ABOUT

Fund SOCIALLY RESPONSIBLE INVESTING

300 CR *FUND

SEBI REGISTERED & AIF FUND

NURTURING ENTREPRENEURS

Pegasus India Evolving Opportunities Fund, (the "Fund") is a SEBI approved 150 Crore (with Green Shoe option of 150 Crore) Category II Alternative Investment Fund. The fund will focus on Socially Responsible Investments in.

  • Financial Inclusion
  • Education
  • Affordable Housing
  • Healthcare

Our investment team cumulatively has over 70 years of global experience in fund management and operational exposure in many sectors including FMCG, Healthcare, Real Estate and Start-ups. The fund has also put in place an Advisory Board with great domain experience across various industry verticals and thus would enhance the mentoring experience for these start-ups.

Our investments are with a view to support and encourage early stage entrepreneurs and with a clear view on sustainable and scalable business models. We build an ecosystem which provides business acceleration, mentoring services along with our network and relationships to our investee companies to help them expand and scale up. Our involvement with our investee companies give them an impetus and encouragement as we dwell in the philosophy of “Make it Happen” for the Entrepreneurs.

For us, Social Impact Investment means investing in a socially responsible manner and which creates direct & indirect social benefits while generating financial returns.

Our USP

Operational investors with key insights in business strategy, development & acceleration coupled with mentoring and monitoring

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StartUp Ecosystem

We are a series A investor. We invest where proof of concept is already established.

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Make it happen

Operational Investors, Business Accumen, Business Development, Opening Wide Network.

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ADDING VALUE TO INVESTOR

Result that produces a net positive value to all stakeholders

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Socially Responsible

Investments that directly & indirectly affects the society.

Sectors Of Business

There are a host of industries that we have our services and expertise in.

100-CR.

Financial Inclusion

Invest in companies that allow easy access & credit for the under-served.

  • Small or medium sized, slightly less mature MFIs that are, or are approaching, profitability
  • Mid sized companies focused on borrowers  not being served by HFCs/ financial institutions
  • Business models aimed at creating an ecosystem that enables and encourages people to use financial instruments in their everyday life
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Education

The Fund will focus on the challenges faced by the specially enabled and upgrading of rural skills by use of technology

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Ecosystem Offering

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Investment Committee Team

N Shridhar
Founder & Managing Director
Mr. Shridhar is currently the Managing Director of Pegasus FinInvest Advisory Pvt Ltd.
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Prakash Ranjalkar
26 years of operational experience and board level exposure in world class companies based out of India and Africa.
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Jayesh Desai
Has a professional experience of more than 25 years in the fields of Corporate Finance, Financial Services and Infrastructure Industry.
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Riaz Taher Thingna
Has more than 30 years’ of experience in advising large transnational companies as well as other large and medium sized companies
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  • Having to her credit more than 40 debt and 5 PE transactions
  • Expertise in Operational synergies and secretarial functions
  • Successfully closed one PE deal during the year 2015
  • Strategic Financial and Legal Advisor at Shiva Industrial Security Agency (Gujarat) Private Limited (CVCFL Funded Company), Ezon Energy Solutions Private Limited (Solar Company) and Innovative Telecom & Software Private Limited
  • Head of Financial Planning and Secretarial affairs at Steps W2V Private Limited
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Corporate Finance, Operations & Private Equity.Venturing India’s one of the largest Investment Banking team in terms of size. Currently on Board of Ezon Energy Solutions Private Limited (vice chairman), Steps W2V Private Limited (founder director), MSK Capital ventures Private Limited, Tridha Advisory Private Limited and some other marquee infrastructure companies.

He has experience to work as the EA to MD of Doshion Private Limited where he has managed the entire Boot operations, MIS & Fund Raise from multilateral with IFC. He has also worked with Times of India as part of family office of the promoters and has managed Equity, has worked with the CM of Gujarat from 2008 to 2012 on vibrant Gujarat themes, he is now a part of core infra group formed by the central government. He established ICICI Bank retail and SME business for Gujarat.

