ChrysCapital | Portfolio

Business Services

Current Investments

Xoriant

Headquartered in Sunnyvale, California, Xoriant provides services and solutions focused on Digital Product Engineering, Cloud Infrastructure & Operations, Security, Data Engineering, Management & Analytics. It also provides Enterprise Services including Applications Development & Maintenance to customers spanning the BFSI, High Tech, Healthcare, Pharma, Industrial Manufacturing, Retail, Telecommunications, and Automotive Sectors. A majority of Xoriant’s customers are global enterprises that are leaders within their respective verticals
GeBBS Healthcare Solutions

Headquartered in the Los Angeles, GeBBS Healthcare Solutions is a leading technology-enabled provider of revenue cycle management (RCM) solutions for the healthcare industry in the US. The Company’s innovative technology, combined with its strong global workforce, helps clients improve financial performance, compliance, and patient satisfaction. GeBBS offers solutions including health information management (HIM), eligibility and verification, accounts receivable management and patient access.
ResultsCX

Headquartered in Fort Lauderdale, Florida, ResultsCX provides automation-enabled customer support, acquisition, enrolment, retention, membership assistance, technical support and transaction processing services to companies across the healthcare, telecom and cable, media and retail industries. With approximately 20,000 employees and 25 delivery centers globally, ResultsCX delivers comprehensive, omni-channel, resolution-centered customer experience.
Quest Global

Quest Global is a global product engineering and lifecycle services partner to many of the worlds’ most recognized companies in the Hi-Tech, Aerospace & Defence, Transportation (Automotive and Rail), Power and Industrial, Oil & Gas and Medical Devices industries. With global presence in 13 countries, 56 global delivery centres and 11,000+ personnel, Quest Global offers mechanical, electronics, software and digital engineering capabilities to leading Fortune 500 clients

Select Exited Investments

Cyient

Cyient is a mid-tier IT services company specializing in ER&D (Enterprise Research & Development) and GIS (Geospatial Information Systems) services. The focus verticals of the company include aerospace, rail, automotive, marine and hi-tech sectors. In 2015, Cyient acquired a majority stake in Rangsons Electronics, an electronic manufacturing services provider.
HCL Technologies

HCL Technologies is one of the largest Indian IT services companies. The Company’s portfolio includes application development and maintenance (ADM) and engineering and R&D services (ER&D). HCL has clients across the banking, financial services and insurance, manufacturing, telecom, retail, and healthcare verticals.
Hexaware Technologies

Hexaware is a mid-sized IT services company focused on the banking, capital markets, transportation and logistics services. The Company specializes in enterprise solutions, application management and independent testing services.
Infogain

Headquartered in the Silicon Valley, California, Infogain provides front-end, customer-facing technologies, processes and applications in the USA, Europe, the Middle East, Asia Pacific and India. The Company offers solutions for the high-tech, retail and insurance verticals in areas such as software product engineering, service automation and mobility.
Infosys Technologies

Infosys is one of the largest Indian IT services companies. The Company has a well-diversified revenue base across geographies and industries. Infosys’ services portfolio includes application development and maintenance (ADM), infrastructure management services (IMS) and product engineering services.
KPIT Technologies

Founded in 1990, KPIT is a niche mid-sized IT services vendor with a strong focus on the manufacturing vertical. The Company specializes in automotive engineering, embedded software, ERP and business intelligence solutions.
LiquidHub

Liquid Hub is a high-end IT architecture consulting firm that focuses on front-end / customer facing applications, helping enterprises with their digital transformation strategy. The Company facilitates the adoption of SMAC (Social, Mobile, Analytics and Cloud) technologies, enabling its clients in the healthcare and financial services industries to develop feature-rich user interfaces and applications.
L&T Infotech

L&T Infotech (LTI) is one of the largest Indian IT services company. The Company is part of the L&T Group – a multi-billion global conglomerate with an impeccable reputation. LTI serves several Fortune Global 500 companies, across its focus verticals of BFSI, Energy and diversified discrete manufacturing.
Mphasis

Mphasis is a leading IT solutions provider, offering applications, business process outsourcing (BPO) and infrastructure services globally through a combination of technology knowhow, domain and process expertise.
Spectramind

Spectramind was one of the leading third-party offshore BPO providers in India. The Company offered integrated solutions for applications including customer service, technical support and knowledge services across a spectrum of industries. Spectramind was acquired by Wipro in 2012.

