XPONENTIA

Catalysing Sustainable Growth

ABOUT US

Mission

Mission

To create a world class private equity firm that can create risk adjusted, high return portfolios by:
  • Investing in high growth businesses looking for value-added capital to scale up;
  • Purchasing orphaned/undermanaged businesses;
  • Solving business challenges that have created value dislocations;
  • Growing profits at rates higher than the market; and/or 
  • Achieving multiple expansion /re-rating.

PARTNERS

Ajay Relan Managing Partner

Ajay Relan
Managing Partner

Prior to founding Xponentia, Mr Relan was the Managing Partner of CX Partners which raised a USD 550 million India Fund in 2009. Before CX Partners, he founded Citigroup Venture Capital International (“CVCI”) in 1996. He was also a member of the CVCI team which raised two global emerging market funds -USD 1.5 billion in 2005 and USD 4.3 billion in 2007. Over his investment career, he has led and been involved in numerous deals with an aggregate invested capital in excess of USD 2 billion. Mr. Relan studied at St Stephens College, Delhi University and obtained a post-graduate diploma in Business Management from Indian Institute of Management, Ahmedabad.
Devinjit Singh Managing Partner

Devinjit Singh
Managing Partner

Prior to founding Xponentia, Mr. Singh was a Managing Director of The Carlyle Group in India, a global market leader in private equity investing, for over a decade. Over his investment career, he has led and been involved in numerous deals with an aggregate invested capital in excess of USD 1 billion. Previously, he was the Managing Director and Head of Mergers and Acquisitions at Citigroup India. Mr. Singh received an undergraduate degree in Mathematics from Hindu College, Delhi University and holds an MBA from The Fuqua School of Business, Duke University,USA. He serves on the Executive Committee of the India Venture Capital Association and SEBI’s Alternative Investments Policy Advisory Committee.
P R Srinivasan Investment Partner

P R Srinivasan
Investment Partner

Prior to founding Xponentia, Mr. Srinivasan served as India Region Head and Managing Director of Citigroup Venture Capital International (“CVCI”). He was also a member of the CVCI team which raised two global emerging market funds - USD 1.5 billion in 2005 and USD 4.3 billion in 2007. Before CVCI, he was one of the founders of HSBC Private Equity in India, which raised a USD 60 million fund in 1995. Over his investment career, he has led and been involved in numerous deals with an aggregate invested capital in excess of USD 700 million. Mr. Srinivasan holds a bachelor’s degree from College of Engineering, Guindy, Chennai and obtained a post-graduate diploma in Business Management from Indian Institute of Management, Bangalore.
 
 

OPERATING PARTNERS

Gautam Bakhshi Partner – Finance

Gautam Bakhshi
Partner – Finance

Mr. Bakhshi is a finance professional with more than 35 years’ experience in Private Equity, Telecom and Hospitality.He began his career at Price Waterhouse and Ernst & Young before joining the Tata Group and held leadership roles in Indian Hotels, Volta International and Tata Teleservices.He has also served as the CFO at leading private equity firms: Sabre Capital Worldwide and Avigo Capital where he was actively involved in Financial/ Legal diligence and Investor Relations. He also led engagements to upgrade finance and legal functions of investee companies besides being instrumental in adoption of good corporate governance practices. Mr. Bakhshi is a qualified Chartered Accountant from the Institute of Chartered Accountants of India and an Economics Graduate from St. Stephens College, India.
Venkat Iyer Partner – IT

Venkat Iyer
Partner – IT

Mr. Venkat is an IT professional with over 30 years of IT-leadership experience and has implemented transformational projects in leading organizations. Mr. Iyer was previously, the Global Chief Information Officer at Wockhardt Pharma, where he managed a team of 75 people. He has designed and implemented automation and productivity-enhancing IT systems in organizations like Star TV, Pfizer, IBM, TVS Motor, Xerox and Canon USA, etc. Mr. Iyer is a science graduate from the Sardar Patel University, India and holds an MBA in Information Systems from University of Bridgeport, USA.
Prashant Karmalkar  Partner – HR

Prashant Karmalkar 
Partner – HR

Mr. Prashant is an HR professional with more than 25 years of experience in various HR and consulting roles. He has worked with Accenture, Deloitte, Al-Futtaim and Tata Group in both Line HR and Management Consulting roles at senior level. He has coached senior business leaders for high performance and leadership across sectors - Financial Services, Manufacturing, Mining, Infrastructure, Public Sector and Communications. Mr. Karmalkar is a graduate in electronics and holds a Masters in Personnel Management from Tata Institute of Social Sciences.

