Fueling Ambitions, Empowering Visionaries
Stakeboat Capital is a value-oriented private
equity fund founded by seasoned professionals
who have successfully transformed growth-
stage companies into thriving enterprises.
equity fund founded by seasoned professionals
who have successfully transformed growth-
stage companies into thriving enterprises.
Business Segment
We manage assets across two business segments
and three focus sectors.
Private Equity
Empowering Growth and Innovation:
India's Premier Private Equity Firm for
the Middle Market
Stakeboat focuses on the lower end of the middle market through control,
co-control and buyout deals. Explore our diverse portfolio
to see how we empower growth and innovation.
Structured Instruments
Tailored Structured Solutions for Sustainable Growth
We offer adaptable capital to our portfolio companies.
Sectors
We focus on asset-light models in high-growth sectors, identifying
opportunities where we can drive significant value.
Healthcare, Lifesciences
& Pharma
& Pharma
Value added Industrials
& Manufacturing
& Manufacturing
B2B Technologies
& Business Services
& Business Services
We invest in above key sectors, leveraging our expertise to find businesses that
exhibit potential for innovation and transformation, leading to market
leadership and competitive advantages.
People
With decades of experience in private equity, venture capital and corporate finance, at Stakeboat Capital, we are dedicated to uncovering opportunities and nurturing businesses to their full potential.
Meet the people shaping our success.
- Team
- Partners
- Advisors
Chandrasekar (Chandra)
Kandasamy
Managing Partner
Chandrasekar (Chandra)
Kandasamy
Managing Partner
Career Highlights
- More than 30 years of VC/PE experience
- Set up Intel Capital, The Carlyle Group and ePlanetCapital in India
- Sourced, led and managed 68 transactions over last 30 years; exited from 66 deals
- Distributed 2.4x cash back to investors with a 20%+ $ IRR
- Former board positions include FSS, Quest Global, Newgen, Continental Warehousing
Former experience
- Peepul Capital – Investment Director
- ePlanet Capital – Managing Partner, member of the Global Investment Committee and Management Committee
- The Carlyle Group – Director
- Intel Capital – Manager of Strategic Investments
- ICICI Venture – Assistant Vice President – IT and Healthcare
- World bank sponsored internship at Poly Ventures, New York for 7 months
Education
- Bharathidasan Institute of Management – MBA
- Anna University, Chennai – B.E
Srinivas Baratam
Managing Director
Srinivas Baratam
Managing Director
Career Highlights
- 29 years of experience across VC/PE, Corporate Finance and Credit Ratings
- Rich and varied experience on both buy and sell sides of the market, in addition to strategic advisory
- Worked on investments and advisory mandates across sectors including technology, healthcare, life sciences, education, industrials, consumer, financial services, auto ancillaries, etc.
- Advisory clients include both Indian conglomerate and global Fortune 500 companies
Former experience
- Blue Seiner Advisors– Managing Partner
- Kriscore Financial Advisors– Managing Director
- Milestone Religare / Quadria– Managing Partner
- Lazard India – Managing Director
- UTI Ventures / Ascent Capital – Director
- L&FS Investment Managers – Assistant Vice President
- CRISIL – Senior Rating Analyst
Education
- Xavier Institute of Management – MBA
- Maulana Azad National Institute of Technology, Bhopal– B.E
Girish Patil
Managing Director
Girish Patil
Managing Director
Career Highlights
- More than 21 years of experience across private equity, public equity, and corporate & investment banking across India and Sri Lanka markets.
- Invested more than US$ 300 million across various sectors – manufacturing, consumer, tech, media, and power.
- Experience of Investing in early to growth stage companies and minority to controlling stakes
- Achieved several profitable exits via difference routes i.e. IPO, strategic and financial investors.
- Fund raising experience, part of founding team of Nalanda Capital, experience of managing LP relationships, including prominent international DFIs.
Former experience
- Zephyr Management / Emerald Fund – Managing Director
- Sage Capital – Vice President
- Nalanda Capital – Associate
- Warburg Pincus – Analyst
- ING Vysya Bank – Manager
Education
- INSEAD – Global Executive MBA
- SDM IMD – Post Graduate Diploma in Business
- Karnatak University, Dharwad – B.B.A.
Deepti Malik
Managing Director
Deepti Malik
Managing Director
Career Highlights
- 20 years of experience across various function of banking including Liabilities and Assets. Worked with leading Private sector, Multi-national and Small Finance Bank in India
- Former Head – Retail Liability business at Suryoday Small Finance Bank
- Active member of the various committees including Executive Committee, Marketing and Corporate Communications
- Scaled up functions/ businesses within Banking framework. Over a decade of experience across Debt, Equity & Alternate investing
- Investor/ Stakeholder relationships including regulators, institutions, family offices and UHNIs.