Financial Services

Current Investments

Hero FinCorp

Hero FinCorp is a Delhi based non-banking financial company present across categories like two-wheeler financing, supply chain finance and business loans.
National Stock Exchange

National Stock Exchange is the largest exchange in India offering trading, clearing and settlement services in equity, equity derivatives, debt and currency derivatives segments.
Varthana (Thirumeni Finance)

Varthana provides loans and services to affordable private schools in India. The company offers both secured and unsecured loans for construction, expansion and upgradation of facilities. Varthana also connects schools with resources that help them serve more students.

Select Exited Investments

Au Financiers

Au Financiers is a Rajasthan based NBFC focusing on new and used automobile financing, property backed business loans and mortgages, primarily in rural and semi-urban areas.
Axis Bank

Axis Bank is the third largest private sector bank in India. The Bank offers the entire spectrum of financial services to customer segments covering large and mid-corporates, MSME, agriculture and retail businesses.
Bajaj Auto Finance

Bajaj Auto Finance is a non-bank finance company that provides retail loans across categories including two wheelers, consumer durables, existing property and unsecured personal loans. The Company is a subsidiary of Bajaj Auto, one of largest two wheeler manufacturers, both in India and globally.
Centurion Bank of Punjab

Centurion Bank of Punjab (“CBOP”) was one of the fastest growing private sector banks in India. The Bank had a retail focused strategy with a presence across key loan categories including mortgages, two wheelers, unsecured personal loans and commercial vehicles. CBOP was acquired by HDFC in 2008.
City Union Bank

Established in 1904, City Union Bank is amongst the largest old private sector banks in the state of Tamil Nadu. The Bank primarily focuses on lending to traders and small enterprises.
Federal Bank

Based in Kerala, Federal Bank is one of India’s leading old private sector banks. The Bank has a structured mix of advances, with a majority being contributed by the retail, SME and agricultural sectors. Federal Bank also has a large non-resident Indian customer base.
ING Vysya Bank

ING Vysya Bank was a mid-sized private sector bank in India offering retail, private and wholesale banking platforms. The Bank was acquired by Kotak Mahindra Bank in 2015.
Karur Vysya Bank

Established 1916, Karur Vysya bank is one of the largest old private sector banks in India. The Bank focuses on lending to small industries and traders and is based out of Tamil Nadu.
M&M Financial Services

M&M Financial Services is a leading non-banking finance company focused on the rural and semi-urban sectors and provides finance for the purchase of utility vehicles, tractors, cars and two-wheelers amongst others. The Company is a subsidiary of Mahindra & Mahindra, one of the largest tractor and utility vehicle manufacturers in India.
Magma Fincorp

Magma Fincorp is a listed non-banking financial company, involved primarily in financing of new and used vehicles, housing finance and small and medium enterprises financing. The Company offers secured lending, primarily in the rural and semi-urban areas.
Shriram City Union Finance

Shriram City Union Finance is a non-banking financial company based in Tamil Nadu. The Company is engaged in providing retail loans across categories such as two wheelers, used automobiles, unsecured personal loans, gold loans and enterprise loans.
Shriram Transport

Shriram Transport is one of the largest financiers of used trucks and primarily lends to small truck operators across India.
South Indian Bank

Incorporated in 1929, South Indian Bank (“SIB”) is the second largest old private sector bank in Kerala. A majority of the bank’s branches are located in the state of Kerala. SIB has a diversified loan portfolio with a growing emphasis on retail loans.
Yes Bank

Yes Bank is the fifth largest private sector bank in India. The Bank engages in providing banking services, including corporate and institutional banking, financial markets, investment banking, corporate finance, branch banking, business and transaction banking, and wealth management.