He has capabilities of Turning around Enterprises. The most recent track record includes – A) Getting $8Mn topline for a startup in First year of operations in Infra and Waste Management, B) Building a Solar Energy Company from 15MW to 130 MW in first year of operations.

A Seasoned Finance Professional with Deep Understanding of Business Processes, Capital Structuring, Business Planning and Implementation.

Ability to prepare Companies for next orbit of growth and drive the change single handedly.

He has 360 degree exposure to entire organisational working system from HR, Business Discovery, Inside Out Approach, Taxation (Direct, Indirect), Debt and Equity Fund Raise.

Career Graph Includes Executing more than 80 Debt Syndication, 17 Private Equity, 5 Organization Structuring, 6 M&A Mandates, 2 ERP Implementation (Full Cycle) and 2 IPO's

Core competencies include Change Management, Startup Growth, M&A, Private Equity, Public Offerings, Organisational Structuring, Preparation of Business Plans and Implementation.

Visited Business Plans and had direct interactions with more than 700 Promoters across sectors to understand their business, organization and risk aspects.

Specialties: Organisation Building, Risk Capital Mustering, Public Offerings, M&A and Peoples Management

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corporate debt. Before setting up Tridha (a boutique investment bank), Shamil was part of the Nomura India Infrastructure fund Advisory Team. Before that, Shamil was based out of Hong Kong as part of Nomura's Asia Merchant Banking team, responsible for principal finance private equity investments in India. He was involved in advising on various components of the investment process, including sourcing and screening deals, due diligence and portfolio monitoring.Before joining Nomura, Shamil worked with Meghraj Finance, a UK-based investment banking and advisory group, ICICI Bank Limited, the largest private sector bank in India, and Gujarat Venture Finance Limited, one of the pioneers of venture capital in India. He has been involved in several M&A and private equity transactions in the technology, engineering, healthcare, media and infrastructure space, including a unique "equity for carbon credits" deal in the Indian power sector, as well as several project finance deals in the power and energy sector.Shamil holds a Post Graduate Diploma in Management (Gold Medal) from Nirma Institute of Management, Ahmedabad.Select Deal experience:

As part of the investment team at GVFL, Shamil led investment initiative in an internet service provider, at that time Gujarat’s leading ISPs. Shamil led the due diligence, including market (meeting several competitors, service providers; detailed market analysis through primary and secondary research), technical (appointing and working with technical consultant, a professor at IIMA), financial (working with DD agencies and driving analysis of key risk factors) and promoters (including promoter background checks). Shamil was actively involved (as GVFL nominee on Board of the company or otherwise) in monitoring of various portfolio companies with inputs appreciated by every company that he was part of.

As the only credit manager for corporate banking division of ICICI Bank in Gujarat, Shamil was responsible for credit and risk analysis of every corporate client in Gujarat. Shamil pushed several proposals to upward rating based on rigorous risk/credit analyses, which resulted in ICICI breaking into new clients. He also created procedures to effectively coordinate actions of the corporate banking branch, corporate legal and corporate credit.

As part of the deal time for a large conglomerate, Shamil was involved in strategic investments in a telecom shelter company as well as an engineering services company. Again, Shamil led the due diligence, valuation, negotiations, agreements and structuring of both these investments. Post-investment, the client made 10X in the telecom shelter deal, while the engineering services company has already provided 2X returns from cash from operations, without exiting.

As part of Nomura’s investment monitoring team, Shamil led several initiatives at a media portfolio company including design and launch of new products, implementing and monitoring an MIS system, assistance in recruiting key positions, providing market and competition inputs to the company as well as creating and implementing an internal audit process.

