Kedaara Capital

We are pleased to welcome Nachiket Deshpande as the Chief Executive Officer of Impetus Technologies, a global leader in enterprise data and AI engineering solutions and services.   Kedaara's operating approach is built on deep collaboration with CEOs and leadership teams to drive sustained value creation. Impetus is at an important inflection point, and Nachiket’s experience in scaling technology businesses makes him a strong addition to the organization. We look forward to partnering with him to support Impetus’ ambition of becoming the preferred partner for enterprise data and AI transformation. Read the full announcement here: https://lnkd.in/dv6cwYS9   Praveen Kankariya, Ritu Bapna Sunish Sharma, Saakshi Gera, Kartikey Gupta, Rutuj Shah

We are delighted to celebrate the successful initial public offering (IPO) of Lenskart.com. This milestone is a testament to the exceptional leadership, vision, and relentless efforts of the Lenskart team, as well as the trust and loyalty of over 12 million customers globally. Since 2019, Kedaara Capital has had the privilege of investing in Lenskart and helping in its journey of growth transformation and international expansion through investments in Owndays and other partners. We are inspired by Lenskart’s success and look forward to witnessing its continued salience as it embarks on this new phase as a publicly listed company. We thank Peyush Bansal, Neha Bansal, Amit Chaudhary, Ramneek Khurana, Ashwani Agarwal and Abhishek Gupta for providing us the opportunity to be a part of this journey. #Lenskart #Kedaara #VisionforBillion Sunish Sharma Anant Gupta Manish Kejriwal Nishant Sharma Rishiraj Khajanchi Kartikey Gupta Pratik Ajmera

Kedaara Capital is excited to announce its investment in Axtria - Ingenious Insights a leading Agentic AI-first data analytics and cloud software company serving the global life sciences industry. With this partnership, Kedaara aims to support Axtria’s mission of transforming life sciences through AI-driven innovation and scalable cloud solutions. Axtria empowers life sciences organizations across the commercial and clinical spectrum, serving 18 of the top 20 global pharmaceutical companies and over 100 firms in 75+ countries. The Company’s suite of offerings includes data platforms to accelerate actionable business insights from trusted data sources, agentic platform with ready-to-deploy agents, as well as cloud software products for sales excellence, omnichannel engagement, and marketing analytics. We are excited to back Axtria’s vision to be the leading data analytics partner, transforming the life sciences globally. Jaswinder Chadha, Sunish Sharma, Abidali Neemuchwala Aashwit Mahajan, Kartikey Gupta, Rutuj Shah, Nikita Dipali, Rishiraj Khajanchi, Pratik Ajmera

Kedaara Capital is delighted to announce the appointment of Nitin Paranjpe as Chief Mentor and Operating Partner.   Nitin brings with him extensive work experience of over three decades in FMCG with diverse roles spanning operations and leadership. Nitin has spent nearly his entire professional career at Unilever starting out as a management trainee in 1987, rising through the ranks to assume numerous senior leadership roles globally.   In 2008, Nitin became the CEO of Hindustan Unilever (amongst the youngest CEOs of HUL) where he demonstrated exemplary leadership, revitalising the organisation and stepping up growth. The business almost doubled during his five-year stint. In his next role, he led Unilever’s Homecare business as its president for over four years consistently delivering market beating growth while significantly stepping up profitability (almost doubled). Subsequently, Nitin led the integration of Unilever’s Foods & Refreshment businesses as its president. In 2019, Nitin became Unilever’s COO responsible for managing Unilever’s global P&L. In his last executive role with the firm, he served as the Chief People & Transformation Officer and led one of the most significant transformation initiatives undertaken over the last two decades. In 2022, Nitin became the Non-Executive Chairman of HUL’s board, a role that he continues in.   Nitin also serves on the boards of several esteemed organizations including Heineken, Infosys among others.   Nitin will work closely with Kedaara sector teams in particular on consumer and allied themes and play an active role in advising on existing and new investments. Additionally, he will also work with the senior leadership at Kedaara on various firm level initiatives. Manish Kejriwal, Sunish Sharma, Nishant Sharma, Anant Gupta, Rishiraj Khajanchi, Ashutosh Sardesai

