Tata Capital

Tata Capital Financial Services Limited is a non-banking finance company based in Mumbai, India, and operates as a subsidiary of Tata Capital Limited. Established in 2010, it provides a wide range of financial services to retail, corporate, and institutional clients. The company’s offerings include loans for vehicles, personal and business loans, loans against property and securities, as well as various commercial finance products such as term loans and working capital solutions. Additionally, Tata Capital engages in investment activities, offering wealth management, financial advisory, and distribution of financial products, including insurance and mutual funds. Its private equity arm specializes in buyouts and growth capital investments across various sectors, focusing on stressed small and medium-sized enterprises. Tata Capital aims to address diverse financial needs, making it a comprehensive financial services provider in India.

Pramod Ahuja

Investment Committee Member, Founding Partner, ESG Officer, with Consumer focus

Sarosh Amaria

Managing Director

Akhil Awasthi

Managing Partner, Head of the business and Member Investment Committee

Rishaad Bilimoria

Partner, Tata Capital Healthcare Fund

Vineet Chadha

Partner, Tata Capital Innovations Fund

Visalakshi Chandramouli

Founding Partner and Managing Partner of Tata Capital Healthcare Fund

Sanjay Chaudhary

Partner, Tata Capital Growth Fund, Investment committee member

Vamesh Chovatia

Partner of Tata Capital Healthcare Fund

Vaibhav Ghadge

Partner, Innovations Fund and Head - Structured Finance and Transition Finance Credit

Sandeep Lal

Principal, Tata Capital Healthcare Fund

Ritesh Mandot

Partner, Tata Opportunities Fund

Ganesh Ramakrishnan

Principal, Tata Capital Growth Fund

Joe Sovran

Vice President

Vaithianathan Ramachandran

Managing Director

Madhusudan Rajagopalan Ph.D

Principal, Tata Capital Growth Fund

35 past transactions

Aarthi Scans and Labs

Private Equity Round in 2022
Aarthi Scans and Labs operates a network of diagnostic centers that deliver high-quality imaging and laboratory testing services. The company offers a wide range of diagnostic procedures, including computed tomography, magnetic resonance imaging, x-ray and ultrasound scans, as well as mammograms. Aarthi Scans and Labs is committed to providing these essential services at transparent and affordable prices, ensuring accessibility for patients in their local communities. By prioritizing quality and affordability, the organization aims to meet the diagnostic needs of a diverse patient population.

DeepTek

Series A in 2022
AI is a technology for the people. AI has the power and potential to radically transform healthcare. Deeptek will use in-house innovated "assisted and augmented" (AaA) imaging focused algorithmic tools designed by our experts and covering a wide arena of medical imaging like Radiographs, CT Scan and MRI. Deeptek's aim is to save hundreds of hours of valuable time of caregivers of the society, in our case radiologists! Saved time means additional reach of caregivers in treating more individuals in need of care and giving prompt results in time. Saved time on workflow management amounts to drastic saving in cost of healthcare by appropriate use of valuable time of experts like radiologists. DeepTek's vision will be to provide cutting edge solutions powered by deep learning algorithms which will bridge the wide gap in the imaging sector empowering radiologists with power which can potentially disrupt the dynamics of radiology workflow. Deeptek uses the latest technology to POWER ON the grid of medical radiology imaging. Be it the cloud powered GPU offerings which trigger the artificial neural networks, deep neural nets customized to the task at hand to advanced API, seamless interfaces and simple to use GUI, the radiologists will have it all on a platter. Deeptek's offerings will change your workstations and mobile devices to dependable analytical tools, which gives radiologists the confidence, reach and benefits of AI tech so that you could do more in less time.

ZingHR

Venture Round in 2022
ZingHR is a developer of a human resource management platform that caters to various industries including financial services, retail, information technology, healthcare, and manufacturing. The company offers a comprehensive suite of solutions designed to enhance business outcomes and improve employee experiences through an employee-centric and mobile-first approach. ZingHR's platform encompasses a wide range of functionalities, including payroll, performance management, talent acquisition, onboarding, training, attendance, and expense management. By utilizing AI-enabled technology and user-friendly systems, ZingHR provides organizations with tools to align strategies and enhance team performance across all stages of the employee lifecycle, from onboarding to exit. With support for over 20 languages, ZingHR aims to deliver an unparalleled user experience while helping organizations optimize their human capital management processes.

