Wealth & Finance International - February 2017

73 February 2017 founding member at two of India’s largest HR Services companies, IKYA Human Capital Solutions (now Quess Corp) and PeopleOne Consulting (now Adecco India). The Fund follows a bottom-up investment approach, and typically invests between $2-8 million for a controlling or significant minority position. It is often the first or only institutional investor in the portfolio company allowing the team to form deep and constructive relationships with promoters to help them co-build the company. The Investment team actively participates in all the portfolio companies including board participation, providing meaningful input on operations and strategy, and augmenting the risk management and corporate governance framework. One of the key differentiators of the Carpediem strategy is the custom build and transform framework that the team develops for each of the portfolio companies with the objective of accelerated revenue growth and multiple expansion. The transformational agenda is built on three pillars - scale & profitability, people strategy and value enhance- ment. Key features of this framework include accelerating revenue growth from increased market penetration and market expansion, process-based cost controls, product and service optimisation, strong branding and marketing strategy, talent acquisition and retention, imple- mentation of strong monitoring and reporting systems, and an optimised capital structure. From its maiden Fund, three investments have been made till date; Thea Kitchen (Biryani Blues) is a top-rated biryani delivery chain in the National Capital Region (NCR), Adinath Agro is a meal accompani- ments company with a leadership position in Jain (no onion, no garlic) sauces, and Gadgetwood eServices (Yaantra) provides on-demand repair services for mobiles & tablets, and sells refurbished gadgets. It is the only repair & refurbishment company in India with in-house repair capabilities. Company: Carpediem Advisors Private Limited Name: Hithendra Ramachandran Email: [email protected] Web Address: www.carpediem-capital.com Address: 84, 8th Floor, Free Press House Free Press Journal Marg Nariman Point, Mumbai 400 021 Telephone: +91 22 6184 5500 Mobile: +91 9967974000 L to R: - Hithendra Ramachandran, Abhishek Sharman, Arvind Nair