
A specialist credit group operating across the UK, India and Frontier Markets.
Daksfirst is a merchant banking group operating across the UK, India and Frontier Markets. Daksfirst Limited is a UK private investment firm operating as an Appointed Representative of Maystone Capital Limited, which is authorised and regulated by the Financial Conduct Authority. Capital is deployed across three regulated fund vehicles, four UK and India lending platforms, and direct co-investment alongside the group.
Sumit Kanthed
Managing Partner
CFA, FRM
Sumit brings expertise in capital markets, with coverage extending to Europe and the Middle East. He has over 14 years of experience in structured credit, derivatives, corporate finance, and asset management, with a focus on emerging markets and accompanied by a broad institutional network. He has worked at JP Morgan and a boutique PE firm on the buy side in London. Additionally, he is an investor in Daksfirst and serves as Co-CEO of Maystone Capital, a UK-focused merchant bank. Sumit holds Bachelor's and Master's degrees in engineering from IIT Bombay, an MBA from IIM Lucknow, and certifications in CFA and FRM.
Kartik Krishnaswamy
Investor Relations
Kartik started his career in management consulting in North America and Europe, serving a diverse corporate client base for 8 years. In the last decade, he has focused on the asset management business for South Asia at Barclays Investment Management and at Crossbridge Capital, a London-based asset management firm. Currently, he runs Maystone Capital as a Co-CEO alongside Sumit, covering clients in Developed markets. He holds a BS in Industrial Engineering, an MS in Applied Mathematics, and an MBA from the University of Chicago.
Abhineet Rai
Client Solutions
Abhineet brings over three decades of experience in private banking and wealth management, having worked extensively with high-net-worth clients in both India and the UK. At Daksfirst, he is focused on delivering direct, tailored solutions for clients seeking capital, investment, and strategic financial support. Abhineet specializes in structuring and executing principal investments across a range of asset classes, including hotels, buy-to-let portfolios, industrial real estate, and loans against listed securities. His deep expertise enables Daksfirst to provide bespoke credit solutions, helping clients unlock liquidity, optimize their balance sheets, and achieve their financial objectives through tailored solutions driven approach. With a proven track record in bridge lending and private wealth management, Abhineet is committed to building long-term partnerships and delivering results-driven outcomes for clients.
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Alexander Tovey
Design and Operations
Alexander is a distinguished leader in digital strategy, design, and operational transformation, with over 30 years' global experience across hospitality, retail, and luxury sectors. Renowned for driving complex business change and optimizing performance, he has led digital transformation, revenue optimization, and experience design initiatives for major international brands including Kerzner, Soho House, Chanel, Grupo Vidanta, Qatar Duty Free, and Richemont. Combining deep expertise in consumer data, agile technology, and elevated brand experience, Alexander delivers measurable results and operational excellence. His professional network features global C-suite leaders, investors, and operators, strengthening his ability to unlock new value. At Daksfirst, Alexander is responsible for advancing both design vision and operational effectiveness across the portfolio, creating seamless, growth-oriented solutions within the hospitality, retail, and technology sectors.
Amit Kanthed
Vice President, Investment Team
Chartered Accountant
Amit is a Chartered Accountant with over 10 years of experience in the financial services sector. He joined Daksfirst in 2021 and has worked on various deals in the infrastructure space. Previously, he worked with EY and PWC, where he led audits for various large NBFCs, MFIs, and stock exchanges. He also led a team of 20 people and collaborated with international teams in India and the USA.
Amoli Sanghvi
Vice President, Finance and Operations
Chartered Accountant
Amoli is a Chartered Accountant with over a decade of experience in finance, operations, and investment management across global markets. She has worked with Apex Group, and Forvis Mazars, advising private equity, venture capital, and high-growth companies on fundraising, valuations, and M&A. She brings deep expertise in financial due diligence, cross-border integrations, and fund reporting.
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