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
Murali Ananthasivan
Chairman & Independent Director
Murali Anathasivan is an advocate with 35 years standing with a rich experience as a Partner of AZB & Partners and J Sagar Associates. He has an extensive experience as a Corporate Lawyer in Mergers and Acquisition with emphasis on Corporate Restructuring and Company Law Matters. He has a steady standing before National Company Law Tribunal and High Court of Karnataka. He also advises and assists in investments and exits by PE, VCs, JVs and strategic investors.
Venkatraman V
Non- Executive Director
Mr. Venkatraman V is a qualified Chartered accountant, cost accountant and Company Secretary by qualification. In addition, he has also passed Level III examination of the Chartered Financial Analyst examination conducted by CFA Institute, USA. He was also an ex-bureaucrat having qualified the Indian civil services examination in Year 2001 with an All India rank of 250.
Mr. Venkatraman has a holistic work experience of more than 20 years in the areas of Business Strategy & Development, Project Financing, Mergers & Acquisitions and accounting, along with four years experience with the Government. He was the former Chief Financial Officer of Jupiter Capital Private Limited, and has worked across marquee companies like Reliance ADA Group, ICRA Management Consulting Services, Maytas, GMR, L&T Infrastructure Finance, Embassy Group and Hindusthan Infrastructure Projects and Engineering Private Limited.
Mathevanpillai Sivaram
Non- Executive Director
Mathevanpillai Sivaram is a Chartered Accountant with 30 years of experience. He has vast experience in taxation and financial structuring and commercial negotiations. He has been with Jupiter Capital Private Limited since its inception and has helped the Company close multiple investment deals, mergers and acquisitions.
Murali Ananthasivan
Chairman & Independent Director
Murali Anathasivan is an advocate with 35 years standing with a rich experience as a Partner of AZB & Partners and J Sagar Associates. He has an extensive experience as a Corporate Lawyer in Mergers and Acquisition with emphasis on Corporate Restructuring and Company Law Matters. He has a steady standing before National Company Law Tribunal and High Court of Karnataka. He also advises and assists in investments and exits by PE, VCs, JVs and strategic investors.
Venkatraman V
Non- Executive Director
Mr. Venkatraman V is a qualified Chartered accountant, cost accountant and Company Secretary by qualification. In addition, he has also passed Level III examination of the Chartered Financial Analyst examination conducted by CFA Institute, USA. He was also an ex-bureaucrat having qualified the Indian civil services examination in Year 2001 with an All India rank of 250.
Mathevanpillai Sivaram
Non- Executive Director
Mathevanpillai Sivaram is a Chartered Accountant with 30 years of experience. He has vast experience in taxation and financial structuring and commercial negotiations. He has been with Jupiter Capital Private Limited since its inception and has helped the Company close multiple investment deals, mergers and acquisitions.
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.
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.
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.
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.
Our partners and co-investors
We have co-invested with global leaders to build brands and enhance returns for our shareholders.
