Mahindra Group

The Mahindra Group is an Indian multinational conglomerate with a diversified portfolio spanning automotive vehicles, farm equipment, financial services, real estate, and technology. It operates globally, generating significant revenue from its automotive segment, which includes the manufacture and sale of automobiles, spares, mobility solutions, construction equipment, and related services.

Zhooben Bhiwandiwala

President

Rajesh Jejurikar

Executive Director, Auto and Farm Sectors

Mitesh Shah

Senior Associate

Past deals in India

SML Isuzu

Acquisition in 2025
SML Isuzu is a reputable manufacturer of commercial vehicles, primarily focused on the production and sale of light and medium trucks and buses. Operating throughout India, the company offers a diverse product portfolio that includes special application vehicles such as ambulances, tippers, dumper placers, troop carriers, prison vans, dual cab trucks, 4X4 trucks, water tanker trucks, closed vans, and refrigerated vans. The majority of SML Isuzu's revenues are generated from vehicle sales, underscoring its commitment to providing reliable and efficient transportation solutions within the commercial sector.

TVS Automobile Solutions

Corporate Round in 2020
TVS Automobile Solutions Private Limited, formerly known as MyTVS, is a prominent provider of automobile aftermarket services based in Chennai, India. Established in 2009, the company specializes in a wide range of car services, including maintenance and repair for various vehicle components such as engines, brakes, and electrical systems. It also offers additional services like roadside assistance, extended warranty, insurance brokerage, and telematics. With a multi-brand car servicing approach, TVS Automobile Solutions aims to enhance vehicle operational uptime and reduce fleet costs for its clients. The company operates under the umbrella of T V Sundram Iyengar & Sons Private Limited and has established a reputation for quality service in the automotive sector.

Aquasail

Corporate Round in 2020
Aquasail is a boating company based in India that provides a variety of sailing experiences for individuals, families, and corporate clients. The company specializes in offering enjoyable and educational programs aboard high-quality boats, catering to diverse market segments. For individuals and families, Aquasail provides fun and learning opportunities that enhance sailing skills and foster a love for the water. Additionally, the company offers corporate programs focused on brand building and employee motivation, creating unique experiences that promote teamwork and engagement. Through its range of services, Aquasail aims to deliver memorable and enriching sailing adventures for tourists and local clients alike.

Zoomcar

Series C in 2018
Zoomcar is an online car-sharing marketplace operating in emerging markets like India, Southeast Asia, and Egypt since 2013. It connects car owners ('Hosts') with individuals needing temporary vehicles ('Guests'), facilitating safe and convenient car sharing. Zoomcar offers over 20,000 cars across 50 cities, empowering Hosts to earn passive income while providing Guests with affordable driving experiences.

Gold Farm

Seed Round in 2017
Gold Farm is a company that operates a farm equipment booking platform designed to support the farming community. Their platform offers clean technologies aimed at improving rural Indian power grid systems and providing essential farming equipment. By doing so, Gold Farm enables farmers to access affordable resources, thereby enhancing their agricultural capabilities.

FirstCry India

Series D in 2016
FirstCry is an online platform based in Pune, India, specializing in baby and kids' products. Founded in 2010, the company offers an extensive range of over 20,000 items from more than 250 renowned international and Indian brands, including Mattel, Pampers, and Disney. FirstCry's business model encompasses not only the sale of baby products and toys but also the wholesale distribution of fast-moving consumer goods (FMCG) through various partners. Additionally, the company operates a preschool segment via franchise partnerships across India. By focusing on quality products and providing a reliable online shopping experience, FirstCry aims to ensure customer satisfaction through prompt delivery services and responsive customer care.

Babyoye

Acquisition in 2015
Babyoye is an online retailer based in India that specializes in providing a wide range of products and services for mothers and infants. The company offers an extensive selection of maternity goods, children's clothing, diapers, bath and skincare items, health and safety products, and toys, catering to the needs of modern Indian parents. In addition to its online marketplace, Babyoye also operates physical retail stores throughout India, enhancing its reach and accessibility to customers. The platform aims to deliver high-quality care products, ensuring that parents can find the best options for their families in a convenient manner.
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