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  • An expert in Direct tax, inbound and outbound investment, transaction tax advisory services, business restructuring and international tax, FEMA advisory services and is an advisor to leading law firms on the subject.
  • On board of various prestigious international companies.
  • Partner & National Tax Practice Head for Grant Thornton, India.
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With over 17 years of experience in textiles, garment manufacture and exports, Sanjeev Mukhija is the founder of Goldenseams Industries Pvt. Ltd. and the Managing Director of Breakbounce Streetwear. Sanjeev Mukhija spearheads all initiatives with regard to business and strategy.
His journey started in 1998, when his first venture kicked off exporting premium fabrics into the Middle East and East Asian markets.
Goldenseams Industries Pvt. Ltd. was started with a vision to collaborate with international fashion powerhouses, catering to the retail fashion requirements of brands like Energie, Tommy Hilfiger, Super dry, Riverisland, Jules and Auchan from France, Newyorker from Germany, along with the quintessential European brands like JC Rags, Mango, Zara and others. Sanjeev Mukhija has driven the company to have a fine mix between large international retailers and brands.
What started as a modest yet impressive beginning, the export house grew from Rs.18 crs in 2007 to an impressive Rs.150 crs in 2015.With his modern and result oriented approach Sanjeev Mukhija has built this export house with a brain trust of talented and experienced resources. He has incorporated industrial engineers and analysts, fostering a more effective and scientific approach to business development.With a magnitude of experience in garment construction and specialization in ‘of the peg’ street-wear, the decision to start his own brand with a distinct international signature came naturally to him.
As India’s first streetwear brand, Breakbounce drives the onus of creating a unique and holistic retail experience. It is truly a global fast fashion brand for men with its own unique signature and flavor. Sanjeev Mukhija has a vision to make Breakbounce an international fashion powerhouse and be counted amongst the largest names in prêt fashion nationally and globally.
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Mr. Shridhar is currently the Managing Director of Pegasus FinInvest Advisory Pvt Ltd. He is also a Director and Advisor for Hiranandani Communities which deals in real estate, hospitality, energy and aviation segments. He looks after the real estate business along with being Chief of Investment & Strategy.
Prior to this he was the group director/CEO of Major Group whose main interests were in hospitality and real estate & infrastructure. The group has hotels like the Le Meridian, Grand Hyatt and Hilton and other hotels under development totalling to an inventory of close to 1500 rooms in India. Before that, he was the Group CFO of Future Capital Holdings Ltd, the capital arm of Future Group having interests in investment advisory services for funds close to $ 1Billion meant for investments in consumer space, modern retail led real estate and mixed use hospitality development. The company also is the promoter of its larger business of pan India distribution of financial products through the strong backbone of its holding company Pantaloon Retail (India) Ltd, the largest retailer in the country today.Prior to Future Group, Mr. Shridhar was the CFO for Britannia Industries Ltd and was also on the boards of subsidiary companies/trust etc. He has had a long stint of 7 years with Coca-Cola India as Vice-President Finance and as a board member at the bottling company Hindustan Coca-Cola Beverages Ltd.His experience spans across various facets of business strategy & finance including M & A, treasury, and restructuring business models for efficiency & effectiveness and more importantly across FMCG, consumer space, financial services, real estate and hospitality. He has been involved with various start-up operations in the country during his stint with various organizations like State Bank of India, Bharat Heavy Electrical Ltd., Asian Paints and Unilever Group at Ponds India Ltd, Coca-Cola & Britannia, Future Capital and projects in Real estate and Hotels.He did his Post-graduation in Management from Mumbai University and is an Associate Member of the Chartered Institute of Management Accountants, London; and Chartered Global Management Accountants (CGMA). He is also an Associate Member of the Institute of Cost and Works Accountants of India and an Intermediate with Institute of Company Secretaries of India.

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Mr. U.R.Bhat is currently Director of Dalton Capital Advisors (India) Pvt. Ltd. He is also an investment advisory company of the Dalton Group, London, a global money management house. Prior to this, he was the Chief Investment Officer of Jardine Fleming in India, which subsequently became a part of JP Morgan - advising the India dedicated funds of the Flemings Group, which was one of the largest institutional investors in India. In the early nineties, he established a successful asset management business for Indian Bank, a leading public sector Bank in India. He has been writing a well- regarded monthly editorial column for the last several years in the Economic Times, one of the world's largest financial dailies. He has been closely involved in formulating policies for benchmark indices for the Bombay Stock Exchange, as a member of its Index Committee. He did M.Sc. from IIT - Kanpur and is a Fellow at Chartered Institute of Bankers’, London.