Healthcare & Lifesciences

Current Investments

KIMS Hospitals

Founded in 2000 by Dr. Bhaskar Rao Bollineni, Krishna Institute of Medical Sciences (“KIMS”) is the amongst the largest multi-specialty hospital chain based out of Andhra Pradesh, Telangana and Maharashtra with focus on providing tertiary and quaternary care at affordable cost. KIMS has a footprint of 13 hospitals (4,000+ beds) across Tier 1 and Tier 2/3 cities with a strong payor and specialty mix. It offers comprehensive range of healthcare services across 25 specialties and super specialties, including cardiac sciences, oncology, neurosciences, gastric sciences, orthopaedics, organ transplantation, renal sciences and mother & child care. It has been growth focused using the right balance of brownfield and greenfield expansions while maintaining industry leading return metrics.
Corona Remedies

Founded in 2004 by Dr. Kirti bhai Mehta and his two sons, Nirav and Ankur Mehta, CORONA is among the fastest growing companies in the domestic formulations sector in India. Its product range includes formulations in therapeutic segments like gynaecology, cardio diabetic, nutraceuticals, anti-infective, orthopaedic and paediatrics. CORONA has scaled up rapidly due to its experienced management team, diversified product range, focus on affordable yet high-quality formulations, robust distribution network and an experienced field force of 1,900+ medical representatives.
Eris Lifesciences

Eris Lifesciences is one of the leading mid-sized domestic pharmaceutical companies in India. The Company has established itself as a credible top 40 player in the domestic formulations industry. Eris Lifesciences has a sharp focus on the chronic and lifestyle diseases segment.
Intas Pharmaceuticals

Intas is one of the fastest growing domestic pharmaceutical companies in India and is amongst the largest companies in the industry. The Company has a diversified product portfolio focused on chronic segments. Intas has also built up a sizable export business focused on the regulated pharmaceutical markets.
Mankind Pharmaceuticals

Mankind Pharmaceuticals is the fourth largest domestic pharmaceutical company in India and is amongst the fastest growing domestic pharmaceutical companies. The Company has the largest distribution network in the country.

Select Exited Investments

Curatio Healthcare

Curatio Healthcare is one of India’s fastest growing pharmaceutical companies. The company is focused on the dermatology and pediatric segments, which are among the most attractive therapy areas within the pharmaceutical industry.
Ipca Laboratories

Ipca Laboratories (“IPCA”) is an integrated pharmaceuticals player producing both domestic formulations and active pharmaceutical ingredients. The Company also serves the regulated and unregulated export markets. In addition, IPCA is also an established player in the anti-malarial institutional market.
Torrent Pharma

Torrent Pharmaceuticals is a large pharmaceuticals player with a presence in both the domestic and export formulations market. The Company is amongst the top 15 players in India, with a chronic focused basket of formulation products. Torrent Pharmaceuticals also exports products to key markets including the U.S., Brazil and Europe.
Cadila Healthcare

Cadila is the one of the largest domestic pharmaceutical companies with a focus on the formulations market. The Company is strong in the cardiovascular, female healthcare and gastrointestinal therapeutic areas. Cadila has also built a strong position in regulated markets such as the U.S. and France and in emerging markets such as Brazil, South Africa and Russia.
GVK Biosciences

Founded in 2001, GVK BIO is one of Asia’s leading providers of integrated contract research and manufacturing services. The Company provides small and large molecule discovery services, custom chemical synthesis manufacturing and informatics services to large global pharmaceutical, biotechnology and agrochemical companies.

