FOUNDERS
INVESTMENT TEAM
FUND ADMINISTRATION

Siddharth Parekh

Senior Partner and Co-Founder

Sumeet Nindrajog

Senior Partner and Co-Founder

Niten Lalpuria

Partner

Somi Rai

Principal

Mukund Khetan

Principal

Utkarsh Gautam

Associate

Saket Pachisia

Associate

Shweta Agrawal

Chief Financial Officer

Abhijit Roy

Head - Investor Relations

Saloni Raja

Manager – Finance

Poorva Pathare

Associate – Finance

Mudita Narsaria

Analyst – Investor Relations

Rajani Basutkar

Executive Assistant

Sid has over 17 years’ work experience across the US, UK and India, a majority of which involved investing in emerging markets.

Prior to co-founding Paragon Partners, Sid served as a Principal in the Mumbai office of Actis, a leading emerging markets focused fund with investments across Asia, Africa and Latin America. Sid joined Actis’ London office in 2008 and completed 6 investments across a number of sectors and geographies, managed 8 companies in Actis' Indian portfolio and executed 6 exits. Sid has also been an active participant in the angel network in India, having invested in a number of start-ups engaged in the financial technology and health & fitness sectors.

Prior to Actis, Sid was an investment analyst at the International Finance Corporation based in Washington D.C. focusing on investing in the global manufacturing & services sectors and also spent 2 years as a Consultant at the Boston Consulting Group in New York. He has an MBA and Master’s degree in International Affairs from Columbia University and a Bachelor’s degree in Finance and Management from the Wharton School at the University of Pennsylvania.

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Shweta has over 16 years of experience in several functions relating to Finance such as Planning and Budgeting, Accounting and Audit, Regulatory Compliance and Reporting, Fund Raising and Investor Relations.

Before moving to Paragon Partners, Shweta was associated with IDFC Alternatives for a period of 7 years as Senior Vice President - Finance. At IDFC Alternatives, she was responsible for a number of functions including Operations, Risk Management, Regulatory Compliance and Fund Administration.

Prior to joining IDFC Alternatives, Shweta has had stints with Edelweiss Capital and First Voyage where she handled the Corporate Finance function. She started her career as a practicing Chartered Accountant, before joining Aneja Associates in their Internal Audit team.

Shweta is a Certified Public Accountant from the American Institute of CPAs, she is a ranker and member of the Institute of Chartered Accountants of India (ICAI), she holds a Bachelor's degree in Commerce from the University of Mumbai.

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Sumeet has over 18 years’ experience in advising, investing and operating in companies in North America and India.

Prior to co-founding Paragon Partners, Sumeet was the co-founder and executive director at Hover Automotive India – HAI (a leading global automobile manufacturer’s exclusive distributor in India) based out of Mumbai and growing the company from a start-up to recording annual sales of approximately 40,000 units and expanding the distribution network from a single dealer to approximately 130 outlets nationwide. Prior to joining HAI’s operations, Sumeet successfully managed automobile retail outlets which were part of his family business. He has also successfully started and sold two independent ventures in India in the Real Estate and Power sectors.

Sumeet previously worked at Ares Management in their Private Equity Group in Los Angeles and with UBS in the Investment Banking Group. He has a Bachelor’s degree in Finance and Management from the Wharton School at the University of Pennsylvania.

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Saket has around 4 years' experience across private equity and investment banking, primarily in consumer discretionary and industrials spaces.

Prior to joining Paragon Partners, Saket worked for a year with Everstone Capital Partners, a private equity fund focused on evaluating buyout opportunities. As an Investment Analyst, Saket was actively involved in evaluating opportunities in the industrials sector.

Saket has also been part of the Investment Banking team at Avendus Capital, where he was primarily involved in deals in the consumer discretionary space.

Saket holds an MBA degree from XLRI, Jamshedpur, and a Bachelor's degree in commerce from St. Xaviers' University. He has also cleared all 3 levels of the Certified Financial Analyst programme.

