India's Trusted Growth-Oriented Private Equity Real Estate Investment Manager
At Lapis, the firm provides global institutions access to Investments in India's high-growth real estate markets with on-the-ground expertise and execution. The firm builds enduring partnerships underpinned by entrepreneurship, performance, and integrity. The firm's cycle-tested team of local experts has a proven track record in sourcing, executing, and managing diverse transactions nationwide. The firm has real estate private equity experience of over 20 years, serving 80+ global investors, managing US$ 2 Billion of equity capital, with portfolio experience of 62 investments in 23 cities.
Prakash Kalothia
Managing Director & CEO
Heads Lapis’ investment strategy with over 30 years in real estate investing and development. Oversees proprietary deal sourcing and maintains extensive industry relationships. Member of the Confederation of Indian Industry's Real Estate Committee. Holds an AMP from MIT Sloan, MBA from ISB Hyderabad, and B.Tech in Civil Engineering from NIT Trichy.
Vamsi Gali
Managing Director
Oversees investment execution and asset management across residential, office, and mixed-use developments. Experienced across the full investment lifecycle including due diligence, delivery, and exits. Specializes in turnaround situations and joint venture restructuring. Holds a B.Tech from IIT Madras and MBA from ISB.
Kunal Rakshit
Managing Director
Leads investment evaluation and portfolio strategy with experience in real estate private equity, public markets, and entrepreneurship. Formerly with First Voyager and Baer Capital Partners. Holds a BA in Economics from Amherst College, MBA from IIM Bangalore, and is a CFA charterholder.
Divya Sharma
General Counsel
Oversees domestic and international transactions with expertise in foreign investment regulations and cross-border exits. Former Legal Director at Bird & Bird LLP London. Qualified Solicitor in England and Wales and Advocate in India. Holds a BA LLB (Hons) from National Law School Bangalore.
Nitin Valani
Director
Oversees financial structuring, due diligence, and portfolio oversight. Previously with Ernst & Young and Deloitte specializing in assurance for financial institutions and investment funds. Qualified Chartered Accountant with M.Com from Mumbai University.
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Kartikey Goyal
Vice President
Responsible for deal sourcing, analysis, and execution. Prior experience at Goldman Sachs and Indospace. Holds a B.Tech from University of Delhi and MBA from NMIMS Mumbai.
Sunil Sakpal
Senior Manager – Finance
Oversees financial reporting, budgeting, and treasury functions. Brings 20 years of finance and accounting expertise. Holds a Bachelor of Commerce from the University of Mumbai.
Deborah Zuzarte
Investor Relations and Office Manager
Manages investor relations and office operations. Previously worked with Hexaware and Kalpataru Group. Holds a B.A. from the University of Mumbai along with diplomas in Secretarial Practice and Healthcare Ethics.
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