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Shripad was a Founder Director at MarketGate Consulting, a strategy and marketing consulting company. He has consulted across a multitude of sectors such as FMCG, media, apparel, OTC products,automobiles, entertainment and financial services. He recently sold MarketGate to the Publicis Groupe of France. He is a prolific angel investor and has helped nurture several brands is currently promoting a new food venture.

Shripad’s breadth of experience prior to consulting covers industries such as healthcare, consumer goods and beverages. He has steered diverse businesses and led sales and marketing teams for several years in the course of his career.

Shripad was Vice President-Marketing and Business Head for New Beverages at Coca-Cola India for over five years beginning October 2000. He also led the advertising of core brands (Coca-Cola, Fanta, Sprite) for India, Indonesia, Rural China and South West Asia. Prior to that he was Vice President-Marketing for the Johnson & Johnson Consumer Business and also headed the Vision Care (disposable contact lenses) profit center. He has also spent more than seven years in the pharmaceutical business of Johnson & Johnson India.

Shripad is an MBA from the Indian Institute of Management, Bangalore and an alumnus of executive programs at the University of California at Berkeley as well as Duke University. He is a frequent speaker at industry conferences and has contributed articles to leading business dailies and magazines.

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  • Managing Partner NetCo Consulting LLP, an international strategic consulting group.
  • Provides strategic, technology and growth related consultancy to companies engaged in “creation and managing of network infrastructure” for Telecom, Banking and Smart-City sectors
  • 26 years of extensive operational experience and board level exposure in world class companies.
  • Worked in CEO & COO roles for more than 10 years in different companies of international repute (including Africa Towers, a subsidiary of Bharti Airtel) in India and Africa. Managed P&L and KPI’s of companies with annual revenue in excess of $200Mn. Lead M&A deals in the telecom, enterprise network sector with deal sizes in excess of US$ 1 Bn.
  • Pioneered independent telecom tower company concept in India and built pan Indian independent telecom tower company with best in class people and processes. Program managed telecom EPC projects worth capital outlay of US$450Mn

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  • Head of Investment, Piramal Enterprises
  • Has a professional experience of more than 25 years in the fields of Corporate Finance, Financial Services and Infrastructure Industry
  • Prior to joining Piramal Enterprises, he was the CEO of Unitech Infrastructure. Worked with Coca Cola India, Enam Securities and Ernst & Young.
  • Has been a Nominee Director at Sanghi Industries Limited since May 2016. Served as Director of Green Infra Limited

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In 1975, she received a Bachelor's Degree in Economics from Lady Shri Ram College for Women at the University of Delhi. She then earned an MBA from Jamnalal Bajaj Institute of Management Studies. She received a scholarship to Michigan State University in the United States and served as an intern at United Nations Headquarters.

Her first job was at Voltas, where she worked on the launch of the soft drink brand Rasna. She worked for the Indian division of Cadbury for 14 years, expanding the company's markets in India and Africa. In 1994, Coca Cola hired her as its Marketing Director and she was later appointed Vice President of Marketing for Latin America. During her nine years at Coke, Bali also worked as Vice President of Corporate Strategy.She left Coca-Cola in 2003 to work at the Zyman Group. She was Managing Principal and Head of the Business Strategy at the group's Atlanta location.

She left in 2005 to take up the position of CEO at Indian food company Britannia Industries, where she was eventually appointed Managing Director in 2006. Under her direction, Britannia's revenue tripled to $841 million. Bali was awarded the "Business Woman of the Year" Award at the 2009 Economic Times Awards.In 2009, she founded the Britannia Nutrition Foundation which combats child malnutrition through the distribution of fortified biscuits to Indian schoolchildren. She won a Corporate Social Responsibility Award for her work with the foundation.In 2011, Forbes named her on its list of "Asia's 50 Power Businesswomen".

