Mauryan will invest in emerging companies that have validated their business models, generated revenues of at least Rs 5cr and have the potential to grow rapidly in a capital efficient way.
Mauryan Capital Advisors, a recently launched New Delhi-based private investment firm, has announced its intention to make growth capital private equity investments in small companies.
The firm will mainly target companies operating in sectors such as financial services, branded consumer products and services, business services, and infrastructure enabling industries investing between Rs 5cr and Rs 25cr.
According to an official statement, Mauryan is backed by owner managers of international businesses in sectors such as real estate, private equity, credit investment and insurance.
It was co-founded by Nitin Bhandari, a Managing Director at Nomura, London, and Shiv Wallia, who has financed, invested in, and provided strategy, capital raising and M&A advice to a number of companies in infrastructure, energy, real estate, healthcare, leisure and hospitality, and retail.