Virescent Renewable Energy Trust

Debt Financing in 2021
Virescent Renewable Energy Trust's objective is to make responsible investments in renewable and sustainable energy projects.

Eldeco Group

Debt Financing in 2021
Eldeco Group has been in the real estate business from 1975 and since then, it has delivered more than 150 successful projects. With more than 35 years of experience in the construction industry, it has managed to become one of the leading names in the real estate sector of North India. Be it spanning townships, high-rise condominiums, office complexes, industrial estates or malls, this real estate group constructs every project with excellent quality and superior construction technology to ensure high level of consumer satisfaction.

Biocon

Private Equity Round in 2020
Biocon Biologics Limited, based in Bengaluru, India, is a subsidiary of Biocon Limited and specializes in the development and manufacturing of biosimilars and novel biologics. Founded in 2016, the company focuses on creating high-quality, affordable biosimilars to enhance patient access to advanced therapies globally. Its product portfolio includes recombinant human insulin, insulin analogs, monoclonal antibodies, and therapeutic proteins aimed at treating various conditions such as diabetes, cancer, and autoimmune diseases. Biocon Biologics operates in multiple markets, including India, the U.S., and Europe, and is committed to the humanitarian responsibility of providing essential drugs through innovative solutions. The company also engages in contract research and manufacturing services through its subsidiary, Syngene, further strengthening its position in the biopharmaceutical sector.

Indusface

Venture Round in 2020
Indusface Private Limited specializes in developing security software solutions that focus on application security. The company offers a range of services, including web application scanning, web application firewalls, mobile application scanning, and Secure Sockets Layer (SSL) certificates to ensure secure communication. Additionally, Indusface provides cloud security solutions such as AppTrana and TAS for AWS, designed to detect, monitor, and protect web applications while also offering security testing for mobile applications. The company serves a diverse client base across various sectors, including banking, finance, insurance, government, pharmaceuticals, information technology, and telecommunications. Founded in 2004 and headquartered in Vadodara, India, Indusface has expanded its presence with offices in Bengaluru, Mumbai, Delhi, and South San Francisco, California. Its fully managed security solution includes continuous monitoring for threats, DDoS mitigation, and 24/7 expert support, allowing clients to focus on their business growth while ensuring robust security measures are in place.

Alef Edge

Funding Round in 2017
AlefEdge is a leader in the Edge Internet, delivering the power of the 5G based Edge Internet to application developers through our easy-to-use technologies. At AlefEdge, rich media applications, clouds and networks work in tandem to achieve an unprecedented level of performance. We enable 5G applications through open API’s at the Edge that make service adoption and distribution friction free. AlefEdge works with partners to build the world’s first Edge applications that leverage and realize Virtual and Augmented Reality, Artificial Intelligence, Industry 4.0, Smart Cities, IoT and Gaming. The AlefEdge Open5G Platform brings 5G applications to life, unleashing a massive Edge Internet economy.

Lendingkart

Debt Financing in 2017
Lendingkart Technologies Private Limited is a fintech company based in Ahmedabad, India, that specializes in providing working capital loans and other financing solutions for small and medium enterprises (SMEs). Founded in 2014, the company employs advanced technology and big data analytics to assess the creditworthiness of borrowers efficiently. Lendingkart offers a range of financial products, including business loans, MSME loans, and short-term loans, aimed at facilitating access to credit for small businesses in India. Its application, LENDINGKART, streamlines the loan application process, enabling users to receive loan sanctions quickly. With additional offices in Bengaluru and Mumbai, Lendingkart is focused on transforming small business lending by making it more accessible and convenient for entrepreneurs.

Brinton Pharmaceuticals

Venture Round in 2017
Brinton Pharmaceuticals Ltd. is a pharmaceutical company that focuses on researching, developing, manufacturing, marketing, and selling a diverse range of products. Founded in 2013 and headquartered in Pune, India, the company offers solutions for both infectious and non-infectious skin disorders, including treatments for acne, fungal infections, skin protection, and hair care, as well as products aimed at women’s health, neurological disorders, and pediatric care. Brinton Pharmaceuticals serves a global clientele, catering to both patients and healthcare professionals. The company operates additional offices in the United Kingdom, the United States, and Ghana, positioning itself as a rapidly growing entity in the pharmaceutical sector with a commitment to delivering safe and innovative medical solutions that address unmet medical needs.

