Investing in India's Growth Story.
Eraya Capital is a single-family office that invests proprietary capital across a diverse range of asset classes and financial instruments. Guided by a legacy of entrepreneurship and a commitment to responsible stewardship, the firm backs innovation-led, future-facing businesses that contribute meaningfully to India's growth story. The firm's investments are grounded in values, shaped by a long-term perspective, and aligned with enterprises that prioritise sustainability, integrity, and impact. Founded in 2015, Eraya builds on the heritage of the KCT Group, established in 1929. The firm invests patient capital with conviction, across public and private markets, debt, and alternative assets.
Varun Thapar
Founder & Principal
Varun Thapar is the Founder and Principal of Eraya Capital, the single-family office of the KCT (Karam Chand Thapar) Group. He is the fourth-generation steward of the Group, which was founded in 1929 by Karam Chand Thapar and subsequently led by Inder Mohan Thapar (1961–2010) and Vikram Mohan Thapar (2010–2024). Varun founded Eraya Capital in 2015 and has built a 150+ investment portfolio spanning listed equities, unlisted equities, fixed income, and alternatives. The Group's current operating businesses include KCT (bulk commodity logistics), Indian City Properties (premium commercial real estate), and The Waterbase (vertically integrated aquaculture).
Ayesha Thapar
Co-Principal
Ayesha Thapar is a Co-Principal at Eraya Capital, part of the founding leadership of the family office.
Nitasha Thapar
Co-Principal
Nitasha Thapar is a Co-Principal at Eraya Capital, part of the founding leadership of the family office.
Karam Chand Thapar
AdvisorFounder & Group Chairman
Inder Mohan Thapar
AdvisorGroup Chairman
Vikram Mohan Thapar
AdvisorGroup Chairman
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