Former experience
- Suryoday Small Finance Bank – Head: Retail Liabilities
- Axis Bank – Senior Partner, Burgundy Private
- HSBC – Vice President, Premier Banking
- Standard Chartered Bank – Associate Director, Private banking
Education
- B. Sc. – University of Delhi
- Public Relations & Advertising – YWCA, Delhi
Kshitij Dodia
Assistant Vice President
Kshitij Dodia
Assistant Vice President
Career Highlights
- Over 7+ years of experience across PE, Corporate Finance, and Advisory roles
- Invested across multiple healthcare verticals with ticket sizes ranging from US$ 5 – 80 million
- Monitoring performance of the portfolio companies and assessing improvement areas
- Advised Global PE funds on financial due diligence for their investments across IT/ ITeS, Industrial, Consumer sectors
Former experience
- Asia Healthcare Holdings – Deputy General Manager
- KPMG India – Manager
- Grant Thornton – Assistant Manager
Education
- Institute of Chartered Accountants of India – Chartered Accountant
Rohan Paliwal
Senior Associate
Rohan Paliwal
Senior Associate
Career Highlights
- Advised several global Private Equity / Credit funds on capital raise through structured products
- Advised several European businesses for equity capital raises via private placements from Public crossovers, Private Equity, Venture Capital and Pension funds
- Worked on capital raise transaction such as SPAC for a European client
- Deal structuring for securitization transactions
Former experience
- Goldman Sachs – Investment Banking Analyst
Education
- XLRI Jamshedpur – MBA
- Indian Institute of Technology, BHU – B. Tech
Kishan Ballal
Associate
Kishan Ballal
Associate
Career Highlights
- More than 3 years of experience in reviewing financial statements and providing assurance services (IND-AS and I-GAAP).
- Covered clients across Manufacturing, Consumer retail and IT & ITeS sectors.
- Detailed analysis of financial statements, internal controls and audit procedures.
- Advised clients in implementing Internal Financial Controls (IFC) as mandated by the Companies Act.
- Drafted memorandums covering significant auditing and accounting matters.
Former experience
- Ernst & Young (EY) – Executive, Audit & Assurance
Education
- Institute of Chartered Accountants of India – Chartered Accountant
- St. Joseph’s College of Commerce – B. Com
- CFA Level 1
Saurabh Gourisaria
Associate
Saurabh Gourisaria
Associate
Career Highlights
- Part of the team which was responsible for the financial reporting of the largest integrated aluminum facility in the world (with an asset base of $7.5Bn)
- Worked on the following debt transactions: (a) project financing of $600Mn+ for the expansion of a refinery; and (b) a foreign currency loan of $450Mn for smelter expansion and working capital
Former experience
- Finance (Deputy Manager), Vedanta Limited
Education
- MBA, IIM Lucknow
- Chartered Accountant
- B.Com
Pratheek Azendla
Associate
Pratheek Azendla
Associate
Career Highlights
- Responsible for ensuring timely completion of, and coordinating with internal and external stakeholders on, several construction projects for the Central Board of Indirect Taxes and Customs, Finance Ministry in Telangana State
Former experience
- Inspector, Central Board of Indirect Taxes and Customs (Central GST)
Education
- MBA, IIM Calcutta
- CFA (Charter Pending)
- FRM Level 1
- B.E. (Computer Science), Birla Institute of Technology and Sciences – Pilani, Hyderabad
Prakash Agrawal
Associate
Prakash Agrawal
Associate
Career Highlights
- 3+ years of experience across fund accounting and operations of Private
Equity Funds. - Managed fund administration of a few US based Private Equity funds with a
total AUM of more than UDS 3 billion having major investments in distressed private companies. - Experience in preparation of Financial Statements including the notes to
accounts along with quarterly statements to the Limited partners and
regulatory filings with various regulatory bodies.
