ChrysCapital | Portfolio

Business Services

Current Investments

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.
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.

Past 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.
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.
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

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.
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.
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.
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.
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.
Varthana (Thirumeni Finance)

Varthana provides loans and support 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. The company was incorporated in 2013 and is based in Bengaluru, India.

Past Investments

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.
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.
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.
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.
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.
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.
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.

Healthcare & Lifesciences

Current Investments

Curatio Healthcare

Curatio is one of India’s fastest growing pharmaceutical companies and is focused on the dermatology and pediatric segments, which are among the most attractive therapy areas within the pharma industry.
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.
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.
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.
Mankind Pharmaceuticals

Mankind Pharmaceuticals is amongst the fastest growing domestic pharmaceutical companies in India and is the fourth largest domestic player currently. The Company initially differentiated itself with a unique strategy of targeting rural and semi-urban cities and building a large share of lower value prescriptions across India but this strategy has evolved over time to now cover the entire country.

Past Investments

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.
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.

Consumer & Others

Current Investments

Hindustan Media Venture Limited

HMVL is the publisher of ‘Hindustan’, the second largest Hindi newspaper daily based on total readership. The newspaper has a strong readership base in Bihar, Jharkhand and Uttar Pradesh. HMVL is a 75% subsidiary of the HT Media group.

Past 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.
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.
Redington

Redington provides distribution and supply chain solutions for information technology and consumer products. Redington distributes products of over 100 brands and derives it’s revenues from India as well as from international markets including the Middle East, Turkey and Africa.
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.