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  • Chief Executive Officer and Managing Partner at Haribhakti Group and Co-Founder, Partner and Managing Partner of Haribhakti & Co. Charted Accountants
  • Serves as an Advisor at Gaja Capital Partners, Sumedha Fiscal Services and Fin-e-ssential Infotech
  • Has more than 30 years of experience across various geographies and industries. An experienced accountant and an independent board member of a number of leading Indian companies
  • Prior experiences include stints with Arthur Young & Co. and consulting assignments with the Polish Business Advisory Services
  • An active speaker at several seminars, conferences and training programs and is associated with IIM-Ahmedabad as a visiting faculty member

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  • Chairman and Managing Director, Knight Frank
  • Served as the CEO and Managing Director at Kshitij Investment Advisory Company Limited of Capital First Limited (formerly, Future Capital Holdings). Was a Partner at Everstone Capital Management (Everstone Capital Ltd.) and was associated with Everstone since 2005
  • Served as Head of Mall Management at Future Retail Limited and as CEO at Inox Leisure Limited and Gujarat Fluorochemicals Limited
  • Credited to have built up Indian Oxygen Leisure as a multiplex company from scratch over his four-and-a-half year tenure.
  • Has 20 years of experience in entertainment and hospitality industries
  • Serves as Chairman and has been a Director of Ambit Investment Advisory Company Limited since June 6, 2006.
  • Served as a Non-Executive & Independent Director of Galaxy Entertainment Corporation Limited from September 19, 2006 to May 28, 2013.

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  • Founder and Managing Director, BlueMount Capital. BlueMount Capital is an Australian based capital markets firm, providing Capital Advisory and Introduction services to companies seeking capital and finance in the unlisted, pre-IPO and listed markets.
  • Managing Director, Funding Strategies Pty Ltd. Funding Strategies is an Australian advisory firm, providing Business Matching and Introduction services to companies seeking capital primarily in the unlisted markets
  • More than 25 years of management experience in various roles including Managing Director, Group Director, Business Operations Head in Investment banking, Energy, Mining and IT

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  • An entrepreneur and Co-Founder of Pegasus FinInvest.
  • Established Bizofit as an IT Services Marketplace, that also provides IT Sourcing Advisory services
  • More than 18 years of experience in in the IT Services & Consulting industry
  • Most recently was the Executive Vice President at Microland, tasked with accelerating growth in the US & European geographies.
  • Prior to that, was with Tier-1 IT services companies, with a 8+ year stint at Infosys Technologies, one of the earlier pioneers in the Offshore IT business.

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  • Has focus in deal origination, transaction closure and negotiation
  • Total 12 years of experience in real estate, infrastructure and investments; of which 7 years was in real estate and hospitality investment
  • Managed investment of US$ 350 mn in real estate in one of the reputed Private Equity firm with AUM of more than US$ 2.5 billion
  • Area of expertise in investment and finance, deal origination, structuring, negotiation, agreement
  • Has worked with IL&FS Investment Manager, a Private Equity arm of IL&FS and Investment Team (real estate and logistics) of Reliance Infrastructure Ltd

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  • Gururaj has around two decades of well-rounded experience in private equity, corporate finance and business advisory
  • Gururaj spent more than five years with Everstone Capital where he was investing and handling portfolio of investments based out of both Mumbai and Bangalore.
  • At Everstone he handled investments in consumer and financial services space and was also responsible for handling investments in logistics and education technology space
  • Prior to that he was with ICICI Venture, the private equity arm of ICICI Bank, handling investment and divestment structuring and managing and monitoring portfolio companies.
  • He has corporate and business advisory experience as well having handled treasury and corporate finance at Sonata Software and taxation and business advisory at RSM (now part of PWC).