We’re proud to announce the successful completion of our exit from Aavas Financiers   In 2016, Kedaara Capital acquired a significant stake in Aavas Financiers Ltd through a carve-out, driven by our belief in the power of purpose-led financial inclusion. Over the past 9 years, Aavas has grown into one of India’s most leading affordable housing finance companies — AUM grew ~12x from INR 17 billion to INR 204 billion (32% CAGR), while PAT grew ~18x from INR 328 million to INR 5.74 billion (37% CAGR)   Alongside the Management Team and Board, Kedaara Capital helped: 1. Strengthen leadership with top-tier talent 2. Priortise governance and regulatory compliance 3. Think through overall strategy, expansion, multiple macro headwinds in Demonetization, Liquidity Crisis, COVID-19 pandemic, MFI Crisis etc. 4. Led the entire tech transformation and instituted best-in-class systems and processes 5. Completed a successful IPO in 2018 and built a high-quality cap table   This exit, with Kedaara Capital’s residual stake sold to CVC Capital, marks the culmination of a fulfilling and value-accretive journey. It reinforces our mission at Kedaara Capital – to back high-quality franchises and scale them with trust, impact, and operational excellence.   Grateful to the leadership team at Aavas, Board members, Partners Group and all stakeholders who helped shape this success.   Nishant Sharma, K R Kamath, Rahul Mehta, Rishiraj Khajanchi, Purav Shah, mani mulki, Nataraj Tammana, Pratik Ajmera Sandeep Tandon, Soumya Rajan, Kalpana Mazumdar, Vivek Vig, Manas Tandon, SACHINDER BHINDER Aavas Financiers Ltd, Partners Group, CVC Press Release: https://lnkd.in/gYHiyJBb

Kedaara Capital is excited to announce its investment in Porter, a market-leading logistics platform revolutionizing intra-city goods movement across India. Founded in 2014, Porter operates across 22 cities and select international markets, offering a wide range of logistics solutions including on-demand transport, packers & movers, and enterprise services. Guided by its purpose of “moving a billion dreams, one delivery at a time,” Porter has now evolved into an ecosystem touching the lives of over 30 lakh customers and 3 lakh gig workers every month in India. We are excited to partner with Uttam Digga, Pranav Goel, and the Porter team for their next phase of growth as they continue to build India’s most scaled and customer-centric logistics platform. Sunish Sharma, Anant Gupta, Ashutosh Sardesai, Nishit Dedhia, Pranjal Singh, Rishiraj Khajanchi, Pratik Ajmera

Kedaara Capital is excited to announce its investment in JUSPAY, a global leader in payment infrastructure for enterprises and banks. With this investment, Kedaara aims to support Juspay in expanding its global footprint and accelerating the growth of its open-source payments orchestration platform.   Founded in 2012, Juspay is a global leader in enterprise payment solutions, powering payments for merchants and banks worldwide as their technology service provider (TSP) of choice. Juspay provides full-stack orchestration, checkout experience, 3DS authentication, tokenisation, unified analytics, and value-added services for enterprise merchants, as well as end-to-end payments acceptance and real-time payments infrastructure for leading banks. Headquartered in Bengaluru, India, with offices in San Francisco, Sao Paulo, Dublin, and Singapore, Juspay supports market-leading clients across the globe, processing more than 200Mn transactions daily, at 99.999% reliability, with over $900Bn in annual total processed volume. We look forward to supporting Sheetal Lalwani, Vimal Kumar, and the broader Juspay team as they scale a resilient, future-ready payments platform for leading enterprises and financial institutions.   Nishant Sharma, Kshama Jain, Rahul Mehta, Vikas Kumar, Saurabh Pinjani, Suraj Bagla, Nikita Dipali, Rishiraj Khajanchi, Pratik Ajmera

