Funds

“Panini helped us exit our controlling stake in one of our investments during the challenging Covid times. The transaction faced several hurdles including auto component industry challenges, GST disruptions and Covid19. Panini engaged with a diverse range of potential acquirers – private equity funds, industrial houses, family offices, professional entrepreneurs and overseas parties – and all the multiple stakeholders involved – employee teams, transaction advisors, different sellers and acquirers. Special mention about the remarkable dedication and intense engagement and staying the course through a challenging twenty four month plus period”

” Panini advised us on our exit from Thriveni Earth Movers – at a time when the contract mining industry was going through several regulatory complications and business uncertainties. We appreciate that they were able to grasp the pulse of the business and reach out to marquee funds and strategics for whom the business was relevant. They were also able to guide the company in terms of diverse alternatives for providing an exit and pros and cons therein, leading to the eventual agreed path of exit. ”

“I have a relationship with Ketan that goes back 20 years. We invested through Panini in Em & Em first as angel investors, and then in the institutional round. In particular, we appreciate their ability to handhold the company and the founders even beyond the fund raise and ensure they remain on track..”

“We worked with Ketan while he was at Daiwa for various initiatives. He helped us and our investee companies related to Japan and Korea, and I found him providing sound advice on identifying potential opportunities in dynamic markets with a good pulse on navigating cultural sensitivities.”

“It was a pleasure to work with Ketan during CLSA Private Equity’s investment in Apar Industries. He was professional and worked to address a win-win solution.”

“It was a pleasure to interact with Ketan during Standard Chartered’s investment in Prime Focus. He played a key role in bridging issues that arise owing to differences between requirements of functioning of large professional institutions and entrepreneur run companies.”

Ketan helped us raise private equity 15 years back from CLSA, and has made a conscious effort to maintain relations since then. At Panini we had the experience of investing through him in a private equity transaction. What stands out is Ketan’s involvement post the fund raise to remain engaged and support the investee company to become successful.