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  • He is handling Legal, Secretarial, Compliance, Arbitration
  • More than 20 years experience with many companies such as NSDL, Edelweiss, Barclays, Bahrain Financial Exchange
  • Providing consultancy since 2012 in the field of Secretarial, Legal, Compliance & Finance as “Chetan Gandhi & Associates” a Practising Company Secretary firm
  • He is an expert Lecturer at ICSI, Mumbai University, SNDT University and other Institutes
  • He has authored a book titled “Compliance Manual for Automobile Dealers” and “Easy Notes of Company Law” which is based on Companies Act, 2013

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  • He is handling Accounts, Finance & Risk Management.
  • Chartered Accountant
  • Experienced in diverse activities from setting up of business to managing its day to day affairs such as book keeping, direct and indirect tax reporting and other compliances
  • Experienced in managing and raising working capital and long term / project loans growth capital for clients
  • He has worked with Yes Bank, Citi Group and Cushman and Wakefield

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An entrepreneur by nature, results-oriented self-motivated with very successful carrier and clean track record for last 41 years. Extensive experience in international freight forwarding, transportation, warehousing & logistic industry. Always looking forward to expand business activities to achieve targeted growth. An Angel Investor in technology startup companies.

  • 9+ years of experience in domestic & international banking.
  • 10+ years of owning and managing a Transport Company as a promoter.
  • Expert in Project Planning, Execution, Control and Monitoring.
  • Expert in finance strategy implementation and integration with operations.
  • Successfully led teams on projects for execution and timely completion.
  • Extensive functional knowledge in the areas Cargo Consolidation, Transport, Packaging, Warehouse Management, Import/Export Document Processing, Import/Export Trade, International Relocation business, Custom Clearance, Accounting and Finance.
  • Excellent at client expectation management and team coordination.
    30+ years of experience in domestic and international logistics.

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  • Completed her Articleship at S.K. Rambhia & Co
  • Trained in Direct tax compliances including preparation of Income Tax Returns, Tax Audit Reports and TDS Compliances
  • Indirect Tax work included Service Tax and VAT – Periodic returns and other related compliances
  • Experience of Statutory Audit of Oriental Bank of Commerce

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Mr. Jitendra M. Hegde, is 44 years old entrepreneur with a qualification of B.E. in Electronics, and is running the first generation group of companies having presence all over India and abroad. He is having experience of 21 years in the healthcare sector.

As Mr. Hegde wanted to have his own set up he had started his first venture M/s. Biomedicon Systems (I) Pvt. Ltd. in 1995 with the association of his elder brother.

Mr. Jitendra M. Hegde a first rate entrepreneur dreamt of Biomedicon with a concrete vision of expanding it into consortium of companies. Starting off from humble beginning he strived to this position with patience of a saint & nerve of a warrior.

Under the dynamic leadership of Mr. J.M. Hegde and the able support of his next generation together with a team of professionals who are progressively expanding and diversifying the company's business, Biomedicon group is poised for a quantum leap forward.

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Mathew Samuel Kalarickal is an Indian cardiologist widely known as the father of angioplasty in India. He specializes in coronary angioplasty, carotid stenting, coronary stenting and rotablator athrectomy.He has been awarded the prestigious

  • Doctor of Science Award by the Dr. M.G.R. University in 2003
  • Padmashri by the President of India in 2000
  • Dr. B. C. Roy Award in Interventional Cardiology in 1996

Dr. Mathew is credited with performing over 8,000 Angioplasties. He is the first Indian Cardiologist to initiate various new techniques in Angioplasty such as the usage of Drug-eluting bio-absorbable stents. This new type of stent, dissimilar to a metallic stent, is metabolized slowly by the body and then absolutely absorbed over the certain period of time leaving behind a cured natural vessel, unlike in earlier methods where a metal stent is made to clear clog in arteries of patients.

He has also trained surgeons in angioplasty programme in Pakistan, Bangladesh, Sri Lanka, the United Arab Emirates, Abu Dhabi, Muscat, Indonesia, Thailand and Malaysia.

