Paragon Partners Company Research Report

Company Overview

• Name: Paragon Partners

• Mission: To be a leading India-focused mid-market private equity investor, providing superior returns to all stakeholders through value-added activities at portfolio companies.

• Founding and Key People:

• Co-Founders: Siddharth Parekh (Senior Partner) and Sumeet Nindrajog (Senior Partner)

• Board of Advisors:

• Deepak Parekh (Chairman, HDFC Ltd.)

• Harsh Mariwala (Chairman, Marico Ltd. & Founder Member, Marico Innovation Foundation)

• Sunil Mehta (Former Non-Executive Chairman, Yes Bank)

• Rahul Mehta (Former Director and Country Head, Argonaut Private Equity)

• Jeff Serota (Senior Executive with experience in principal investing, operating, and asset management)

• Headquarters: Paragon Advisor Partners LLP, 901 Grande Palladium, 175 CST Road, Kalina, Santacruz (E), Mumbai – 400098, India

• Number of Employees: No information is available

• Revenue: No information is available

• Known For: Investing in high-growth mid-market companies to add value through the experience of the Paragon team and its advisory board.

Products and Services

• Portfolio

• Capacit’e Infraprojects Limited: Provides EPC services for residential, commercial, and institutional buildings.

• Maini Precision Products Limited: Supplies high-precision engineering components and assemblies for automotive, industrial, and aerospace sectors.

• Cravatex Brands Limited: Exclusive retailer and distributor for FILA and Johnson Healthtech in India and surrounding countries.

• InCred Finance: Offers technology-driven lending services focusing on SMEs, education, and consumer finance.

• Chai Point: Retailer and delivery service for tea and beverages in India.

• eShakti: Women's fashion brand offering customizable apparel.

• InCred Capital: Provides wholesale lending and merchant banking services.

• SMEcorner: Non-Banking Finance Company lending to the unorganized retail sector in India.

• Investment Strategy: Focuses on high-growth mid-market companies with the aim to add value through business development, organization development, and operational efficiencies.

Recent Developments

• News Updates:

• March 29, 2022: Personal care brand mCaffeine raises ₹240 crore in Series C.

• June 28, 2021: GoBolt raises $20M in Series B led by Paragon Partners and Aavishkaar Capital.

• June 23, 2021: Featured on ET NOW discussing Paragon Partners' growth strategy.

Conclusion

Paragon Partners is a reputable mid-market private equity firm with a strategic focus on high-growth companies in India. They leverage their advisory board's expertise and pursue vigorous governance to ensure optimal returns for stakeholders. Their portfolio demonstrates a diverse investment spread over several sectors including infrastructure services, precision manufacturing, consumer discretionary, and financial services. Paragon Partners continues to strengthen its standing through strategic investments and partnerships.