Samir Abhyankar Joins Lightrock as Partner & Head of India

People | Feb 28, 2025 | Lightrock

Samir Abhyankar Joins Lightrock as Partner & Head of India

In a strategic move to bolster its presence in India, Lightrock, a global investment platform focused on sustainable funding, has announced the appointment of Samir Abhyankar as Partner and Head of India. With a robust investment history exceeding USD $1 billion annually and a wealth of experience from leadership roles in British International Investment, TPG Rise, and TPG Growth, Abhyankar brings invaluable expertise to Lightrock. His appointment marks a new era for Lightrock's operations in India, aiming to transform it into a strategic hub for regional capital deployment and value creation. Lightrock, known for deep investments in Indian companies across the sectors of logistics, healthcare, finance, and education, plans to expand its Indian portfolio with a new Mumbai office. This expansion underscores India's rising significance as a growth market in the global investment landscape. Abhyankar succeeds Kartik Srivatsa and Vaidhehi Ravindran, who played a crucial role in establishing Lightrock’s substantial presence in India. The new leadership is poised to drive Lightrock’s mission to support purpose-driven businesses, fostering innovation with the potential for global scaling.

Sectors

  • Private Equity
  • Venture Capital
  • Sustainable Investment

Geography

  • India – The article focuses on Lightrock's strategic expansion and operations in India, emphasizing it as a key market.
  • United Kingdom – Samir Abhyankar's previous association with British International Investment, a UK-based entity, is highlighted.

Industry

  • Private Equity – Lightrock is a private equity firm focusing on sustainable and impact investments globally, including significant operations in India.
  • Venture Capital – The article discusses capital deployment and scaling strategies for Indian startups and businesses, aligning with venture capital activities.
  • Sustainable Investment – Lightrock emphasizes investments in purpose-driven businesses, highlighting themes of People, Planet, and Productivity, characteristic of sustainable investment.

Financials

  • USD $1 billion – Capital deployed by Lightrock in Indian companies through private market investment funds.

Participants

NameRoleTypeDescription
LightrockPrivate Equity FirmCompanyA global investment platform committed to sustainable and impactful investment practices.
Samir AbhyankarPartner & Head of IndiaPersonRecently appointed partner responsible for leading Lightrock's operations in India.
British International InvestmentPrevious EmployerCompanySamir Abhyankar's former company where he led the Financial Services Group and Direct Private Equity.
PorterPortfolio CompanyCompanyA logistics specialist part of Lightrock's Indian portfolio.
ChaloPortfolio CompanyCompanyA transport technology company part of Lightrock's Indian portfolio.
Kauvery HospitalsPortfolio CompanyCompanyA healthcare provider part of Lightrock's Indian portfolio.
Aye FinancePortfolio CompanyCompanyA specialist lender part of Lightrock's Indian portfolio.
ScalerPortfolio CompanyCompanyAn ed-tech leader part of Lightrock's Indian portfolio.
Kartik SrivatsaOutgoing PartnerPersonFormer Partner at Lightrock in India, credited for establishing Lightrock’s Indian operations.
Vaidhehi RavindranOutgoing PartnerPersonFormer Partner at Lightrock in India, instrumental in fostering the firm's growth in the region.
Pal Erik SjatilManaging Partner & CEOPersonCEO of Lightrock, overseeing global operations and strategic expansions.