Avendus overview
Stories about Avendus
KKR acquires majority stake in Avendus
The firm’s acquisition of Avendus Capital, which owns Avendus PE Investment Advisors, will help scale up the merchant bank and fund its credit solutions business.
KKR invests in Avendus
KKR is investing in Avendus Capital. Financial terms weren’t announced. Mumbai-based Avendus is an investment firm.
IDG Ventures India and Ascent Capital back Newgen Software
Newgen Software said Monday that it has received funding from IDG Ventures India and Ascent Capital. No financial terms were disclosed. Avendus Capital served as financial advisor. According to Newgen Software, the capital infusion will be used for market expansion and product development. Based in New Delhi, India, Newgen Software is a provider of business process management, enterprise content management and customer communication management solutions.
Avendus PE to launch third India PIPE fund(2)
The India-focused private equity firm uses the public markets to mitigate risks facing the country's GPs, says CEO Manoj Thakur.
Avendus PE to launch third India PIPE fund
The India-focused private equity firm uses the public markets to mitigate risks facing the country's GPs, says CEO Manoj Thakur.
Eastgate invests in Indian investment bank
Dubai-based Eastgate Capital Group has invested $23 million in Avendus Capital to fund the growth of its international operations.
Avendus contact information
Offices
901, Platina, 9th Floor, Plot No. C-59, Bandra Kurla Complex, Bandra (E), Mumbai, 400 051 , IndiaContacts
| Name | Job title | Location | |
|---|---|---|---|
Key Contact Mr. Ganeshram Jayaraman | Job titleChief Investment Officer and Head, Avendus Long Only Public Equities | LocationChennai, India | Email  ------ |
| Mr. Gaurav Deepak | Job titleCo-Founder and Chief Executive Officer | LocationMumbai, India | Email ----------- |
| Mr. Nilesh Dhedhi | Job titleMD & CEO, Avendus Finance | LocationMumbai, India | Email -------- |
| Mr. Umang Papneja | Job titleExecutive Vice Chairman & Chief Executive Officer | LocationMumbai, India | Email ----------- |
Avendus funds managed
Funds in market: 1
| Fund | Fund size | Open date | Strategy |
|---|---|---|---|
Fund size ---------- | Open dateMay 2024 | Strategy ----- | |
Closed funds: 5
| Fund | Fund size | Close date | Strategy |
|---|---|---|---|
Fund size ------- | Close dateFeb 2020 | Strategy ------ | |
Fund size ------- | Close dateNov 2010 | Strategy --------- | |
Fund size --------- | Close date- | Strategy -------- | |
Stories that mention Avendus
Ontario Teachers' TVG invests $80m in India's Xpressbees
The investment is Ontario Teachers’ first in India from the TVG platform.
Lenskart secures $95m from KKR
KKR has agreed to invest $95 million in Lenskart, an eyewear retailer in India.
KKR buys majority of EuroKids International
KKR has closed its buy of majority stake in EuroKids International Pvt Ltd. Financial terms weren’t announced. EuroKids is an Indian education services provider.
Fintech company Zeta collects Series C funding
Zeta, a fintech company, has secured Series C funding at a valuation of $300 million. The investor was Sodexo Benefits and Rewards Services, which will have a minority stake in Zeta.
One Equity Partners to buy Lutech
One Equity Partners has agreed to acquire Italy-based Lutech, an IT system integration and solutions provider. The sellers include Laserline. No financial terms were disclosed. Avendus Capital provided financial advice to Laserline on the transaction.
KKR to provide about $200 mln to Radiant
KKR has agreed to invest about $200 million in Radiant Life Care for a 49 percent stake. Based in Mumbai, India, Radiant Life Care is a hospital management company.
MarketsandMarkets rakes in $56 mln
India-based MarketsandMarkets, a custom research provider, has secured $56 million in funding. FTV Capital led the round with participation from Zodius Capital. Avendus Capital Prvate Limited served as adviser. In conjunction with the funding, Brad Bernstein, a managing partner at FTV Capital, has been added to MarketsandMarkets' board of directors.
KKR, Temasek buy Indian insurer for $264m
Both investors will pick up equal stakes in India’s second largest life insurer, SBI Life Insurance.