What we do
We’re a private equity and debt investment firm with extensive experience in acquisitions, leveraged buyouts, and direct investments into recapitalization transactions, co-investment, and restructuring.
Who we are
Jupiter Capital was started in 2005 in Bengaluru to bring new paradigm investing of using simple yet exceptional business ideas. The drive to create exceptional brands and companies has enabled us to build valuable and successful businesses that have reached millions of people and enterprises in India and around the world.
Our philosophy
We’re believers who turn ideas into opportunities and value. Even if the opportunity isn’t as straightforward, we jump in at the deep end with our strategy and execution to carve out opportunities before everyone else.
The values that steer us:
Ethics and integrity
At Jupiter Capital, ethics and integrity precede cash flows. We ensure that all our business practices and engagements with our stakeholders are guided by the highest moral standards.
Firm first
We embrace our differences and work together with mutual respect and commitment towards the creation of value and success of investments, betterment of our stakeholders and community.
Innovation and excellence
We aim upwards to surpass our records with our commitment to excellence and innovation.
Growth and development
We constantly identify and adopt new technologies and practices that support our professional and personal development.
Community first
We strive to become exemplary corporate citizens and bring a positive change in our communities.
Small team, big results
Rajeev Chandrasekhar
Founder
Rajeev Chandrasekhar is one of India’s leading Technology Entrepreneurs – and was responsible to build India’s Telecom sector as one of its earliest and most successful entrepreneurs.
He has a Master’s in Computer Science and honorary Doctor of Science. His achievements range from being a key part of Intel’s pathbreaking Pentium microprocessor in the Silicon Valley to build India’s first cellular mobile company.
Rajeev was amongst the first to spot the potential of Telecom in India when he founded BPL Mobile in 1993 – a pioneering cellular company that rolled out India’s first and largest Greenfield cellular network at a time of challenging policy and economic environment. Just over decade later he exited that as largest M&A of the time in excess of USD1.1 Billion.
After Founding Jupiter Capital, he has built and exited very successful and valuable ventures includng Billion dollar Broadcast Entertainment -StarAsianet, India’s first private investment in Container train services IndiaLinx and many others.
Rajeev’s entrepreneurial and other achievements have won him all round recognition and awards. These include the Honorary DSc from Vishweswarya Technical University, Karnataka, the Illinois Institute of Technology’s Global Alumni Association honor, and the Most Distinguished Alumnus award from MIT, Manipal.
Setting up India's pioneer cellular company, BPL Mobile
1995
Establishing Jupiter Capital
2005
Youngest president of FICCI
2008-09
Most Distinguished Alumnus honor from MIT, Manipal
2013
2005
Exiting BPL Mobile, valued at $1.1 billion
2007
Global Alumni Association honor from Illinois Institute of Technology, Chicago
2013
Honorary DSc from Vishveshwarya Technical University, Karnataka
Sudhakar Gande
Advisor to Board
Sudhakar Gande comes with two and half decades of experience in the areas of investment banking, corporate finance, venture development and management, corporate strategy, and general management. He served as the former Senior Director of American Express and former Managing Director of a leading private sector bank. Presently, he is the Non-executive Director of AXISCADES Group. Mr. Gande is also Co-chairman of FICCI Defence and Aerospace Committee and also member of Visionary Group for Start-ups set up by Government of Karnataka.
Mr. Gande completed his M.Tech (Electronics and Computers) from the Indian Institute of Technology (IIT), Delhi, and MBA in Finance from Faculty of Management Studies (FMS), Delhi University.
David Abikzir
Chief Investment Officer and Executive Director - Equity
Our CIO and Executive Director, David Abikzir, worked with a $6 Billion fund, CDC IXIS Private Equity focusing on global tech companies in Europe and USA. He is a former private banker in CDC IXIS Private Capital Management, where he managed a fund of $600 million. He entered in the Indian market in 2010 as the Managing Director of the F&B Group Luxe Corporation and was a pioneer in the Indian e-commerce space by launching Yzury.com in 2011 and successfully exited of the same in 2014. His professional accomplishments include setting up Luxe Corporation and co-founding and heading Nymex Consulting, and successfully exiting from the same in 2020.
David holds a Masters degree in Wealth Management & Asset Management from Kedge Business School (Bordeaux-France) and a Masters in Banking & Financial Law from Paris Sorbonne-University.
David has also authored two books on the e-commerce and digital market in India.
Abhay Maheshwari
CFO
Abhay Maheshwari brings with him more than 13 years of experience in Finance controllership, Business planning, Due diligence, Fund raise and Process automation. He has worked extensively with leading Automotive, Ecommerce and Telecom companies. In his recent stints he was associated with Cars24 and Flipkart. With varied industrial exposure , he has worked on various growth initiatives for different business segments including B2B, B2C, Marketplace and NBFC.
Sandeep Kandipalli
Head of Corporate Finance
Sandeep brings with him more than a decade of experience in Technology, Fundraising, M&A, Investments, Strategy and Investor Relations. In his recent stint he was part of the Group Strategy and Corporate Development at Ola. Prior to that, he worked as Vice-President, Investment Banking at JM Financial, where he had advised several clients across New Age Tech, Telecom and General Industrials sectors. Prior to that, he had stints with HSBC and Futures First. Sandeep holds PGDM degree from IIM Ahmedabad and B.Tech in Computer Science from IIT Madras.
