Aavishkaar Capital

“Most often enough, you've seen that teams which have a healthy mix tend to do better. And, you know, and now when you read a lot of global literature, you see that it is true that well-balanced, well-diverse teams tend to do far better than very homogenous tea…”

“And in the last 1015 years, the sector has really come out very strong. What started off as a few thousand, you know, or a few lakhs in size is now over two lakh crores in sector size, right?”

“What we do consciously is we try to create corporate governance. Even at the board levels, we try to ensure there is gender balance on the on boards. We try to bring in senior women leaders who are able to add a lot of value. And then because we also believe t…”

“One such example was Equitas small finance bank. When they first came to us they were just a business plan but we really, he had a very compelling story and very strong track record of his own. And so when we started off they just about had the license to begi…”

“So there have been M&A as well, but actually most of our successful exits have come from trade sales to other private equity or other larger funds who have bought out our states. So most of our successful exits have been those so not, not so much on M&A.”

“So when we say we back first time founders, what we mean is we back a professional entrepreneurs you know, people who have probably been working as a professional in large institutions. Who aspire to become entrepreneurs in their own right. So those are the ki…”

“We are not in the business of investments. We are actually in the business of exits, because only if we are able to generate exits and returns for our investors, will we be able to successfully continue raising our funds and then continue investing.”

“We manage close to six funds now. This is across six funds. We have about four and 50 million dollars of assets under management in terms of equity across the six funds. And from the six funds we've made close to 69 investments and 32 full and partial exits”

“To say that we started from thirty million and today in 2020, we are close to a billion dollars in both debt and equity assets.”

“We stand to at close to three X MOIC on the realized investments. And we clock approximately 25% in terms of IRR as well.”

“We had one very successful exit on M&A when we sold an online consumer brand called Jaipur to Aditya Birla Retail.”

“So right now we Equitas is one. There are a couple of them who are waiting for markets to improve to list. So there are two, maybe three of them who would list once the market conditions improve.”