Dr. Mathew is at present the Director, Interventional Cardiology and Cardiac Catheterisation Laboratories, Apollo Hospitals, Chennai. He is also a visiting Interventional Cardiologist at hospitals in different parts of India. He is the founder-convenor of the National Angioplasty Registry of India, which is a forum for interventional cardiologists of the country to learn from each other, streamline the standard of procedure and maintain international standards.

Dr. Mathew is also involved with Shree Pacetronix Limited, in Pithambur, Madhya Pradesh manufacturers of cardiac pacemakers Kalarickal was the President, Asian-Pacific Society of Interventional Cardiology, from 1995 to 1997 and Chairman of Interventional Cardiology, Asian-Pacific Society of Cardiology, from 1995 to 1999.

Neeraj has extensive experience in large corporates in the areas of business development, finance and project management of Projects (especially in oil & gas and infrastructure sector). His broad experience encompasses new market and business development, selection of partners and structuring of joint ventures, leading and documenting commercial negotiations, business case development, investment analysis and valuation, raising debt finance, project and risk management, capital and revenue budgeting, commercial due diligence and contract management.

After originally graduating in Electrical Engineering in 1984, he subsequently completed MBA in 1988. First 5 years he worked with Price Waterhouse Cooper, Jubilant Organosys and Pasupati Acrylon as consultant, executive assistant and business developer respectively. His foray into large projects started with Essar (1994-98) where he worked on all aspects of development of 2.50 million TPA LNG receiving terminal project at Hazira, Gujarat apart from studying several other projects. He spent 11 years with Total India developing 3 projects viz., LNG terminal at Mumbai (project did not take off), LPG Cavern Project at Visakhapatnam (saw the project from concept to commissioning – was CEO of the project during construction and financing phase) and Hazira Port sub concession project at Ahmedabad (after several iterations, the sub concession was successfully awarded and project is successfully completed).

He worked in various capacities with Essar Group (2010 – 2015) viz., Chief Executive Officer of Essar Concessions limited, Chief Commercial Offer for Essar Projects India Limited. He looked after Essar’s foray into infrastructure business including road, water, airports, pipelines, etc. He closely worked with regulatory bodies such as NHAI.

He is Founder-Director of Spin Consultants, which supports start-up enterprises by advisory on “going to market”, raising financing and strategic business planning. He has been delivering lectures in the field of Contract Management, Negotiations, etc. at various forums.

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corporate debt. Before setting up Tridha (a boutique investment bank), Shamil was part of the Nomura India Infrastructure fund Advisory Team. Before that, Shamil was based out of Hong Kong as part of Nomura's Asia Merchant Banking team, responsible for principal finance private equity investments in India. He was involved in advising on various components of the investment process, including sourcing and screening deals, due diligence and portfolio monitoring.
Before joining Nomura, Shamil worked with Meghraj Finance, a UK-based investment banking and advisory group, ICICI Bank Limited, the largest private sector bank in India, and Gujarat Venture Finance Limited, one of the pioneers of venture capital in India. He has been involved in several M&A and private equity transactions in the technology, engineering, healthcare, media and infrastructure space, including a unique "equity for carbon credits" deal in the Indian power sector, as well as several project finance deals in the power and energy sector.
Shamil holds a Post Graduate Diploma in Management (Gold Medal) from Nirma Institute of Management, Ahmedabad.
Select Deal experience:
As part of the investment team at GVFL, Shamil led investment initiative in an internet service provider, at that time Gujarat’s leading ISPs. Shamil led the due diligence, including market (meeting several competitors, service providers; detailed market analysis through primary and secondary research), technical (appointing and working with technical consultant, a professor at IIMA), financial (working with DD agencies and driving analysis of key risk factors) and promoters (including promoter background checks). Shamil was actively involved (as GVFL nominee on Board of the company or otherwise) in monitoring of various portfolio companies with inputs appreciated by every company that he was part of.
As the only credit manager for corporate banking division of ICICI Bank in Gujarat, Shamil was responsible for credit and risk analysis of every corporate client in Gujarat. Shamil pushed several proposals to upward rating based on rigorous risk/credit analyses, which resulted in ICICI breaking into new clients. He also created procedures to effectively coordinate actions of the corporate banking branch, corporate legal and corporate credit.As part of the deal time for a large conglomerate, Shamil was involved in strategic investments in a telecom shelter company as well as an engineering services company. Again, Shamil led the due diligence, valuation, negotiations, agreements and structuring of both these investments. Post-investment, the client made 10X in the telecom shelter deal, while the engineering services company has already provided 2X returns from cash from operations, without exiting.
As part of Nomura’s investment monitoring team, Shamil led several initiatives at a media portfolio company including design and launch of new products, implementing and monitoring an MIS system, assistance in recruiting key positions, providing market and competition inputs to the company as well as creating and implementing an internal audit process.