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Saloni has over 9 years’ experience in the banking and financial services sector relating to Accounting, Audit, Regulatory Compliances and Reporting.

Prior to joining Paragon Partners, Saloni was associated with Deloitte Haskins & Sells LLP, a leading global professional services firm, as a deputy manager. She completed her 3 years internship with the firm and continued working with them for about 2 years post qualifying as a Chartered Accountant. She was a part of the team which managed several top-tier clients including IDFC Ltd, HDFC Ltd, BNP Paribas Bank and Deutsche Bank. She was largely responsible for statutory audits, tax audits, limited reviews, compliance certificates and control testing which strengthened her knowledge of IGAAP, corporate reporting requirements and statutory compliances with regulators including RBI, SEBI, Income tax.

Saloni is a member of the Institute of Chartered Accountants of India (ICAI) and Mithibai College alumnus where she pursued her Bachelor’s degree in Commerce.

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Somi has over 14 years’ experience across private equity, corporate strategy and planning, principally in the infrastructure, telecommunications and technology sectors.

Prior to joining Paragon Partners, Somi was associated with IDFC Alternatives' Infrastructure Fund, a private equity fund (AUM of US$ 2 billion) focused on investing in infrastructure assets, for more than 4 years. As an Associate in the investment team, Somi was actively involved in investments in Healthcare, Roads and Solar sectors. Prior to joining IDFC Alternatives, Somi was a Customer Manager with Ericsson India where he spent one and half years. At Ericsson India, he was responsible for implementing and expanding Ericsson India’s portfolio of test networks, strategic and financial planning, and managing customer relationships. Prior to joining Ericsson India, Somi was a Systems Engineer with Ericsson UK where he spent 3 years.

Somi has a MBA degree from Indian School of Business, Hyderabad and a Master’s Degree in Electronic and Computer Engineering from the University of Birmingham (UK).

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Niten has over 17 years’ experience in building businesses and managing cross-functional teams across large corporates, a top-tier management consulting firm and a hi-tech start-up.

Prior to joining Paragon Partners, Niten headed two global business units at Cipla Limited. As the Global Head of the Animal Health business and Head Strategy & BD of the Global API business, he helped turnaround the operations and re-aligned strategy to focus on faster growth. Additionally, as the Head of Strategy for Cipla’s US business, he led the efforts for a $500 million acquisition of a US based pharmaceutical company. Prior to Cipla, Niten was at The Boston Consulting Group working across several top companies in India. Prior to BCG, in 2004, Niten was a founding member and led the R&D and product engineering at QDx Inc., a US based start-up that developed a first-generation imaging based medical diagnostic device. Niten subsequently joined Abbott Diagnostics (as it acquired the QDx technology in 2008) and was an integral part of the team at Abbott which over the years scaled up a lab-scale system to a fully-functional prototype.

Niten has a MBA degree from IIM Ahmedabad, Master’s degree in Chemistry from Ohio University (US), Bachelor’s degree in Chemical Engineering from Mumbai University.

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Abhijit leads the investor relations function at Paragon Partners. He has over 18 years of experience in investor relations, fund raising, product development, communication and investment analysis across the financial services space.

Prior to joining Paragon Partners, he was with National Investment and Infrastructure Fund (NIIF), India’s first sovereign wealth fund where he worked on fundraising and investor relations for NIIF Master Fund and NIIF Fund of Funds. He had previously led fund raising and investor relations at True North (earlier known as India Value Fund).

Abhijit has also worked with Fitch Ratings, Fidelity Mutual Fund, AIG Investments, Tata Mutual Fund and Reliance Industries in research, product and marketing & communication roles.

Abhijit holds a Bachelor of Engineering from University of Calcutta and a Masters in Management from University of Mumbai.

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Tariq has over 16 years of experience spanning investment banking, private equity investing and corporate M&A.

Before moving to Paragon Partners, Tariq was the Global Head of M&A at Cipla Limited, an Indian generic pharma company with a market cap of US$6 billion. At Cipla he completed nine acquisitions in India and various international markets of Asia, North Africa and the Middle East as well as established Cipla’s entry into the US through a US$550 million acquisition.

