspiring your magical touch to transform every dish into ‘Your dish’.

Pennar Engineered Building Systems

Private Equity Round in 2013
Pennar Engineered Building Systems designs, manufactures, supplies, services, and installs pre-engineered steel buildings and building components in India and internationally. The company offers buildings and framings; building components, including main frames, and panels and insulation, as well as purlins, grits, and eave struts; and building additions, such as fascias, roof monitors, mezzanine floors, roof extensions, canopies, crane systems, and interior partitions and roof platforms.
ALFILO Entertainment & Artists Corp, a consumer products company, provides a portfolio of cultural and entertainment intellectual property to brands, retailers, and consumers that inspire product collaboration, experiences, and collections. It helps Hollywood movies, TV shows, and celebrities connect with the people in Asia through digital platforms, such as mobile games, emoji, and wallpapers, as well as through licensed merchandise sold in the retail stores in Asia. The company was founded in 2013 and is headquartered in Shanghai, China with additional offices in Beijing, Guangzhou, Amsterdam, Los Angeles, and Singapore.

Waterfield Advisors

Venture Round in 2019
Waterfield Advisors'​ core business objective is to preserve and enhance its client’s wealth both personal as well as business. In our endeavour to achieve this we maintain complete independence from product manufacturers making the entire financial services space our landscape. We are solely client focused and derive pride from our commitment to keep our client's best interest at the forefront of our advisory practice. We firmly believe that it is our "client first"​ approach to advisory services that sets us apart. Waterfield Advisors'​ two broad service offerings include - Family Office and Corporate Advisory Services. Company Specialties: Family Office Services, Corporate Advisory Services, Corporate Treasury Advisory Services, and Generational Wealth Transfer.

Asoko Insight Limited

Series A in 2018
Asoko Insight is Africa’s leading corporate information platform, providing market mapping solutions to investment firms, banks, corporates and governments looking for research on Africa’s key private sector landscapes. Users can access industry reports, supply chain analyses, and a database of companies to help with origination, business development and due diligence. The company's local research analysts, based out of several regional offices, work with executives and data partners to monitor corporate data from key companies in the region. As Asoko consolidates their footprint in the largest economies, they are also expanding data collection operations to surrounding countries across the continent.

Metro Telworks

Private Equity Round in 2010
Metro Telworks provides wireless services for cellular operators in India. It offers wireless services, which include network planning, RF planning and design, RF optimization, network performance and support, switch planning, IP planning, project management, transmission planning, and in-building services; and software services, such as JAVA development, dot net development, maintenance and support, and technical services. The company also distributes software products, such as products to manage network traffic and collect user intelligence; compression devices; revenue assurance and fraud prevention solutions; mobile email-based messaging solutions; and products that enable users to synchronize between information on the subscriber's mobile device to the service provider's server. Metro Telworks was incorporated in 2004 and is headquartered in Ahmedabad, India.