Kedaara Capital

Kedaara Capital is a private equity firm established in 2011, with a focus on investment opportunities in India. The firm specializes in two primary areas: acquiring underperforming or non-core business units from large Indian family conglomerates and investing in emerging leaders in key sectors such as consumer goods, financial services, healthcare, and agriculture. Kedaara Capital operates with an advisory and operational team based in Mumbai, comprised of experienced professionals who have held significant roles in leading investment firms. Through its strategic investments, Kedaara aims to drive operational improvements and create value in its portfolio companies, contributing to the growth of India's economy.

Sanjeev Aga

Operating Partner

Hari Agrawal

COO

Mudit Agrawal

Associate

Pramod Bhasin

Operating Partner

Saakshi Gera

Director

Anant Gupta

Managing Director

Kartikey Gupta

Senior Vice President

Kshama Jain

Principal

Kartikeya Kaji

Managing Director

Manish Kejriwal

Co-Founder and Managing Partner

Rishiraj Khajanchi

Managing Director and CFO

Aditya Kulkarni

Associate

Vikas Kumar

Vice President

Aashwit Mahajan

Director

Rahul Mehta

Principal

Parin Mehta

Managing Director

Kabir Narula

Associate

Nishant Naveen

Principal

Saurabh Pinjani

Senior Vice President

Ashutosh Sardesai

Director

Ashay Shah

Managing Director

Purav Shah

Vice President

Rutuj Shah

Vice President

Nishant Sharma

Co-Founder and Managing Partner

Sunish Sharma

Co-Founder and Managing Partner

Vedaant Sikka

Associate

Vidur Suri

Senior Vice President

12 past transactions

Spandana Sphoorty

Post in 2022
Spandana Sphoorty Financial Limited engages in the micro finance business in India. The company offers income generation loans for low-income households; loans against property; and loans for women to expand their existing income generating activities, smoothening household cash flows, and acquiring productive assets. It also provides gold loans for agriculture, business, and short-term liquidity needs; and interim loans. The company serves low-income clients in urban and rural areas. Spandana Sphoorty Financial Limited was founded in 1998 and is based in Hyderabad, India.

Purplle

Series E in 2021
Purplle is an online store selling cosmetics, fragrances, skin, and hair care products. It gives an online space to beauty and wellness needs that showcases some of the beauty brands and products. Purplle aims to take shopping experience to a different level. Purplle was founded in 2011 and is headquartered in Mumbai, Maharashtra, India.

Veritas Finance

Series F in 2021
Veritas Finance Private Limited is a non-banking finance company based in Chennai, India, established in 2015. It primarily serves micro, small, and medium enterprises (MSMEs) in rural and semi-urban areas, addressing the financial needs of customers who often lack access to traditional banking services. The company offers a range of financial products, including working capital loans, construction loans, and financing for business expansion and asset purchases. Veritas Finance aims to positively impact the lives of individuals engaged in informal activities by providing inclusive access to financial services, thereby supporting the growth of the MSME sector in India. The organization is led by experienced professionals in the financial services industry, dedicated to simplifying the credit process for underserved communities.

Veritas Finance

Secondary Market in 2021
Veritas Finance Private Limited is a non-banking finance company based in Chennai, India, established in 2015. It primarily serves micro, small, and medium enterprises (MSMEs) in rural and semi-urban areas, addressing the financial needs of customers who often lack access to traditional banking services. The company offers a range of financial products, including working capital loans, construction loans, and financing for business expansion and asset purchases. Veritas Finance aims to positively impact the lives of individuals engaged in informal activities by providing inclusive access to financial services, thereby supporting the growth of the MSME sector in India. The organization is led by experienced professionals in the financial services industry, dedicated to simplifying the credit process for underserved communities.

Veritas Finance

Series E in 2020
Veritas Finance Private Limited is a non-banking finance company based in Chennai, India, established in 2015. It primarily serves micro, small, and medium enterprises (MSMEs) in rural and semi-urban areas, addressing the financial needs of customers who often lack access to traditional banking services. The company offers a range of financial products, including working capital loans, construction loans, and financing for business expansion and asset purchases. Veritas Finance aims to positively impact the lives of individuals engaged in informal activities by providing inclusive access to financial services, thereby supporting the growth of the MSME sector in India. The organization is led by experienced professionals in the financial services industry, dedicated to simplifying the credit process for underserved communities.