Prior to Cipla, Tariq was a Vice President at General Atlantic, a global private equity firm with US$17 billion under management. Tariq joined General Atlantic in 2008 and worked at its Mumbai office for 6 years focusing on investment opportunities in telecom, media, technology, business services, healthcare, energy and logistics. For about a year in 2007 after moving from the US to Mumbai, Tariq was a Vice President with Blue River Capital, a US$140 million fund focused on growth equity investments in mid-cap companies in India.

From 2001 to 2006 Tariq was in the US working in advisory and investing roles. He started his career at Morgan Stanley in 2001 as an investment banking analyst and in 2003, joined AEA Investors, a US$1.2 billion fund focused on buy-outs of mid-cap companies located in the U.S. and Europe. Tariq has a BBA in Finance/Accounting from the University of Michigan’s Ross Business School.

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Rajani has over 19 years of experience as an executive assistant working with senior management teams at IDFC and CRISIL. At Paragon Partners, she oversees the overall office administration function and support for the entire team.

Prior to joining Paragon Partners, Rajani was associated with IDFC Limited for over 6 years working in the Private Equity and Legal & Compliance divisions assisting senior management in a variety of areas including travel, calendar support and office administration. She also supported the legal, compliance and audit teams during the formative days of IDFC Bank.

Prior to her role at IDFC, Rajani was associated with CRISIL Limited, a leading credit rating agency in India, for 9 years as an Executive Assistant to the CEO.

Rajani holds a Bachelor's degree in Commerce from the University of Mumbai and Diploma in Secretarial Practice from Burnley’s. In her spare time, Rajani enjoys music, yoga and meditation.

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Poorva has over 5 years of experience in the areas of Accounting and Finance.

Prior to joining Paragon Partners, Poorva was associated with Tricon Energy, a global commodities trading firm focused on the petrochemicals and plastics industry, where she oversaw the accounting, reconciling and treasury functions. Her primary responsibilities included US Accounting and conducting periodic reviews of Tricon's borrowing base.

Poorva completed her MBA in Finance from Symbiosis International University, Pune, and holds a Bachelor's degree in Commerce from R.A. Poddar of Commerce and Economics, Mumbai.

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Mukund has over 8 years’ experience across private equity and investment banking principally in the financial services space.

Prior to joining Paragon Partners, Mukund was associated with Sabre Partners, a private equity fund focused on investing in financial services and healthcare for over 2 years. As an Investment Manager, Mukund was actively involved in the financial services and fintech sectors.

Earlier, Mukund was part of the Investment Banking division at J.P. Morgan (Mumbai and Hong Kong) and was involved in deals across the transportation and infrastructure sectors.

Mukund holds a MBA degree from Indian School of Business, Hyderabad, and a Bachelor of Engineering degree (Electronics & Telecommunication) from the University of Mumbai.

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Mudita is an analyst in our Investor Relations team. Prior to joining Paragon Partners, Mudita gained experience across a number of functions including business development, marketing and communication through her internships at the Indian International Model United Nations, one of the World's largest education conference management brands and Nordic Kandie, a luxury retailer of gourmet confectionery products.

Mudita completed her BSc. degree in Finance from NMIMS University and has completed her schooling from Jamnabai Narsee School in Mumbai.

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Utkarsh has over 7 years’ experience across private equity and financial diligence principally in the consumer discretionary and financial services space.

Prior to joining Paragon Partners, Utkarsh worked with MOPE Investment Advisors, a private equity fund focused on investing in mid-market companies in India, for over 4 years. As an Investment Manager, Utkarsh was actively involved in the consumer discretionary and financial services sectors.

Earlier, Utkarsh was part of Ernst & Young, where he was primarily involved in financial diligence and assurance engagements of various companies in the league of Fortune 500.

Utkarsh holds a Bachelor’s degree in commerce from Narsee Monjee college, Mumbai, and is a member of the Institute of Chartered Accountants of India.