TEAM

Hardik Ashar Analyst

Hardik Ashar
Analyst

Hardik is a part of the investments team at Xponentia and is actively involved in assisting the Partners across the investment value chain. Prior to joining Xponentia Capital Partners, Hardik worked for 3 years with Deloitte in their M&A Transaction Services practice in India. He was primarily involved in supporting strategic and private equity players in due diligences for equity investments as well as debt financing.Hardik is a Chartered Accountant from the Institute of Chartered Accountants of India, a certified Financial Risk Manager from the Global Association of Risk Professionals, USA and has cleared two levels of the Charted Financial Analyst program conducted by the CFA Institute, USA.
Suryansh Agarwal Analyst

Suryansh Agarwal
Analyst

Suryansh has 3 years of experience in private equity/equity research. Prior to joining Xponentia, Surynansh was an Investment Analyst with SAIF Partners, a leading private equity/venture capital fund in India. At SAIF he focused on mature/growth investments in the Industrials / Chemicals / Auto / Healthcare sectors. Prior to SAIF, Suryansh was a research analyst in Batlivala and Karani Securities. Suryansh received his Bachelor’s degree in business administration from Symbiosis University, Pune. He has also cleared all three levels of the CFA Program. "
Renita Dsilva Office Manager

Renita Dsilva
Office Manager

Renita is an Office Manager at Xponentia and is actively involved in handling the administrative functions. Prior to joining Xponentia, Renita held Office Manager position at Kubera Partners LLC.  Worked as Executive Assistant at Kotak Securities and  Jet Airways. Renita  earned a Bachelor of Arts ( Economics Major) from the University of Mumbai and Personnel Management Diploma from L.N.Welingkar Institute of Management.

INVESTMENT STRATEGY

Buy at discount

Buy at discount

  • Leverage state of play to negotiate transactions at a discount to replacement value/ market comparable / single digit multiples
  • Solve a problem/complex situation
Improve Corporate Governance

Improve Corporate Governance

  • Supplement board of directors & create board/board committee managed governance construct
  • Unwind/settle related party transactions
Enhance/support management teams

Enhance/support management teams

  • Implement an enhanced organization structure with clear division of roles and responsibilities and a formal decision-making matrix
  • Build second/third line of management to support portfolio companies in their growth journey
  • Will underwrite post transaction business plan
Upgrade Finance, MIS, Information Technology and reporting systems

Upgrade Finance, MIS, Information Technology and reporting systems

  • Set up/improve technology backbones & engage with domain experts to assist in implementation/enhancement of tailored ERP systems
  • Upgrade existing MIS and reporting systems to improve quality of information available for management decision making
  • Strengthen existing processes and internal controls & institute periodic internal audits by independent consultants

PORTFOLIO

SpotOn Logistics Private Limited

SpotOn Logistics Private Limited

SpotOn Logistics Private Limited is among the top 5 players in the road freight express logistics business in India. The Company provides a “day definite” cargo delivery service to a wide array of industries. The company continues to expand its product offerings, enhance geographic coverage, and grow clientele while maintaining best-in-class service levels.
 
Sector – Logistics
Status – Current
Year of Investment – 2018
Website
- www.spoton.co.in
Flight Simulation Technique Centre Private Limited

Flight Simulation Technique Centre Private Limited

Flight Simulation Technique Centre Private Limited is a Gurugram-based full-flight simulator training company providing professional training support for the aviation industry by offering corporate and individual pilot training courses. Since our investment, the company is expanding its product offerings and aims to be a full-service training solution provider for airlines, pilots and cabin crew.
 
Sector – Education and Business Services
Status - Current
Year of Investment - 2018
Website-
http://www.fstc.in

CONTACT US

  • Address

    Xponentia Capital Partners LLP / Xponentia Opportunities Fund-I
    61, 6th Floor, Maker Chambers VI,
    Jamnalal Bajaj Marg, Nariman Point,
    Mumbai – 400021

  • Phone

    +91 22 62886116 / 62886115

  • Email