MUMBAI: 14 year old private equity firm founded by  Manish Kejriwal, Sunish Sharma and Nishant Sharma, Kedaara Capital, announced two promotions just as 2024 was ending.

First, Anant Gupta.  A  managing director at the firm, he has been elevated to the position of partner. Anant has been with Kedaara Capital for the past 12 years and was a board member or observer of many of the companies it had invested in.

Among them: LensKart.com, Dairy Day, Vishal Megamart, Purplle.com, Vedant Fashions, Manjushree Technopack, Owndays Co.

The firm said that he has been instrumental in driving investments, value creation and fostering long-term growth and successful exits.

Next the PE firm announced the advancement of managing director Rishiraj Khajanchi  as partner &  chief operating officer.  Rishiraj has been with Kedaara for a decade plus and the firm said that “he has been a cornerstone of Kedaara’s fund operations, investor relations and has actively supported the investment team in complex situations.”