Kedaara Capital is delighted to celebrate the successful initial public offering (IPO) of AJAX Engineering Limited. This milestone is a testament to the visionary leadership, dedication, and relentless efforts of the Ajax team, as well as the trust and confidence of its 12,000+ customers and stakeholders.   Since 2019, Kedaara Capital has had the privilege of partnering with Ajax, supporting its journey. As Ajax embarks on this new phase as a publicly listed company, we extend our best wishes for its continued success and industry leadership in the years ahead. Sunish Sharma, Parin Mehta, Ashutosh Sardesai, Rahul Mehta, Kartikey Gupta, Mudit Agrawal, Nishant Sharma, Manish Kejriwal, Anant Gupta, Rishiraj Khajanchi, Ami Parikh, Pratik Ajmera, Vijay K, Jacob John, Shubhabrata Saha, Tuhin B.

Kedaara Capital is delighted to announce the appointment of Mr. Jai Shankar Krishnan as an Operating Advisor.   Jai brings with him an impressive and diverse work experience of over three decades across multiple high-impact domains including FMCG, Pharma, Industrials, Life Sciences, and Diagnostics. Jai embarked on his illustrious career with Hindustan Unilever Limited and subsequently held significant positions at renowned organizations such as GlaxoSmithKline, Novartis, and Danaher Corporation.   In 2008, Jai joined Danaher Corporation as the Managing Director and CEO for India, where he demonstrated exemplary leadership and strategic acumen and helped scale the business ~10x in 6 years. In 2016, he was appointed as the Regional President for Danaher in the Asia Pacific region and served as the Chairman of the APAC Board, overseeing revenue stream of $2.5bn+. In 2019, Jai was appointed as the President for High Growth Markets for Danaher Corporation, overseeing all key markets including Japan, Korea, Eastern Europe, Russia, Latin America, Middle East, North Africa, Turkey, SEA, Australia, and New Zealand. These high-growth markets contributed significantly to Danaher’s revenue ($10bn+), accounting for 30% and driving 40% of the company’s growth. Jai played a pivotal role in transforming Danaher’s presence in these markets through both organic and inorganic growth strategies.   Jai also serves on the boards of several esteemed organizations and dedicates a considerable portion of his time to community service, working with various non-profit organizations to drive meaningful societal impact.   Jai will act as a sounding board to Kedaara’s healthcare team and advise on its existing and new investments in the sector. Manish Kejriwal Sunish Sharma Nishant Sharma Anant Gupta Sumit Gupta Nishant Naveen

Kedaara Capital is excited to announce its investment in Impetus, a leading provider of Data, Analytics, and Enterprise AI Solutions to Fortune 500 clients. With this partnership, Kedaara aims to support Impetus in scaling its global footprint, driving innovation by expanding offerings in rapidly growing areas such as Gen AI and Advanced Analytics, and strengthening operational excellence by leveraging Kedaara’s senior operating team.    Impetus provides end-to-end Data and AI services with a focus on accelerating Cloud adoption and solving complex data challenges for large enterprises. Its strong delivery capabilities, innovation-driven culture, and expertise in mission-critical solutions have positioned it as a trusted partner for marquee clients. Its offerings also include LeapLogic, a globally recognized Cloud and Data Migration accelerator, which enables businesses to accelerate transformation of legacy systems with up to 95% automation, while ensuring business continuity and operational efficiency We look forward to collaborating with the founders – Ritu Bapna, Praveen Kankariya and the leadership team at Impetus to drive the next phase of growth. Sunish Sharma, Rishiraj Khajanchi, Saakshi Gera, Aashwit Mahajan, Kartikey Gupta, Rutuj Shah, Vedaant Sikka, Hemant Agrawal, Pratik Ajmera Impetus, LeapLogic - An Impetus Product https://lnkd.in/gKBDJk8t