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Siddharth Parekh

Senior Partner and Co-Founder

Sumeet Nindrajog

Senior Partner and Co-Founder

Sumeet previously worked at Ares Management in their Private Equity Group in Los Angeles and with UBS in the Investment Banking Group. He has a Bachelor’s degree in Finance and Management from the Wharton School at the University of Pennsylvania.

Niten Lalpuria

Partner

Somi Rai

Principal

Mukund Khetan

Principal

Utkarsh Gautam

Associate

Saket Pachisia

Associate

Shweta Agrawal

Chief Financial Officer

Shweta has over 16 years of experience in several functions relating to Finance such as Planning and Budgeting, Accounting and Audit, Regulatory Compliance and Reporting, Fund Raising and Investor Relations.

Before Paragon Partners, Shweta was associated with IDFC Alternatives for a period of 7 years as Senior Vice President - Finance, responsible for a number of functions including Operations, Risk Management, Regulatory Compliance and Fund Administration. Prior to IDFC Alternatives, Shweta has had stints with Edelweiss Capital and First Voyage where she handled the Corporate Finance function. She started her career as a practicing Chartered Accountant, before joining Aneja Associates in their Internal Audit team.

Shweta is a Certified Public Accountant from the American Institute of CPAs and is a member of the Institute of Chartered Accountants of India (ICAI). She also holds a Bachelor's degree in Commerce from the University of Mumbai.

Abhijit Roy

Head – Investor Relations

Saloni Raja

Manager – Finance

Poorva Pathare

Associate – Finance

Mudita Narsaria

Analyst – Investor Relations

Rajani Basutkar

Executive Assistant

BOARD OF ADVISORS

Deepak Parekh

Chairman, HDFC Ltd.

Harsh Mariwala

Chairman, Marico Ltd. & Founder Member, Marico Innovation Foundation

Sunil Mehta

Chairman, Punjab National Bank

Rahul Mehta

Former Director and Country Head, Argonaut Private Equity

Jeff Serota

Senior Executive with principal investing, operating and asset management experience

Mr. Parekh is the Chairman of HDFC Ltd, India's leading housing finance company, and has been the driving force in transforming HDFC into a financial conglomerate with strong presence in the domains of banking, asset management, insurance, alternative investments and education finance.

Besides serving on the boards of various HDFC group companies, Mr. Parekh is also a member on the boards of several leading corporates including Glaxo India Ltd & Burroughs, Wellcome (India) Ltd, Castrol India Ltd, Fairfax India Holdings Corporation, Hindustan Unilever, Siemens Ltd, Mahindra & Mahindra, Indian Hotels Company and SingTel.

He has acted as an advisor to the Indian Government from time to time, serving on several government-appointed high-level expert committees and task forces. Qualification-wise, Mr. Parekh is a Chartered Accountant from the Institute of Chartered Accountants of England and Wales.

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Mr. Mariwala is the Chairman of Marico Limited, one of the largest homegrown fast moving consumer goods (FMCG) companies from India. He is also Chairman & Managing Director of Kaya Limited, a leading provider of personal care solutions in India and the Middle East. Over the past three decades, Mr. Mariwala has transformed a traditional commodities driven business into a leading consumer products and services company in the Beauty & Wellness space. Mr. Mariwala's entrepreneurial drive and passion for innovation enthused him to establish the 'Marico Innovation Foundation' in 2003, an entity that acts as a catalyst to fuel innovation in India. Mr. Mariwala also launched ASCENT - Accelerating the Scaling up of Enterprises to identify growth-stage entrepreneurs with potential and enable them in their scaling-up journey.

In the past, he has held several positions as the President of the Federation of Indian Chambers of Commerce and Industry (FICCI), the FMCG Committee Chairman of FICCI and Confederation of Indian Industry. Mr. Mariwala is also a part of the Young President Organization (YPO) and World Presidents Organization (WPO).

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Mr. Mehta has over 32 years of leadership experience in banking, financial services, insurance and investments with Citibank and AIG.