Consumer

Current Investments

WOW Cosmetics

WOW Skin Science is one of India’s fastest growing new-age consumer companies. As a nature-inspired homegrown beauty brand, WOW Skin Science is committed to curating safe and natural personal care products. From packaging to formulation, WOW Skin Science focus on natural, plant-based, sustainable materials that are free from harsh chemicals. The paraben and sulphate free formulations make WOW Skin Science a favourite across all consumer verticals.
TCNS Clothing Company Limited

TCNS is one of the largest women’s ethnic & fusion wear apparel company and sells its products under three brands W, Aurelia and Wishful.

Select Exited Investments

CavinKare

Established in 1983, CavinKare is a diversified consumer company with a strong focus on the personal care category. The Company has created one of the largest homegrown brands in the shampoo market. Over the last few years, CavinKare has also diversified into the dairy, snacks and beverages businesses.
Hathway Cable

Hathway Cable is one of the largest multi-system cable operators in India. The company has a strong foothold in the cable distribution market in Mumbai, New Delhi and Hyderabad. Hathway Cable also provides broadband Internet services.
Idea Cellular

Idea Cellular is one of the largest mobile network operators in India. The Company is a GSM operator offering 2G, 3G and 4G mobile services with a pan-India presence.

Manufacturing

Current Investments

Livguard

Livguard is one of the leading and fastest growing automotive and power back-up battery manufacturers. Within five years of operations, the company has built an extensive pan-India distribution network. It has a comprehensive product portfolio covering both automotive batteries (passenger vehicles, commercial vehicles, tractors, two and three wheelers, and electric rickshaws) and power back-up batteries (inverters and solar).
Safex Chemicals

Safex Chemicals is a leading player engaged in manufacture and sale of crop protection products. Safex has a pan-India presence with a network spanning 10,000+ distributors across 17 states with comprehensive product portfolio of over 100 products across insecticides, herbicides, fungicides, micronutrients, pesticides and plant growth regulators. The Company has redefined the branded formulations segment in the Indian agrochemical market, through its unique multi-brand model and direct distribution strategy.

Select Exited Investments

Balkrishna Industries

Balkrishna Industries is a low cost tyre manufacturer with a specific focus on the off-highway tyres segment. The Company has rapidly gained market share to become one of the leading manufacturers of off-highway tyres globally.
Suzlon

Suzlon is one of the largest wind turbine manufacturers in the world. The Company provides turnkey services – land acquisition and development, equipment manufacturing, installation and operations / maintenance. Suzlon also exports high quality wind power equipment to the U.S., Europe, China and Australia.
Titagarh Wagons

Titagarh Wagons is one of the largest private sector wagon manufacturers in India. The primary customer of the company is the Indian Railways. Titagarh Wagons has diversified into the passenger coach segment and also has a niche fabrication business that caters to the defence sector.

New Economy

Current Investments

Awfis Space Solutions

Awfis Space Solutions is one of the leading co-working operators in the value segment with a pan-India presence. It provides flexible office space to clients across start-ups, SMEs, large corporates and multi-national companies.
Dream Sports

Dream Sports is India’s largest sports technology company with brands such as Dream11 (India’s largest online sports fantasy platform), FanCode, DreamX, DreamSetGo and DreamPay in its portfolio. Dream Sports is executing its vision of ‘Make Sports Better’ by providing multiple avenues for fans to deeply engage with the sports they love through fantasy sports, content, commerce, experiences and events, among others.
FirstCry

Founded in 2010, FirstCry is India’s largest omni-channel kids’ products retailer and marketplace servicing parenting needs in a one-stop shop format. The Company operates as a discovery platform with various segments including e-commerce, offline stores, parenting community, tie-ups with hospitals and playschools. FirstCry is the leading player in online retailing for kids’ products, while also owning India’s largest kids’ products brand – Babyhug. FirstCry is also the leading retailer for kids’ products in UAE and has recently forayed into other geographies in the Middle East.
Xpressbees