Company type | Private company |
---|---|
Industry | Private equity, Venture Capital |
Founded | 2006 |
Founders | Sameer Sain and Atul Kapur |
Headquarters | Singapore |
Products | Venture capital |
AUM | $7 Billion (2023) |
Number of employees | 425 (2023) [1] |
Website | www |
Everstone Capital Asia is an Indian private equity firm established in 2006, currently headquartered in Singapore. Founded by co-founders Sameer Sain and Atul Kapur, Everstone operates globally, with offices based in London, New York City, Mauritius, and United Arab Emirates, in addition to India and Singapore. [2] [3]
The company's origin can be traced back to Future Capital, a financial services firm that was established by Sameer Sain in partnership with Future Group in 2006. [4] Sain took over Future Capital’s private equity business in 2009 and teamed up with Atul Kapur, a former Goldman Sachs colleague, to form Everstone Capital. [5]
At first, the company began its operations in London. Soon after, they rapidly expanded, establishing five additional offices in Singapore, Mumbai, Bangalore, Delhi, and Mauritius. Surprisingly, they made the decision to close their London office in 2008 and relocated their headquarters to Asia. [6]
Portfolio companies | Entry Year | Investment in US$ | Exit |
---|---|---|---|
Burger King - India and Indonesia | 2014 [7] [8] | $100 million (appox.) | Part exit in 2020 (via IPO) |
Calibre Chemicals | 2021 [9] | $100 million (appox.) | - |
IndoSpace | 2017 [10] | Not Publicly Available | - |
Mediamint | 2016 [11] | $100 million (appox.) along with US-based Recognize | - |
Rubicon Research | 2016 [12] | $33 million | 2019 |
S. Chand Group | 2012 [13] | $38 million (for 35% stake) | - |
Sahyadri Hospitals | 2019 [14] | Not Publicly Available | - |
Servion Global Solutions | 2017 [15] [16] | $70 million (initial investment of $66 million in 2014, follow on investment of $8million in 2017) | - |
Slayback Pharma | 2020 [17] | $50 million (approx.) | - |
Subway (master franchise for India, Sri Lanka and Bangladesh) | 2021 [18] | Not Publicly Available | - |
Sula Vineyards | Not Publicly Available [19] | Not Publicly Available | 10% Stake Sold in 2013 |
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