Ami Lifesciences

Private Equity Round in 2020
Operator of a research-based integrated active pharmaceutical ingredient (API) manufacturing pharmaceutical company based in Vadodara, India. The company offers services catering to scientific research, development, and contract manufacturing as well as the custom synthesis of new chemical entities, delivering increased numbers of products in larger volumes.

Lenskart

Series F in 2019
Lenskart Solutions Private Limited operates as a prominent online eyewear retailer in India, offering a wide range of products including prescription glasses, sunglasses, and contact lenses for men, women, and children. Established in 2008 and based in New Delhi, the company has expanded its presence through numerous retail stores across various cities in India. Lenskart is known for its user-friendly online platform, where customers can select from over 500 designs of eye frames and enjoy features like 48-hour free home delivery and a 365-day return policy. The company provides an extensive selection of contact lenses from leading brands, catering to diverse customer needs. Additionally, Lenskart offers home eye check-up services in several major cities, enhancing customer convenience and accessibility to eye care.

Aavas Financiers

Post in 2018
Aavas Financiers Limited is a housing finance company that specializes in providing loans primarily to low and middle-income customers in semi-urban and rural areas of India. The company offers a range of financial products, including home loans for purchasing or constructing residential properties, land purchase and construction loans, home improvement loans, and home equity loans. Additionally, Aavas provides micro, small, and medium enterprise loans aimed at supporting business expansion and working capital needs. Operating through a network of branches across various states, including Rajasthan, Maharashtra, and Gujarat, Aavas Financiers focuses on serving the underserved segments of the housing market. Established in 2011 and headquartered in Jaipur, the company was initially known as AU Housing Finance Limited before rebranding in 2017. As of mid-2020, Aavas Financiers Limited was taken private.

Spandana Sphoorty

Venture Round in 2017
Spandana Sphoorty Financial Limited engages in the micro finance business in India. The company offers income generation loans for low-income households; loans against property; and loans for women to expand their existing income generating activities, smoothening household cash flows, and acquiring productive assets. It also provides gold loans for agriculture, business, and short-term liquidity needs; and interim loans. The company serves low-income clients in urban and rural areas. Spandana Sphoorty Financial Limited was founded in 1998 and is based in Hyderabad, India.

Spandana Sphoorty

Venture Round in 2017
Spandana Sphoorty Financial Limited engages in the micro finance business in India. The company offers income generation loans for low-income households; loans against property; and loans for women to expand their existing income generating activities, smoothening household cash flows, and acquiring productive assets. It also provides gold loans for agriculture, business, and short-term liquidity needs; and interim loans. The company serves low-income clients in urban and rural areas. Spandana Sphoorty Financial Limited was founded in 1998 and is based in Hyderabad, India.

Vijaya Diagnostic Centre

Series A in 2017
Vijaya Diagnostic Centre Pvt Ltd. is a leading provider of diagnostic services in India, established in 1981 and headquartered in Hyderabad. The company operates a network of diagnostic centers across Southern India, including cities such as Kolkata, Chennai, Warangal, and Nizamabad. It offers a wide range of services, including radiology and imaging, nuclear medicine, digital X-ray, mammography, ultrasound, PET-CT, magnetic resonance imaging, and diagnostic cardiology. Additionally, Vijaya Diagnostic Centre provides various preventive health check packages tailored to different needs, such as master health checkups, cardiac profiles, and specialized health screenings for women and children. The company's focus on patient-oriented services and comprehensive health solutions positions it as a one-stop destination for both routine and advanced diagnostic testing.

Vijaya Diagnostic Centre

Venture Round in 2016
Vijaya Diagnostic Centre Pvt Ltd. is a leading provider of diagnostic services in India, established in 1981 and headquartered in Hyderabad. The company operates a network of diagnostic centers across Southern India, including cities such as Kolkata, Chennai, Warangal, and Nizamabad. It offers a wide range of services, including radiology and imaging, nuclear medicine, digital X-ray, mammography, ultrasound, PET-CT, magnetic resonance imaging, and diagnostic cardiology. Additionally, Vijaya Diagnostic Centre provides various preventive health check packages tailored to different needs, such as master health checkups, cardiac profiles, and specialized health screenings for women and children. The company's focus on patient-oriented services and comprehensive health solutions positions it as a one-stop destination for both routine and advanced diagnostic testing.
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