Contrarian Capitalism for Mainstreaming Change
Contrarian Vriddhi Trust is a SEBI-registered Category I Alternative Investment Fund (reg. IN/AIF1/14-15/0120), one of India's earliest SEBI-registered AIFs, founded in 2013 and managed by Contrarian Capital India Partners Private Limited, operating as 'Contrarian Drishti Partners'. The fund is an early-stage impact investor focused on for-profit enterprises addressing affordability and accessibility in healthcare, education, livelihood generation, fintech, food & agribusiness, and energy/utilities access — targeting commercially viable businesses that deliver measurable social outcomes. The fund was set up by Somak Ghosh, a co-founding team member of Yes Bank and former Group President of Corporate Finance & Development Banking, who left the bank in 2012 to mainstream 'Contrarian Capitalism' — the thesis of investing in bottom-of-pyramid businesses. Portfolio investments include Pratilipi (vernacular content), Progcap (supply chain finance), Signzy (digital onboarding), Squadstack (sales tech), and Minjar (cloud management), among 12 total investments.
Somak Ghosh
Founder & Managing Partner
Somak Ghosh is the Founder and Managing Partner of Contrarian Capital India Partners and Contrarian Drishti Partners, which manages the Contrarian Vriddhi Fund. He was a co-founding team member of Yes Bank, where he served as Group President of Corporate Finance and Development Banking, overseeing 70% of the bank's assets (USD 12 billion) and over 50% of its profits. His development banking work for over 1 million low-income families was the subject of a Harvard Business School case study in 2010, earning him a Harvard Advanced Leadership Fellowship in 2011. He left Yes Bank in 2012 to set up the fund. He has a B.E. in Chemical Engineering from Mumbai University and an MBA in Finance from FMS Delhi.
Sumantra Sen
Co-Founder
Sumantra Sen is a co-founder of Contrarian Capital India Partners, the investment manager of Contrarian Vriddhi Fund.
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