Farcast

Series B in 2016
Farcast is a clinical diagnostic company dedicated to providing personalized cancer treatment solutions. Its core technology utilizes a human tumor microenvironment to enable oncologists and drug developers to assess individual tumors and determine their treatment response profiles. This innovative approach aims to surpass traditional biomarker-guided strategies, thereby enhancing access to personalized medicine and improving the clinical management of cancer. Headquartered in Boston, Massachusetts, Farcast also operates a laboratory in Bangalore, India, reflecting its commitment to advancing cancer care through cutting-edge technology.

Sai Life Sciences

Series D in 2016
Sai Life Sciences Ltd. specializes in the discovery, contract development, and manufacturing of pharmaceuticals for clients in the biotechnology and pharmaceutical sectors. The company offers a comprehensive range of services, including discovery solutions such as synthetic and medicinal chemistry, toxicology, and pharmacology, as well as development services like analytical method validation, stability studies, and formulation development. Additionally, Sai Life Sciences provides manufacturing capabilities for late-phase and commercial products, along with technology transfer services. With a presence in key markets including India, the United States, the European Union, and Japan, the company has established research and manufacturing facilities in Hyderabad, Pune, Bidar, Cambridge, and Manchester. Founded in 1999 and formerly known as SAI Advantium Pharma Limited, Sai Life Sciences is focused on helping its clients accelerate the development of innovative medicines while minimizing risks and costs.

Alef Edge

Venture Round in 2016
AlefEdge is a leader in the Edge Internet, delivering the power of the 5G based Edge Internet to application developers through our easy-to-use technologies. At AlefEdge, rich media applications, clouds and networks work in tandem to achieve an unprecedented level of performance. We enable 5G applications through open API’s at the Edge that make service adoption and distribution friction free. AlefEdge works with partners to build the world’s first Edge applications that leverage and realize Virtual and Augmented Reality, Artificial Intelligence, Industry 4.0, Smart Cities, IoT and Gaming. The AlefEdge Open5G Platform brings 5G applications to life, unleashing a massive Edge Internet economy.

Sea6 Energy

Series A in 2015
Sea6 Energy Pvt. Ltd. is an innovative company based in Bengaluru, India, that specializes in the cultivation and conversion of seaplants into biofuels and other bio-renewable products. Founded in 2010, the company focuses on harnessing the potential of the oceans to create sustainable solutions in energy and agriculture. Sea6 Energy develops technologies for managing biomass from floating farms and produces a range of products, including biofuels, plant growth stimulants, animal feed ingredients, and natural compounds for cosmetics. With a team of professionals from diverse fields such as marine biology and bioprocess engineering, the company aims to establish a new economy centered around marine biomass, effectively contributing to sustainability by minimizing waste and replacing traditional chemicals and plastics.

Nearex

Series B in 2015
Nearex Pte Ltd. develops a mobile micropayment solution for small merchants and consumers in Singapore. It offers Xip, a micropayment system that integrates with existing mobile wallets, electronic banking accounts, and telecom networks. The company’s Xip micropayment system enables merchants to enter amount on XipPOS, a mobile POS for merchants; and customers to tap on XipTAG, which is a contactless card, as well as notifies petty amount payments on customers’ phone and large amounts through customers’ phone/XipPOS. It serves credit and debit card users; and mobile money service providers. The company was founded in 2012 and is based in Singapore.

Alef Edge

Funding Round in 2015
AlefEdge is a leader in the Edge Internet, delivering the power of the 5G based Edge Internet to application developers through our easy-to-use technologies. At AlefEdge, rich media applications, clouds and networks work in tandem to achieve an unprecedented level of performance. We enable 5G applications through open API’s at the Edge that make service adoption and distribution friction free. AlefEdge works with partners to build the world’s first Edge applications that leverage and realize Virtual and Augmented Reality, Artificial Intelligence, Industry 4.0, Smart Cities, IoT and Gaming. The AlefEdge Open5G Platform brings 5G applications to life, unleashing a massive Edge Internet economy.

Shriji Polymers

Private Equity Round in 2015
Shriji Polymers is a plastic packaging solution provider in the global pharma space. Its comprehensive portfolio of products include HDPE Bottles, PP caps (both CT & CR) and other speciality plastic products like derma bottles, tablet applicators, dosing cards and similar self-administered metered dosing devices.