Mr. Mehta currently serves as the non-executive chairman of Punjab National Bank, and has in the past served as a director on the boards of several notable organisations such as State Bank of India, American Chamber of Commerce (AMCHAM) India, etc. Mr. Mehta served as Chief Executive Officer and Country Head of AIG (India) from 2000-2013. He has since started SPM Capital Advisers Pvt Ltd, a JV with Mirabaud Securities, UK and Percy Mistry of Oxford International, UK.

Prior to joining AIG, Mr. Mehta was associated with Citibank for over 18 years where he held various senior positions. His last assignment at Citibank was as Corporate Head and Senior Credit Officer in India.

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Mr. Serota is Independent Director at EXCO Resources, Inc. and Non-Executive Chairman at SandRidge Energy, Inc. He is also on the Board of Directors at CIFC Corp. Jeff is also a past director at 14 private companies.

In addition to participation on numerous committees (audit, compensation, nominating and governance), his responsibilities and experience include: strategic reviews concerning growth, profitability and repositioning; public equity and debt financings; mergers and acquisitions; “take private” evaluations; sale of company; corporate governance; and senior management evaluation, amendments and recruitment, amongst other traditional director activities.

Mr. Serota was previously associated with Ares Management LLC as Senior Partner. He received his undergraduate degree from The Wharton School of the University of Pennsylvania and an MBA from the Anderson School of Management.

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Rahul has over 20 years’ experience in the financial services industry across the United States and India. He has invested capital across venture capital, private equity and most recently public markets in India.

Prior to joining Paragon Partners, Rahul was a Director and Country Head for Argonaut Private Equity for 10 years. While at Argonaut, he invested capital in public markets primarily in the financials and consumer sectors. Prior to Argonaut, Rahul was a Principal at Blue River Capital where he sourced and executed transactions across a variety of sectors including financial services, manufacturing and media. He has also held positions at ChrysCapital, one of India’s largest independent private equity firms, Greenhill & Co in New York and Merrill Lynch in its investment banking division.

Rahul graduated Magna Cum Laude with a B.A in Mathematics and Economics from Cornell University and holds an MBA from MIT’s Sloan School of Management, USA.

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Deepak Parekh

Chairman, HDFC Ltd.

Mr. Parekh has worked at Ernst & Young, Grindlays Bank, and Chase Manhattan Bank as its assistant representative for South Asia. He joined Housing Development Finance Corporation in 1978. Mr. Parekh also became the Non- Executive Chairman of Infrastructure Development Finance Company Ltd (IDFC), a Government of India enterprise for infrastructure projects in 1997. He is also the Non- Executive Chairman of Glaxo India Ltd & Burroughs Wellcome (India) Ltd and on the Board of Castrol India Limited, Fairfax India Holdings Corporation, Hindustan Unilever, Siemens Ltd, Mahindra & Mahindra, Indian Hotels Company and SingTel. Mr. Parekh is also an advisory board member of AIESEC India and US Engineering consultancy giant, AECOM.

Harsh Mariwala

Chairman, Marico Ltd. & Founder Member, Marico Innovation Foundation

Mr. Mariwala leads Marico Limited as its Chairman. He is also Chairman & Managing Director of Kaya Limited. Over the past three decades, Mr. Mariwala has transformed a traditional commodities driven business into a leading consumer products and services company in the Beauty and Wellness space. Mr. Mariwala's entrepreneurial drive and passion for innovation, enthused him to establish the Marico Innovation Foundation in 2003.The Foundation acts as a catalyst to fuel innovation in India. Mr. Mariwala launched ASCENT - Accelerating the Scaling up of Enterprises to identify growth-stage entrepreneurs with potential and enable them in their scaling-up journey.

Mr. Mariwala was the President of Federation of Indian Chambers of Commerce and Industry (FICCI) in 2011.

Sunil Mehta

Chairman, Punjab National Bank

Mr. Mehta has over 32 years of proven leadership experience in banking, financial services, insurance and investments with Citibank and AIG.

