Ritesh Kumar

Managing Director

7 past transactions

Magma HDI General Insurance Company

Secondary Market in 2025
Magma HDI General Insurance Company is a prominent provider of general insurance services in India, catering to both individual and business needs. The company offers a diverse range of products, including vehicle insurance, health insurance, home insurance, property insurance, motor insurance, liability insurance, fire insurance, engineering insurance, and marine insurance. By addressing the evolving insurance requirements of the Indian community, Magma HDI aims to help clients secure their assets and effectively mitigate risks. The company is committed to delivering comprehensive coverage options that enhance financial security for its policyholders.

Botanic Healthcare

Private Equity Round in 2025
Botanic Healthcare is a company that specializes in the development and manufacturing of natural extracts for various industries, including nutraceuticals, food, beverage, and cosmeceuticals. Their product portfolio comprises organic herbal extracts, essential oils, liposomes, carotenoids, and plant-based vitamins and minerals. By offering these science-backed ingredients, Botanic Healthcare aims to promote healthier lives among its customers.

Samosa Party

Series B in 2024
Samosa Party Foods is a food-tech company that specializes in operating a cloud kitchen platform under the same name. The company is known for its snack retail chain, which focuses on serving hot and fresh samosas along with brewed tea and coffee. This offering allows consumers to enjoy delectable snacks conveniently, making it an ideal choice for easy get-togethers.

WayCool

Series D in 2024
WayCool is an agri-tech company focused on the processing, distribution, and procurement of fresh produce, dairy products, and staples. By utilizing innovative quality management and food safety technology, WayCool enhances farmers' incomes and streamlines logistics and distribution services. The company sources fruits and vegetables primarily from smallholder farmers and aggregators, distributing them to local shops, retail outlets, hotels, restaurants, and catering establishments. WayCool operates a retail brand called SunnyBee in Chennai, which includes physical stores, mobile stores on trucks, and e-commerce platforms. Additionally, SunnyBee offers a range of high-quality private label products developed through partnerships with sister companies. By establishing direct connections between farmers and consumers, WayCool effectively integrates physical and information technology to facilitate efficient distribution of fresh produce.

The Good Stuff

Acquisition in 2023
The Good Stuff is a fast-moving consumer goods (FMCG) company that specializes in the manufacture and distribution of a diverse range of products. Its offerings include chocolates, confectionery, beverages, mosquito repellents, and edible nuts and seeds, catering to both the food and household sectors. By partnering with various distribution channels, The Good Stuff enables retailers to meet consumer demands effectively. The company focuses on delivering high-quality products that enhance everyday experiences for its customers.

NewSpace

Series A in 2022
NewSpace is a company specializing in aerospace research and technology, focusing on the design and development of persistent drones for earth observation and communications. It develops unmanned systems that utilize advanced technologies such as autonomy, sensor fusion, and stratospheric operations for both civilian and military applications. The company's expertise encompasses aircraft design, collective robotics, distributed intelligence, computer vision, machine learning, and GPS-denied navigation. This diverse skill set enables NewSpace to create drones with varying endurance capabilities, catering to a wide range of operational needs.
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