We are looking to acquire a B2B business in India.
If you or someone you know is looking to exit a business that has annual profits between INR 8 to 40 Crore, we would love to talk to you.
Characteristics we ideally look for
Healthy B2B
We're only looking to buy a growing & profitable B2B business.
We can't consider turnaround stories.
Industry Agnostic
While we are industry agnostic, we would prefer businesses in or adjacent to Automobile, Hospitality & Retail - but we're very open to other sectors too.
Scale
We care about profits over revenues and aim for an annual profit range of INR 8 to 40 Crores.
Low Attrition
Low employee and customer attrition excites us and builds deeper trust in the opportunity.
Recurring Cashflows
We especially like opportunities where big parts of the future business is predictable.
Succession Issues
We ideally want to come into a business that has succession issues and therefore the entrepreneur is looking to exit.
How we work
If you're a mid-sized business owner looking to exit, we're here to take your business legacy forward with utmost care
We do an initial intro call to understand you and for you to understand us.
The idea is to know each other better and to build trust - the very base of any great relationship.
Intro Call
After LoI, we'll quickly move to the last step of Due Diligence and once we get the green signal from our partners, we'll close the deal - and start working hard to take your business legacy forward!
DD & Deal
We may come back to you with certain questions over our follow up meetings.
And if all looks good, we'll give you our tentative offer & LoI.
Follow up meetings & LoI
We truly care about keeping all information confidential and therefore the first step that we suggest is a Non-Disclosure Agreement.
We'll then request you for your business data.
NDA & Financial Review
About the Founder
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About the Founder
Anurag's journey as a dynamic business leader began with entrepreneurship at the age of 17, where he spent 5 formative years building ventures across Healthcare, Consumer Tech, and Retail.
Following his entrepreneurial endeavors, Anurag joined OYO Hotels, a SoftBank-backed hospitality startup, where he held diverse roles across Sales, Operations, Strategy, and P&L Leadership. At OYO, he played a pivotal role in building the Central and South India region for the Banquets & Events business, achieving a GMV of over $40 million and leading a team of more than 400 individuals.
Subsequently, as the CEO of Raam Group, an automotive retail conglomerate in India, Anurag oversaw businesses generating a topline of $100 million, managing a workforce of over 800 people.
With over 12 years of experience spanning entrepreneurship, rapid-scale startups, and leadership roles in traditional business models, Anurag is now embarking on a new chapter: acquiring and scaling a promising business.
Anurag holds an MBA from INSEAD, where he studied across both the France and Singapore campuses. Prior to that, he earned a B.Com (Hons) from Delhi University.
We have stalwart Investors & Advisors
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Lighthaven is a Fund of Funds focussed on Asian Search Funds having invested in Singapore, Malaysia & India.
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SF Club is a prolific Italian Search Fund investor having invested in over 60 Search Funds.
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Artha is a leading VC fund based in India with over $100 Mn in investments and known for their early bets in companies like Oyo & Rapido.
The Cromwell Harbor Partnership is the family office of Will Thorndike. Will is one the most active and successful search fund investor of all time.
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Spectra is a Brazil based Private Equity firm with over $1.3 Bn in AUM and has funded over 60 search funds across various countries.
Secways is the family office of Pere Hospital, Founder of Cloudways (now acquired by Digital Ocean). Secways is a globally active search and venture investor.
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Novidam is US based Global Search & Private Equity Investor setup by Alexander Schuil, a successful Search Fund Entrepreneur.
AIJ is a global Private Equity and Search Fund investor and has participated in over 100 search funds in the past.
Pawan Danwar
Pawan is the President & CFO of HCL Group - a $60 Bn IT Enterprise. Pawan is highly regarded and respected in the Indian corporate ecosystem.
Tycen Bundgaard
Tycen is the CEO of Les Amis Group Singapore. Earlier he was a Partner at McKinsey & Co in Singapore. Tycen has funded several search funds in SEA.
Vishal Chaddha
Vishal has been in CXO/org leadership roles across brands like HT Media, ABN Amro Bank & Coca Cola. He is an alumnus of IIM Calcutta.
Abhinav Ghosh
Abhinav is SVP at HCL Group and also a Board Member of Guvi, an HCL EdTech enterprise.
Max Collingwood
Max has been an VC investor in Europe and has earlier led Accounting roles in Big 4s.
Dr. Gernot Eisinger
Dr. Gernot is Founder and Managing Partner at Afinum, a German Private Equity firm with over $2 Bn in AUM. Dr. Gernot has done his MBA from INSEAD.
Dr. Thomas Beuhler
Dr. Thomas is Founder and Chairman of the Supervisory board at Afinum, a German PE firm with over $2 Bn in AUM.
Jose Cabiedes
Jose is an active search fund investor and has made over a 100 search fund investments to date. He is also a Lecturer at IESE Business School, Barcelona.
Adit Ravi
Adit is Director at Argusoft, a legacy Indian IT services company. He did his MBA from Kellogg and B.Tech from IIT Madras.