
Catalysing Sustainable Growth
Xponentia was set up to address the paucity of capital in the Indian mid-market corporate sector. Xponentia aims to be a value added partner who can catalyse sustainable growth by providing capabilities and capital to its portfolio companies. Leveraging decades of investing experience, Xponentia has developed a unique Value Creation Strategy that provides a compelling value proposition to its portfolio companies with demonstrated results. Across Xponentia Opportunities Fund-1 and Xponentia Opportunities Fund-2, the firm now manages approximately $200 million of investor capital.
Bhavya Kapoor
Managing Director
MBA
About 17 years of overall professional experience with about 15 years in Private Equity. Previously worked with Oman India Joint Investment Fund and Motilal Oswal Private Equity with a focus on financial services and consumer. Prior to those, worked for Tata Capital and Yes Bank. MBA from Indian Institute of Management Indore.
Devinjit Singh
Managing Partner
Member of the Founding Team and the Managing Director of Carlyle Asia Partners in India for over a decade (2008-18). USD 1.0 billion invested. Marquee investments include PNB Housing Finance and SBI Cards (among the most successful PE transactions in India). Previously Head of M&A at Citigroup India. Several marquee transactions across India's leading corporates over nearly two decades. Hindu College, Delhi University and The Fuqua School of Business, Duke University, USA.
Perumal R. Srinivasan
Managing Partner
Managing Director and Head of Citigroup India Private Equity Team (CVCI). Part of Leadership Team that raised two global EM funds: USD 1.5 billion in 2005 and USD 4.3 billion in 2007. One of 3 founders that set up HSBC India Private Equity and raised a USD 60 million fund in 1995. USD 700 million invested. Key investments include, at CVCI, Axis Bank, Yes Bank, Suzlon, Lupin, GMR and Sharekhan; at HSBC India PE, Sharekhan, Kurlon, Dishnet and Millennium Software; at ICICI Ventures, Geometric Software and Microland. CEG, Anna University, Chennai and IIM, Bangalore.
Rahul Bahri
Managing Director
MBA, CFA
About 17 years of experience in investing and investment banking. Part of Xponentia team since 2019. Previously with Rabo Private Equity fund, a consumer focused fund with an AUM of 250mn USD. Prior to that part of investment banking teams at IDFC Capital and Edelweiss. MBA from Jamnalal Bajaj Institute and CFA from CFA Institute, USA.
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Suryansh Agarwal
Vice President
CFA
About seven years of experience in Private Equity across financial services, consumer, and healthcare. Previously worked with Affirma Capital (Ex-Standard Chartered Private Equity) and Elevation Capital. Chartered Financial Analyst, CFA Institute.
Shilpa Jadhav
Vice President - Operations
Chartered Accountant
14 years of experience in the financial services industry across private equity and hedge funds. Previously worked with Samara Capital as part of the finance team and SS&C Globeop Financial Services.
Aakash Chinoy
AVP
MBA, CFA, CA
4 years of experience spanning RE Private Equity at Kotak, Investment banking at JP Morgan, Consulting at UC Strategy, and Audit at KPMG. Worked in multiple sectors including Real estate Investments, Gaming, Food services, Banking and Media. Completed MBA from IIM Kozhikode, CFA, and CA.
Minnat Rathod
AVP
Chartered Accountant, CFA Level 2 candidate
7+ years of overall experience across investment banking and transaction advisory. Previously worked with the investment banking team at o3 Capital with focus on Healthcare. Prior to that, worked at EY as a part of the team advising clients on deal structuring across sectors.
Abhi Kamdar
AVP
CFA L3 candidate
4 years of overall experience across diverse roles. Previously worked at a food tech QSR startup, Cheelizza, heading strategy and new initiatives. Prior to this worked at Carnelian Capital, focusing on investing in listed equities. Undergrad in business finance from Ahmedabad University.
Shantanu Chury
Analyst
MBA, CFA
Around 4 years of overall experience in sell-side Equity Research across sectors. Previously worked at Evalueserve, focusing on the European HealthTech and Medical Devices market. Completed MBA from IIM Kozhikode, and is a CFA Charterholder.
Keshav Parwal
Analyst
Keshav Parwal is an Analyst at Xponentia Capital with 3 years of experience at HCL Technologies across management trainee finance and CFO office roles. He covered Treasury, M&A, Controllership, Pricing, and Audit. He holds an MBA from IIM Kozhikode, is a Chartered Accountant, and is a CFA Level 3 candidate. He was awarded Youngest Chartered Accountant of India.
Madhav Sharda
Investor Relations Manager
About 7 years of overall experience in investor relations, fundraising and relationship management across AIFs, VC platforms and investment banking. Previously worked with BlackHill Fund, Venture Catalysts, Mumbai Angels and InCred Finance. Undergrad in business finance from SP Jain School of Global Management.
Renita D’Silva
Office Manager
Actively involved in handling the administrative functions. Previously worked with Kubera Partners LLC, Kotak Securities and Jet Airways. B.A. (Economics) from the University of Mumbai and Personnel Management Diploma from L.N.Welingkar Institute of Management.
Varuna Agarwal
Compliance Officer
Company Secretary, CA Finalist
4+ years of overall experience across diverse roles. Previously worked at SecMark Consultancy Limited with a focus on AIF and PMS compliances. Before that, worked as a consultant for SOX compliances at Vedanta Limited.
Akshay Shah
AdvisorOperating Advisor, Finance
20 years of experience in taxation and audits. Awarded degree on International Taxation. Served clients across sectors such as Information Technology, Engineering, Health Care and Construction. Served various multinationals for their Indian operations.
Venkat Iyer
AdvisorOperating Advisor, Information Technology
More than 30 years of IT leadership experience. Implemented transformational projects in leading organizations. Previously CIO at Wockhardt, managed an IT budget of USD ~6 million and a 75-member team. Designed and implemented automation and productivity-enhancing IT systems in Star TV, Pfizer, IBM, TVS Motor, Xerox and Canon. Selected as one of India's top 10 Chief Information Officers by the CIO Association in 2014.
Prashant Karmalkar
AdvisorOperating Advisor, Human Resources
Previously led the recruitment, policies and employee relations function for Accenture India. Consulting experience with pedigreed organizations such as McKinsey and Deloitte. Worked across industries such as financial services, manufacturing and healthcare. Coached senior business leaders for high performance and leadership across sectors.
Thomas Xavier
AdvisorOperating Advisor, Marketing
More than 30 years of experience as a marketing communication professional. Helps organizations discover their purpose, bring strategic clarity, unlock passion and achieve market impact. Till 2014, Chairman and National Creative Director of Leo Burnett Orchard, leading its rise to top 15 ranking in India. Led brand launches of IBM, Toyota, Hitachi, Ferrero and Manhattan Credit Card. Partnered India's brightest entrepreneurs at Air Deccan, Cavinkare and Himalaya.
Yogesh Bellani
AdvisorOperating Advisor, Strategy & Growth
Over 20 years of experience in starting, building and scaling consumer businesses in India and overseas. Currently founder of Uttishta Partners Private Limited, a JV partner for international heritage brands such as Pasta Zara, Darbo and Ybarra in India, building brands with an omnichannel play. Previously CEO and Wholetime Director at Del Monte Foods India Private Limited (2008-2021) and Business Head, Kohinoor Ready to Eat Foods (2000-2007). Advisory Board Member and Operating Partner and Advisor to leading corporates and private equity, and on the Advisory Board of leading management institutes and start-up incubation centres in India. Passionate about coaching and mentoring, and teaches strategy and marketing at leading business schools in India.
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