PNB Housing Finance & SBI Cards (among the most successful PE transactions in India)
Previously Head of M&A at Citi India
Marquee transactions with Tata Motors, L&T, Wipro, HDFC
Hindu College, Delhi University and Duke University, USA
Previously Managing Director & Head of Citigroup - India Private Equity Team (CVCI)
Part of Leadership Team raised two global EM funds: USD 1.5 billion in 2005, USD 4.3 billion in 2007
One of 3 founders that set up HSBC India Private Equity & raised a USD 60 million fund in 1995
> USD 700 million invested. Marquee 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, Microland
CEG, Anna University, Chennai and IIM, Bangalore
Ajay Relan was one of the Founder-Partners of Xponentia. He was an investor extraordinaire with an intuitive investing acumen that is part of industry folklore. He was a charmer - entrepreneurs and LPs were enthralled by his wit & humour even as he held colleagues & peers in awe.
He was generous with his time & counsel, and there are many in the industry who owe their successful careers to his mentoring. He was a philanthropist who supported many causes, especially education. Above all, he was a large-hearted person who treasured his family, friends, colleagues and business partners.
Xponentia is humbled to carry forward Ajay Relan's legacy!