Mr. Mehta currently serves as the non-executive chairman of Punjab National Bank, and has in the past served as a director on the boards of several notable organisations such as State Bank of India, American Chamber of Commerce (AMCHAM) India, etc. Mr. Mehta served as Chief Executive Officer and Country Head of AIG (India) from 2000-2013. He has since started SPM Capital Advisers Pvt Ltd, a JV with Mirabaud Securities, UK and Percy Mistry of Oxford International, UK.

Prior to joining AIG, Mr. Mehta was associated with Citibank for over 18 years where he held various senior positions. His last assignment at Citibank was as Corporate Head in India and Senior Credit Officer.

Rahul Mehta

Former Director and Country Head, Argonaut Private Equity

Rahul has over 20 years’ experience in the financial services industry across the United States and India. He has invested capital across venture capital, private equity and most recently public markets in India.
Prior to joining Paragon Partners, Rahul was a Director and Country Head for Argonaut Private Equity for 10 years. While at Argonaut, he invested capital in public markets primarily in the financials and consumer sectors. Prior to Argonaut, Rahul was a Principal at Blue River Capital where he sourced and executed transactions across a variety of sectors including financial services, manufacturing and media. He has also held positions at ChrysCapital, one of India’s largest independent private equity firms, Greenhill & Co in New York and Merrill Lynch in its investment banking division.
Rahul graduated Magna Cum Laude with a B.A in Mathematics and Economics from Cornell University and holds an MBA from MIT’s Sloan School of Management, USA.

Jeff Serota

Senior Executive with principal investing, operating and asset management experience

Mr. Serota is Independent Director at EXCO Resources, Inc. and Non-Executive Chairman at SandRidge Energy, Inc. He is also on the Board of Directors at CIFC Corp. Jeff is also a past director at 14 private companies.

In addition to participation on numerous committees (audit, compensation, nominating and governance), Director responsibility and experience includes: strategic reviews concerning growth, profitability and repositioning; public equity and debt financings; mergers and acquisitions; “take private” evaluations; sale of company; corporate governance; and senior management evaluation, amendments and recruitment, amongst other traditional director activities.

Mr. Serota was previously employed as Senior Partner by Ares Management LLC, Senior Partner by Ares Private Equity Group

He received his undergraduate degree from The Wharton School of the University of Pennsylvania and an MBA from the Anderson School of Management

PORTFOLIO

FUND I
FUND II

NAME

Capacit’e Infraprojects Limited

SECTOR

Infrastructure Services

DATE OF INVESTMENT

March 2016

Headquartered in Mumbai, Capacit’e Infraprojects Limited is a leading EPC company focused on residential, commercial and institutional buildings. Incorporated in FY13, Capacit'e has achieved significant scale with annual revenue from operations in excess of Rs. 10 billion, and a marquee clientele comprising some of the leading real estate developers in India. The company is promoted by Mr. Rahul Katyal, Mr. Rohit Katyal and Mr. Subir Malhotra, who collectively have over 75 years of experience in the construction industry. In September 2017, Capacit'e undertook a very successful initial public offering of Rs. 4 billion witnessing oversubscription levels of 186x from investors.

For more information on Capacit’e, please click here.

NAME

Maini Precision Products Limited

SECTOR

Industrials

DATE OF INVESTMENT

August 2016

Maini Precision Products Limited (“MPPL”) is a Bengaluru-based manufacturer and supplier of high-precision engineering components and assemblies catering to the global automotive, industrial and aerospace sectors. Founded in 1973 by the Maini family, MPPL commenced operations as a supplier of auto parts to Bosch and since then, has diversified to supply a number of other leading automotive OEMs and Tier I component suppliers including Eaton, Magneti Marelli and Volvo. Over time, MPPL developed competencies and qualifications in the aerospace sector and also supplies airplane parts to Snecma, GE and Marshall. MPPL has differentiated itself by developing capabilities to manufacture increasingly complex parts and sub-assemblies and has forayed into next-generation components such as GDI (a gasoline direct injection system) pump bodies, AMT (automatic transmission system) parts and LEAP (future generation of engine platform for single aisle aircrafts) engine components.