Sparsh Nephrocare

Series A in 2014
Sparsh Nephrocare focuses on making dialysis treatment accessible to kidney failure patients throughout India and South East Asia. It operates in-hospital dialysis units and standalone dialysis therapy centers, utilizing advanced machines and employing well-trained technicians. The company has introduced innovative concepts such as the in-hospital dialysis center and has established dialysis facilities through Public Private Partnership (PPP) models with leading government institutions. By managing the complete operations of these centers and ensuring that all medical records are stored electronically in compliance with NABH norms, Sparsh Nephrocare aims to alleviate the operational burdens faced by hospital management. The organization is committed to creating a comprehensive ecosystem that enhances the accessibility and quality of renal care for patients in the region.

Innoviti

Seed Round in 2014
Innoviti Payment Solutions Pvt. Ltd. specializes in developing payment processing, credit distribution, and payments management software solutions. Based in Bengaluru, India, the company offers a range of products including uniPAY, a unified payment and card management system for retailers; quickEMI, which allows consumers to make installment payments on their credit cards; pgEMI, enabling installment payments for purchases; and fastCollect, an automated collection technology designed for banks and retailers, including online megastores. Innoviti serves various markets such as retail, mobile, lifestyle, entertainment, jewelry, education, transportation, hospitality, wellness, healthcare, and banking. Established in 2002, Innoviti was previously known as Innoviti Embedded Solutions Pvt. Ltd.

Sandor

Seed Round in 2014
Sandor Medicaids Pvt. Ltd. is a nationwide distribution company specializing in supplies to hospitals and government institutions. It has developed efficient systems and capabilities to supply specialty drugs, device and equipment to hospitals. Since its inception in 1995 in Hyderabad, the company has focused on bringing high-tech biomedical and biotechnology products into India. Sandor has been the first company to bring “Point of Care” concept to the Indian ICU in 1996 by launch of i-stat, a state of the art product for emergency monitoring of patients. The company started as a sales, marketing and distribution company and over time evolved as a nationwide distribution, sales and marketing company by 2008 when Genzyme launched their operations in India. It can today boast of a national level distribution network with 21CFR compliant cold chain facilities covering most of Indian states. Our efficient and compliant 20 branch distribution network supports drug and device manufacturers launch products with ready access to more than 3000 hospitals across India. The company today has more than 180 vendor registrations in Government and private Institutions making it the only partner for foreign or domestic manufacturers to bring their products to hospitals at the most economical costs while maintaining the highest ethical standards. The company has over time developed a strong sales and marketing team which is helping it launch own branded products in select therapeutic area like Critical Care, Nephrology and Transplantation and Pain Management. Our strong presence in Government Institutions has ensured direct sales to all users without help of any sub dealer or liaison agents. The company also provides complete regulatory support to partners and has in-house pharmacovigilance function besides having a strong custom clearing department. A firm foothold in the Indian Hospital procurement system has made Sandor a partner of choice for any new launch of medical drugs, devices and equipment in the Indian Hospital System.

Farcast

Series B in 2013
Farcast is a clinical diagnostic company dedicated to providing personalized cancer treatment solutions. Its core technology utilizes a human tumor microenvironment to enable oncologists and drug developers to assess individual tumors and determine their treatment response profiles. This innovative approach aims to surpass traditional biomarker-guided strategies, thereby enhancing access to personalized medicine and improving the clinical management of cancer. Headquartered in Boston, Massachusetts, Farcast also operates a laboratory in Bangalore, India, reflecting its commitment to advancing cancer care through cutting-edge technology.

IFMR Rural Channels and Services

Venture Round in 2013
IFMR Rural Channels and Services Private Limited (IRCS), established in August 2011 by IFMR Trust, aims to enhance access to financial services for individuals and enterprises in remote rural areas of India. The organization focuses on creating a network of branches that provide a diverse range of financial products, including credit, investments, savings, pensions, remittances, and insurance. By targeting financially excluded households and businesses, IRCS seeks to empower these communities and facilitate their financial inclusion.