Ankur Dubey
Investment Principal
Our Principal , Ankur Dubey has close to a decade long venture investing and operating experience across tech, healthcare and consumer sectors. Ankur has earlier been a part of Nirvana- early stage tech focused investing platform, Manipal CDC and Mitsui Global. He has been an early stage investor and has driven value accretive initiatives in portfolio companies such as Pharmeasy- ePharmacy player, Portea- Home Healthcare, Naaptol- TV Shopping, Shiprocket- Logistics aggregation, among others. His work experience also includes an Investment Banking Stint at HSBC and Java developer role at Oracle USA. He holds an MBA from IIM, Raipur and a bachelor degree in Computer Science and Engineering from Birla Institute of Technology, Ranchi.
Ravi Sharma
Investment Analyst
Ravi Sharma has over 5 years of experience in the areas of investing, valuations, credit analysis and corporate finance. Prior to joining Jupiter Capital, he has worked with HSBC Bank and Price Waterhouse. He is a Chartered Accountant and has completed all three levels of CFA US certification.
Niharika Mangesh
Digital Marketing Analyst
Niharika is a Digital Marketing Analyst in the Equity Team where she focuses on developing and executing digital models for our portfolio investments. She is also managing the digital transformation of the Jupiter Capital brand. Her prior experience includes working with NBA India’s digital team as a content creator focusing on audience engagement.
She holds a bachelor’s degree from Tata Institute of Social Sciences and Masters in Management, specialising in Marketing from EM lyon Business School, France.
Sudhakar Gande
Advisor to Board
Sudhakar Gande comes with two and half decades of experience in the areas of investment banking, corporate finance, venture development and management, corporate strategy, and general management. He served as the former Senior Director of American Express and former Managing Director of a leading private sector bank. Presently, he is the Non-executive Director of AXISCADES Group. Mr. Gande is also Co-chairman of FICCI Defence and Aerospace Committee and also member of Visionary Group for Start-ups set up by Government of Karnataka.
Mr. Gande completed his M.Tech (Electronics and Computers) from the Indian Institute of Technology (IIT), Delhi, and MBA in Finance from Faculty of Management Studies (FMS), Delhi University.
David Abikzir
Chief Investment Officer and Executive Director - Equity
Our CIO and Executive Director, David Abikzir, worked with a $6 Billion fund, CDC IXIS Private Equity focusing on global tech companies in Europe and USA. He is a former private banker in CDC IXIS Private Capital Management, where he managed a fund of $600 million. He entered in the Indian market in 2010 as the Managing Director of the F&B Group Luxe Corporation and was a pioneer in the Indian e-commerce space by launching Yzury.com in 2011 and successfully exited of the same in 2014. His professional accomplishments include setting up Luxe Corporation and co-founding and heading Nymex Consulting, and successfully exiting from the same in 2020.
David holds a Masters degree in Wealth Management & Asset Management from Kedge Business School (Bordeaux-France) and a Masters in Banking & Financial Law from Paris Sorbonne-University.
David has also authored two books on the e-commerce and digital market in India.
Abhay Maheshwari
CFO
Abhay Maheshwari brings with him more than 13 years of experience in Finance controllership, Business planning, Due diligence, Fund raise and Process automation. He has worked extensively with leading Automotive, Ecommerce and Telecom companies. In his recent stints he was associated with Cars24 and Flipkart. With varied industrial exposure , he has worked on various growth initiatives for different business segments including B2B, B2C, Marketplace and NBFC.
Sandeep Kandipalli
Head of Corporate Finance
Sandeep brings with him more than a decade of experience in Technology, Fundraising, M&A, Investments, Strategy and Investor Relations. In his recent stint he was part of the Group Strategy and Corporate Development at Ola. Prior to that, he worked as Vice-President, Investment Banking at JM Financial, where he had advised several clients across New Age Tech, Telecom and General Industrials sectors. Prior to that, he had stints with HSBC and Futures First. Sandeep holds PGDM degree from IIM Ahmedabad and B.Tech in Computer Science from IIT Madras.
Ankur Dubey
Investment Principal
Our Principal , Ankur Dubey has close to a decade long venture investing and operating experience across tech, healthcare and consumer sectors. Ankur has earlier been a part of Nirvana- early stage tech focused investing platform, Manipal CDC and Mitsui Global. He has been an early stage investor and has driven value accretive initiatives in portfolio companies such as Pharmeasy- ePharmacy player, Portea- Home Healthcare, Naaptol- TV Shopping, Shiprocket- Logistics aggregation, among others. His work experience also includes an Investment Banking Stint at HSBC and Java developer role at Oracle USA. He holds an MBA from IIM, Raipur and a bachelor degree in Computer Science and Engineering from Birla Institute of Technology, Ranchi.
Ravi Sharma
Investment Analyst
Ravi Sharma has over 5 years of experience in the areas of investing, valuations, credit analysis and corporate finance. Prior to joining Jupiter Capital, he has worked with HSBC Bank and Price Waterhouse. He is a Chartered Accountant and has completed all three levels of CFA US certification.
Niharika Mangesh
Digital Marketing Analyst
Niharika is a Digital Marketing Analyst in the Equity Team where she focuses on developing and executing digital models for our portfolio investments. She is also managing the digital transformation of the Jupiter Capital brand. Her prior experience includes working with NBA India’s digital team as a content creator focusing on audience engagement.
She holds a bachelor’s degree from Tata Institute of Social Sciences and Masters in Management, specialising in Marketing from EM lyon Business School, France.
Our partners and co-investors
We have co-invested with global leaders to build brands and enhance returns for our shareholders.
