Overview
Synergy Capital Partners LLP is an investment firm specializing in providing equity capital to unlisted 'Early-Growth' companies in India. As the first fund in India focusing specifically on the 'Early-Growth' stage, it uniquely bridges the gap between venture capital and private equity investments. The firm targets companies with annual revenues ranging from INR 75 to 300 crore.
Founded with the mission to back industry-defining companies, Synergy Capital Partners seeks ventures significantly enhancing customer experience, where leaders are considered talent magnets.
Investment Strategy
Synergy Capital's investment strategy targets both tech-enabled and traditional sector businesses across enterprise and consumer segments. Key aspects include aiming for a 35% CAGR, focusing on enterprises within the top 3 in their segment, balancing equal emphasis on IRR and multiples, and selecting founders seen as talent magnets.
Leadership
Apurva Patel, the founder and managing partner, has a 17-year history in private equity, including significant time with Singularity Growth Opportunities Fund. Apurva holds an MBA from Duke University and a CA qualification with an All-India rank. He is known for a consistent investment temperament and processes, highly regarded in the industry. His experience covers equity research, technology investment banking, and private equity investment both in India and the United States.
Achievements and Portfolio
The founder, Apurva Patel, has made 26 investments with 15 successful exits. Synergy Capital is recognized for customized investment approaches, allowing effective management of "Early-Growth" investments. Its portfolio encompasses a diverse range of industries, committed to redefining industry standards.
Client and Partner Testimonials
Testimonials from clients and partners such as Sreevastha Prabhakar of Servify, Pankaj Vermani of Clovia, and Yogesh Kabra of XYXX highlight Apurva Patel's passionate involvement and strategic insight. His deep understanding of business nuances and ability to offer valuable insights have facilitated growth.
Competitor Analysis
Key Competitors
1. Apollo Global Management, Inc.
- Operates within the alternative asset management industry, sharing market space with entities like Blackstone, KKR, and Carlyle Group. Prioritizes economic factors over asset growth.
- Revenue: $5.9 billion, Employees: 4,032.
2. Bain Capital
- Distinguished by operations in investment banking and finance, competing with Blackstone, TPG, and Warburg Pincus.
- Revenue: $323.8 million, Employees: 1,742.
3. Hellman & Friedman
- Noted for robust private equity operations, competing with firms such as Apax Partners and Berkshire Partners. Has a specialization in buyouts and restructurings.
- Investment range: $300 million to $1 billion per transaction.
Other Notable Competitors
- Accel: Engages in venture capital, with competitors like Sequoia Capital and Andreessen Horowitz.
- Blume Ventures: Focuses on nurturing revolutionary businesses in India, competing with Nexus and Venture Catalysts. Known for seed funding.
- Lightspeed: Provides e-commerce platforms, facing competition from companies such as Square and Shopify through comprehensive solutions.
Contact Information
For further engagement or inquiries, Synergy Capital can be reached via their official website: [Synergy Capital Partners LLP](https://www.synergycapital.fund/).