For more information on MPPL, please click here.

NAME

Cravatex Brands Limited

SECTOR

Consumer Discretionary

DATE OF INVESTMENT

March 2017

Cravatex Brands is the exclusive retailer and distributor for FILA – the global sportwear and lifestyle brand – in the geographies of India, Sri Lanka, Bangladesh and Pakistan. The company also has the exclusive retail and distribution rights for Johnson Healthtech (Taiwan), a leading global manufacturer of fitness equipment whose brands include Matrix and Vision, for the geographies of India, Sri Lanka and Bangladesh. The company is promoted by Mr. Rajesh Batra and Mr. Rohan Batra.

For additional information on Cravatex Brands, please click here.

NAME

InCred Finance

SECTOR

Financial Services

DATE OF INVESTMENT

March 2017

InCred Finance is a technology-driven new age NBFC (Non-Banking Finance Company) founded by Bhupinder Singh (former APAC Head of Corporate and Investment Banking, Deutsche Bank) and backed by Anshu Jain (former co-CEO of Deutsche Bank). InCred Finance focuses on Small & Medium Enterprises, Education and Consumer Finance. The company has a strong leadership team in place with deep domain experience, and leverages its technology platform to offer a branch-less and paper-less lending experience for its customers, especially those in the under-banked and under-served segments.

For more information on InCred Finance, please click here.

NAME

Chai Point

SECTOR

Consumer Discretionary

DATE OF INVESTMENT

April 2018

Founded in 2010 by Amuleek Singh Bijral and Prof. Tarun Khanna of Harvard Business School, Chai Point has grown to become the largest organized tea retailer in India and is also the country's largest hot beverage delivery brand. Predominantly targeting the white collar population in India, Chai Point follows an omni-channel strategy comprising stores, corporate dispensers and at-home delivery to maximise its reach. The company has a pan-India footprint of over 100 stores at high footfall locations serving walk-in and delivery customers, and provides one the most sophisticated and technologically advanced dispensers for its enterprise customers. In addition to Paragon Partners, the company also has other marquee investors such as Eight Roads Ventures, Saama Capital and DSG Consumer Partners among its shareholders.

For more information on Chai Point, please click here.

NAME

eShakti

SECTOR

Consumer Discretionary

DATE OF INVESTMENT

June 2018

Headquartered in Chennai, eShakti is a leading women's fashion brand founded by first-generation entrepreneur Mr. B G Krishnan. The company's key value proposition is its ability to offer customers the option to customise both apparel sizes as well as styles at affordable prices and within short delivery times. eShakti operates an asset-light model with a strong technology backend and robust systems, and predominantly caters to customers based in the United States, Canada and Australia. An early mover in the under-served segment of made-to-order apparel for women, the company has quickly grown to be a mainstream women’s fashion brand recognised for its superior quality of design and fabrics. In the past, eShakti has raised capital from a marquee set of investors including IDG Ventures, Ivy Cap Ventures and Infina Finance.

For more information on eShakti, please click here.

NAME

InCred Capital

SECTOR

Financial Services

DATE OF INVESTMENT

August 2018

InCred Capital is the wholesale lending and merchant banking platform of the InCred Group. With its focus on the ‘non-retail’ financial services opportunity in India, InCred Capital targets to create an integrated lending and advisory platform, and focuses on the structured credit, asset management and wealth management businesses. The company has a highly experienced and best-in class leadership team in place with deep domain experience and track record.

For more information on InCred Capital, please click here.

NAME

SMEcorner

SECTOR

Financial Services

DATE OF INVESTMENT

March 2020

SMEcorner is a Mumbai based NBFC (Non-Banking Finance Company), focusing on lending to the unorganized retail sector in India. The company does small ticket business loans in urban and semi-urban markets. SMEcorner uses a combination of proprietary scorecards, unique proprietary OCR (Optical Character Recognition) tools and other forms of machine learning/artificial intelligence tools to enable quicker and better quality credit underwriting. SMEcorner obtained its NBFC license in February 2018 and is currently present across 15 cities in 4 states in India and is proud of servicing over 8000 + unique customers.