Former experience
- CSC Global – Senior Associate 2
Education
- The Institute of Chartered Accountants of India – Chartered Accountant
- CFA Institute – CFA Level I
Diana Kishander
Administration Manager
Diana Kishander
Administration Manager
Career Highlights
- More than 15 years of experience across administrative and operating roles with Indian as well global MNCs
- Executive Assistant to senior leaders and business owners in diverse roles across various organizations
- Managed administrative and operational activities for executives in India and the UAE
- Managed and mentored junior Executive Assistants
- Helped set up the climate school for a German based NGO in Bangalore
Former experience
- Fairtrade NAPP (Network of Asia & Pacific Producers Pvt Ltd) – Executive Assistant & Human Resources Manager
- Eton Institute, Dubai – Corporate Training Coordinator
- Inter Ocean Ship Repairs LLC, Dubai – Executive Assistant
- BMR Advisors – Executive Assistant
- Federal Express Corporation – Senior Sales Coordinator
- Marks & Spencer – Executive Assistant & Administrator
Education
- Indian School of Management & Studies – United Kingdom Accreditation Services – MBA in Human Resource Management
- Jyothi Nivas College – Bachelor of Arts
- Davar’s College of Commerce – Diploma in IT Secretary-ship
Dr. GSK Velu
Dr. GSK Velu
Career Highlights
- Founder and Managing Director of the Trivitron Group, the largest Indian medical technology company
- Trivitron was founded in 1997 by Dr.Velu and tied up with several world leaders in medical technology to cater to over 20 medical specialties across India
- He also established the Trivitron Medical Technology Park South Asia’s first state-of-the-art medical technology manufacturing facility and the Trivitron Innovation Center, a center of excellence for biomedical research & development and design at IIT Research Park, Chennai
- Founder and Chairman of Medfort Hospitals, which runs a chain of eye care hospitals in India
- He has established, Alliance Dental Care, a dental hospital chain, in joint venture with the Apollo Hospitals Group
- Ex co-promoter of Metropolis Healthcare Limited, a pan-India chain of pathology and diagnostic centers, which he exited in the year 2015
Education
- IBAM, Kolkata – Doctorate
- Loyola Institute of Business Administration and – MBA
- Birla Institute of Technology and Science (BITS), Pilani – Bachelor’s degree in pharmacy
Mr. P Surendra Pai
Mr. P Surendra Pai
Career Highlights
- Mr. P Surendra Pai is a highly respected thought leader in business and marketing strategy who brings extensive experience and expertise from the Indian corporate sector
- Former Executive Chairman of the Murugappa Group from 2002 to 2006, contributing significantly to the group’s growth and profitability
- Prior to this he was the Vice Chairman of Wipro, in charge of Consumer Care & Lighting (CCLG) businesses and part of the Corporate Board from 1997 to 2002
- He is also an active investor in unlisted companies
Education
- Mysore University – Electrical Engineering
- IIT (Madras) – Post Graduate Diploma in Industrial Engineering
Mr. Athmanathan Ganesan (Ganesan)
Mr. Athmanathan Ganesan (Ganesan)
Career Highlights
- Chief Executive Officer, Dr. G.S.K. Velu Family Office and has more than 33 years of experience in the Assurance and Advisory practice
- He also has rich experience in Transaction Advisory Services having handled several Due Diligence assignments and handled several M&A deals in India and outside India
- One of the senior partners of R. Subramanian and Company, a leading firm of Chartered Accountants in Chennai. He was actively involved in numerous industry-oriented initiatives of various regulatory bodies such as Reserve Bank of India, SEBI, IRDA
- His broad vision, pioneering efforts and dynamic approach have won several accolades to the firm thus enabling it to become one of the top 10 firms in Chennai
- During his tenure with R. Subramanian and Company, he was associated with groups such as Apollo Hospitals, Seshasayee Paper Boards, Nelcast Ltd, Lister Technologies, Sterling Holidays and Resorts, CMC Ltd (a Tata enterprise), Hydro S&S Industries, Reed Relays and Electronics etc.
- He has also handled audits of large Public sector Banks/ Undertakings such as State Bank of India (SBI), Bank of India, Indian Bank, Neyveli Lignite Corporation (NLC), Cochin Refineries, Madras Fertilizers, Life Insurance Corporation (LIC), United India Insurance etc.
- Ganesan has vast experience in domestic and international taxation. He was actively involved in the acquisition and Fund-raising activities of Trivitron Healthcare, Medfort Hospitals and Metropolis Healthcare.
- He is presently on the Board of Trivitron Healthcare and Medfort Hospitals
Education
- Fellow member of The Institute of Chartered Accountants of India (ICAI)
- Madras University – Chemistry graduate
Mr. Balaji Srinivas
Mr. Balaji Srinivas
Career Highlights
- Served as Managing Director at The Abraaj Group. Mr. Srinivas was a Senior Member of The Abraaj Group’s team in India
- Served as a Partner and Regional Fund Manager for South Asia at Aureos Capital Limited
- Served as a Vice President for The Carlyle Group’s investments in India
- Served as an Associate Director at Intel Corporation, where he established Intel India’s Venture Capital operations in 1998 and led 15 investments in technology SMEs
- Served at Sterling Holiday Resorts (India) Limited and BPL Mobile Communications in their respective corporate finance divisions
- Served as a Director of Continental Warehousing Corporation (Nhava Seva) Ltd
- He began his career with Tata Steel as a Financial Accountant
Education
- Chartered Accountant, Institute of Chartered Accountants of India
- University of Madras – Bachelor of Commerce degree
Chandrasekar (Chandra)
Kandasamy
Managing Partner
Chandrasekar (Chandra)
Kandasamy
Managing Partner
Career Highlights
- More than 30 years of VC/PE experience
- Set up Intel Capital, The Carlyle Group and ePlanetCapital in India
- Sourced, led and managed 68 transactions over last 30 years; exited from 66 deals
- Distributed 2.4x cash back to investors with a 20%+ $ IRR
- Former board positions include FSS, Quest Global, Newgen, Continental Warehousing
Former experience
- Peepul Capital – Investment Director
- ePlanet Capital – Managing Partner, member of the Global Investment Committee and Management Committee
- The Carlyle Group – Director
- Intel Capital – Manager of Strategic Investments
- ICICI Venture – Assistant Vice President – IT and Healthcare
- World bank sponsored internship at Poly Ventures, New York for 7 months
Education
- Bharathidasan Institute of Management – MBA
- Anna University, Chennai – B.E
