Capital raise. M&A. One advisor.
Two anchor practices. One capital lifecycle.
Capital raise and M&A. Under one advisor.
Two core practices, run to institutional standards. We raise capital from Seed to IPO for founders on the way up, and run M&A — sell-side, buy-side, cross-border — when it is time to exit or acquire. Same team, same conviction, no handoffs.
- Positioning strategy and investor narrative for institutional readiness
- Direct access to angels, micro-VCs, and pre-seed / seed funds
- Round structuring, syndicate design, and lead-investor identification
- Term sheet negotiation and cap-table advisory
- Cross-border round execution — US and India investor corridors
- Institutional VC access and end-to-end round execution
- Process management from outreach through diligence to close
- Syndicate structuring and lead-investor coordination
- Term sheet and shareholder agreement negotiation
- Governance and post-close cap-table advisory
- Growth equity and PE process — curated outreach through closing
- Structured debt: NCDs, venture debt, and private credit placements
- Institutional lender and NBFC syndication
- Instrument selection and balance-sheet strategy
- Sector-specific investor mapping and warm introductions
- Pre-IPO placements and anchor investor curation
- IPO readiness diagnostics and equity story positioning
- Full IPO mandate execution — merchant banking via Khandwala Securities
- Book building, syndication, allocation, and listing support
- Continuity from first capital raise to listing day — one advisor, one team
- Sell-side mandates: mandate scoping, buyer strategy, controlled process, negotiation, close
- Buy-side mandates: target strategy, disciplined sourcing, valuation, negotiation, close
- Cross-border M&A: India ↔ US ↔ global strategics — capital corridor navigation as default
- Curated buyer access — 450+ PE, strategic, family office, and industry operator relationships
- Value maximization through process design and disciplined counter-party management
- End-to-end deal management through signing, funding, and post-close transition
Built for two kinds of capital decisions.
High-growth startups raising institutional venture capital. SMEs preparing for the next phase — growth equity, Pre-IPO, or a strategic exit.
Seed and Series A founders
- Tech-enabled and SaaS founders raising institutional venture capital
- Round sizes $0.5M–$15M across US and India
- Continuity across successive rounds — seed to A, A to B, under one mandate
- Cross-border founders raising from both sides of the corridor
Owner-led businesses at inflection
- Profitable SMEs raising growth equity, structured debt, or NCDs
- Pre-IPO candidates preparing for listing readiness and anchor placement
- Owners exploring strategic sale, partial monetization, or succession
- Mid-market operators executing acquisitive growth via buy-side mandates
Founders who have closed the deals.
25+ years of combined deal experience across investment banking, M&A execution, and capital markets. Senior advisors who add domain depth and global network reach.
Sailesh Sridhar, CFA
Founding Partner15 years across investment banking and transaction advisory. Cross-border M&A execution on US mid-market deals — sell-side, buy-side, and capital strategy across edtech, pharma, technology, healthcare, and real estate. Formerly Vice President at Transworld M&A (The Deal Maker’s Team) leading US mid-market sell-side, Cross-Border Associate at Global Healthcare Advisors, and Analyst at Finquest Capital. Selected cross-border sell-side execution alongside Terranova Capital. Angel investor, ESG certified.
CFA Charterholder · ESG Certified
Lakshmikant Sharma
Founding PartnerInvestment banking professional with a decade of expertise in M&A and private equity. Structural integrity of complex financial transactions across edtech, TIC, home health, industrials, real estate, and healthcare. Previously at Transworld M&A and Tata Capital, managing sell-side and buy-side mandates from $10M to $500M. Deal Maker's Team alumnus. Cross-border sell-side execution alongside Terranova Capital.
MBA Finance
Krishna Kumar
Senior AdvisorReal estate investment and capital advisory professional with 25+ years structuring, deploying, and managing institutional capital across the real estate lifecycle. Formerly Principal & Business Head at Piramal Finance (11+ yrs) leading real estate credit. Independently originated and executed deals worth 10,000+ Cr across geographies — 200+ projects with hands-on asset management and consistent 20%+ investor returns.
Sri Sathya Sai Institute of Higher Learning · MBA Finance
Raghu Bhat
Senior AdvisorSeasoned debt advisory and capital structuring professional with 20+ years across leading banks and NBFCs. Deep expertise in structured finance, private credit, fund raising, lender negotiations, credit appraisal and bespoke capital solutions for mid-to-large enterprises. Has led business origination, mandate negotiation and execution of structured finance solutions across western and southern India. Current focus: special situations advisory, fund raising from credit funds, venture debt providers and institutional investors.
IIM Calcutta · Sri Sathya Sai Institute of Higher Learning
SEBI-registered Category I Merchant Banker. Public-markets capability — Pre-IPO placements, anchor curation, IPO / FPO, rights issue, and buyback advisory — extending the Yajur lifecycle mandate through listing day.
Pranav Khandwala
Senior Advisor · Khandwala Securities20+ years across investor relations, investment advisory, and public-markets execution. Leads business initiatives spanning corporate and financial communications, capital markets access, and institutional investor engagement. Deep read on domestic and international macro, capital-market cycles, and investor sentiment across the primary-markets ecosystem.
Bayes Business School (formerly Cass), City, University of London · University of Mumbai
Rinav Manseta
Senior Advisor · Khandwala SecuritiesInvestment banking professional with 20+ years across merchant banking, Pre-IPO, IPO, private placement, FCCB, and corporate advisory mandates. Spearheads merchant banking and investment banking vertical at Khandwala, with prior leadership at Dalal Capital Market (VP, IB) and Atherstone Capital Markets. Certified Financial Planner.
IES Management College and Research Centre · PGDBA Finance · University of Mumbai (BCom)
Deals we have closed.
M&A, growth capital, debt syndication, and NCD listings — a snapshot of recent mandates across sectors, geographies, and capital types. Client names removed for confidentiality.
Why founders and owners bring us in.
The Ledger proves what we have done. This is why sophisticated founders, owners, and operators pick Yajur to run it.
Global capital for Indian businesses
Indian companies connected to global pools of capital — US, Middle East, Singapore, and beyond. Cross-border capital access as a starting position, not an add-on.
Family office & investor relationships
Warm access to 450+ investors globally — family offices, VCs, PE funds, private credit, and corporate strategics. Curated introductions, not databases.
International deal partner network
Working partnerships with M&A boutiques, IB firms, and buyer intelligence networks across US, Europe, and Asia. Buyer discovery and cross-border execution boutiques cannot match.
Full lifecycle capability — including IPO
Seed to IPO under a single advisory relationship. Merchant banking via Khandwala Securities provides a public-markets exit path most boutiques do not offer.
Partner leads every mandate
Every engagement is led by a partner — not delegated to juniors. Institutional process, boutique attention, senior conviction on every material decision.
Where we have closed deals.
Explore an engagement.
A 30-minute exploratory call with a partner. We assess the mandate, size the opportunity, and outline a process. No obligation, complete discretion. NDA available on request.