Advisory Board & Mentors

Vinita Bali
Advisory Board Member
In 1975, she received a Bachelor's Degree in Economics from Lady Shri Ram College for Women at the University of Delhi.
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Shailesh Haribhakti
Advisory Board Member
Has a professional experience of more than 25 years in the fields of Corporate Finance, Financial Services and Infrastructure Industry.
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Shripad Nadkarni
Advisory Board Member
He has consulted across a multitude of sectors such as FMCG, media, apparel, OTC products, automobiles, entertainment and financial services.
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Padmashri Dr. Mathew Samuel Kalarickal
Advisory Board Member
Mathew Samuel Kalarickal is an Indian cardiologist widely known as the father of angioplasty in India and he has been awarded the prestigious Padmashri.
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Dr. Mark Rainbird
Advisory Board Member
Founder and Managing Director, BlueMount Capital. BlueMount Capital is an Australian based capital markets firm, providing Capital Advisory.
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Sham Bendre
Mentor
A veteran business promoter and entrepreneur with a legacy of donning multiple hats for past 28 years and more, in India and abroad.
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Shishir Baijal
Mentor
Mr. Shishir Baijal is the Chairman & Managing Director, Knight Frank, He has 20 years of experience in entertainment and hospitality.
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Jitendra M. Hegde
Mentor
Mr. Jitendra M. Hegde, is 44 years old entrepreneur with a qualification of B.E. in Electronics and having experience of 21 years in the healthcare sector.
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Sanjeev Mukhija
Mentor
With over 17 years of experience in textiles, garment manufacture and exports, Sanjeev Mukhija is the founder of Goldenseams Industries Pvt. Ltd.
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Investment & Management Team

Shamil Chotai
Head of Investment
Shamil has over 15 years of experience including eight years in private equity and venture capital and seven years in investment banking and
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Hiten Shah
Co-Head of Investment
Mr. Hiten Shah is a Chartered Accountant by Profession. He has over 15 years of experience in Investment Banking, Organisation Building,
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N Shridhar
Mr. Shridhar is currently the Managing Director of Pegasus FinInvest Advisory Pvt Ltd.
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V Gururaj
Investment
Gururaj has around two decades of well-rounded experience in private equity, corporate finance and business advisory. Read More
Prakash Ranjalkar
Operating Partner
26 years of operational experience and board level exposure in world class companies based out of India and Africa.
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Bala Palamadai
Operating Partner
An entrepreneur and Co-Founder of Pegasus FinInvest.

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Chetan Gandhi
Head - Legal & Compliances
He is handling Legal, Secretarial, Compliance, Arbitration.

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Vijay Goswami
Head – Finance & Accounts
He is handling Accounts, Finance & Risk Management. Read More
Neha Agarwal
Senior Analyst
She has overall 5 Years of Experience in Finance and Accounts. Read More
Bhavini Chawda
Junior Analyst
Completed her Articleship at S.K. Rambhia & Co. Read More

Portfolio/Pipeline Transactions

Some of our successful and ongoing value propositions

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