For more information on SMEcorner, please click here.

NAME

TenderCuts

SECTOR

Consumer

DATE OF INVESTMENT

February 2021

Founded in 2016 by Nishanth Chandran, TenderCuts provides freshly cut meat and seafood to customers through its neighbourhood stores, which cater to both walk-in customers and online shoppers. TenderCuts aims to serve as an alternative to local butcher shops by offering hygienic and superior quality products within a similar price range. Owing to its decentralized model, the Company has been able to converge the value chain to a single point with storage, processing, distribution and retailing taking place under the same roof. TenderCuts’ product portfolio currently comprises fresh chicken, mutton, seafood, marinades, pickles and eggs as well as cold cuts, sausages, kebabs as part of its ready-to-eat and ready-to-cook segment.

For more information on TenderCuts, please click here.

WHAT WE STAND FOR

TRUST

INFLUENTIALNETWORK

LOCALINSIGHT

OPERATIONSEXPERTISE

LONG-TERMPARTNER

SPEED OFEXECUTION

INTEGRITY

VALUECREATION

CONSUMERDISCRETIONARY

FINANCIALSERVICES

INFRASTRUCTURESERVICES

INDUSTRIAL

HEALTHCARESERVICES

BOARD OF ADVISORS

PORTFOLIO

NAME

Capacit’e Infraprojects Limited

SECTOR

Infrastructure Services

DATE OF INVESTMENT

March 2016

NAME

Maini Precision Products Limited

SECTOR

Industrials

DATE OF INVESTMENT

August 2016

NAME

Cravatex Brands Limited

SECTOR

Consumer Discretionary

DATE OF INVESTMENT

March 2017

NAME

InCred Finance

SECTOR

Financial Services

DATE OF INVESTMENT

March 2017

NAME

Chai Point

SECTOR

Consumer Discretionary

DATE OF INVESTMENT

April 2018

NAME

eShakti

SECTOR

Consumer Discretionary

DATE OF INVESTMENT

June 2018

NAME

InCred Capital

SECTOR

Financial Services

DATE OF INVESTMENT

August 2018

NAME

SMEcorner

SECTOR

Financial Services

DATE OF INVESTMENT

March 2020

NAME

TenderCuts

SECTOR

Consumer

DATE OF INVESTMENT

February 2021

HOW WEADD VALUE

3 CORE AREAS OF FOCUS

Milestone Trackingand CourseCorrection

Strengthen CorporateGovernance

Create ExecutionPlan alongsideManagement

NEWS

March 10, 2021: ET NOW

Paragon Partners on #TheMarket | Niten Lalpuria on ET NOW

February 8, 2021: Business Standard

Meat brand TenderCuts raises $15 mn from Paragon Partners, Nabard VC

INFLUENTIAL
NETWORK

LOCAL
INSIGHT

OPERATIONS
EXPERTISE

LONG-TERM
PARTNER

SPEED OF
EXECUTION

VALUE
CREATION

CONSUMER
DISCRETIONARY

FINANCIAL
SERVICES

INFRASTRUCTURE
SERVICES

HEALTHCARE
SERVICES

HOW WE
ADD VALUE

Milestone Tracking
and Course
Correction

Strengthen Corporate
Governance

Create Execution
Plan alongside
Management

March 10, 2021:
ET NOW

February 8, 2021:
Business Standard

November 27, 2020:
ET NOW

March 1, 2020:
Livemint

October 15, 2019:
Economic Times

June 5, 2019
ET Brand Equity

June 5, 2019
The Economic Times

August 4, 2018
Business Standard

June 23, 2018
MoneyControl

June 22, 2018
LiveMint

June 22, 2018
The Indian Express

June 12, 2018
Business Standard

June 12, 2018
VC Circle

May 3, 2018
Forbes India

April 19, 2018
The Economic Times

April 19, 2018
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