Vaultize

Series A in 2013
Vaultize is an enterprise platform focused on ensuring end-to-end file security through its comprehensive suite of services, which includes information and digital rights management, secure file sharing, data protection, and data loss prevention. The company adopts an information-centric approach to manage, secure, and control data within organizations. Established in 2010, Vaultize Technologies operates in over 30 countries, including the United States, Singapore, and India, leveraging a network of resellers, distributors, system integrators, and managed service providers. The platform addresses security, data loss, and compliance risks associated with consumer file sharing and the increasing mobility of data, providing continuous protection and access control to facilitate secure enterprise file sharing without the need for VPNs.

Vortex Engineering

Venture Round in 2011
Vortex Engineering Private Limited specializes in designing, developing, manufacturing, and marketing automated teller machines (ATMs) for banks in India and abroad. The company offers a comprehensive suite of software and services for ATM management, aimed at maximizing ATM availability and providing tailored solutions for banks and service providers. Vortex's product range includes the Ecoteller, a low-power ATM suitable for various settings, a small bunch note acceptor for instant cash deposits, and the Gramateller Duo, which operates on solar power for non-metropolitan areas. Additionally, Vortex provides two operational models for its services: a hosted model at its data center and a customer-hosted model at the bank's facilities. Their offerings include an ATM management center, managed services for monitoring, and a marketing platform for banks to promote advertisements on ATM screens. Established in 2001 and headquartered in Chennai, Vortex Engineering is committed to enhancing self-service banking capabilities in emerging markets and exports its products to customers in Asia and Africa.

SEACO

Private Equity Round in 2011
Provider of castings and machined components. The company's castings and machined components are provided to agriculture, automobile, construction and power and hydraulics industries, enabling their customers to have access to innovative quality products.

Sun Catalytix

Series B in 2010
Located in Cambridge, MA, Sun Catalytix is an early-stage renewable energy startup founded on groundbreaking science from the research lab of Professor Daniel Nocera at MIT. With Nature as our inspiration, we seek to combine sunlight and water to provide affordable, highly distributed solar energy to the individual. The elemental components of just 3 gallons of water have enough energy, when recombined, to satisfy the daily energy needs of a large American home. The US receives 500-fold more energy each year than it uses, but unfortunately the sun shines only half the time. At Sun Catalytix we are working to realize the dream of cheap, renewable, personalized energy allowing individuals to use the power around-the-clock. Backed by Polaris Venture Partners, we have started down the path to a sustainable energy future.

Farcast

Series A in 2010
Farcast is a clinical diagnostic company dedicated to providing personalized cancer treatment solutions. Its core technology utilizes a human tumor microenvironment to enable oncologists and drug developers to assess individual tumors and determine their treatment response profiles. This innovative approach aims to surpass traditional biomarker-guided strategies, thereby enhancing access to personalized medicine and improving the clinical management of cancer. Headquartered in Boston, Massachusetts, Farcast also operates a laboratory in Bangalore, India, reflecting its commitment to advancing cancer care through cutting-edge technology.

Vanu

Series B in 2008
Vanu, Inc. specializes in developing mobile communications solutions aimed at enhancing connectivity for off-grid markets. Founded in 1998 and headquartered in Lexington, Massachusetts, with additional offices in India and Rwanda, the company provides a range of products including GSM/EDGE and LTE base stations, as well as a 3G solution optimized for remote areas. Vanu's offerings also include coverage as a service, the VanuMaps tool for identifying coverage gaps, and a cellular suppression solution for secure environments. The company supports multiple wireless services through its Anywave Base Station and MultiRAN virtual base station, which enables multiple operators to share a single physical network. Additionally, Vanu provides consulting services and technical support to service providers and system integrators, facilitating efficient network operation and management for commercial carriers and government clients.

Indo Schöttle

Venture Round in 2008
Indo Schöttle Auto Parts Pvt., Ltd. manufactures and supplies precision-machined components and assemblies to the automotive and turbocharger industry in India. The company offers engine valve collets, turbocharger components and assemblies, fuel system parts and assemblies, cold forming products, rocker arm screws, and fluid power assemblies to OEM customers in India and internationally. Its customers include Suzuki, Hyundai, Kawasaki, Honda, Tata Motors, Eicher, Yamaha, Ashok Leyland, Mahindra & Mahindra, Tata Holset, Turbo Energy Ltd., TVS, Skoda, Holset Engineering, Bosch, Cummins Engine Inc., and others. The company was founded in 1985 and is based in Pune, India. As of July 31, 2014, Indo Schöttle Auto Parts Pvt., Ltd. operates as a subsidiary of SFS Group AG.
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