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Accelya Solutions

Pioneering change in the air transport industry, Accelya Solutions uses its deep industry knowledge to deal with the complexities of the aviation industry. They are industry leaders, consistently setting standards and helping airlines create tech that transforms the travel experience. A trusted partner, Accelya serves 250 airlines and 400 distribution partners around the world.

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Adroit

Founded in 1994, Adroit is one of the India’s leading financial market services company, providing bouquet of capital market services including securities broking, advisory, depository, equity research, derivative, commodity trading, currency futures and IPO distribution. It has more than 30 years of fruitful experience with 50,000+ happy clients across 250 cities all over India. Adroit Financial holds membership of National Stock Exchange of India Ltd. (NSE), Bombay Stock Exchange of India Ltd. (BSE), National Commodities and Derivatives Exchange Ltd. (NCDEX), Multi Commodity Exchange of India Ltd. (MCX), NSE-SX, MCX-SX, National Securities Depository Ltd. (NSDL), and Central Depository Services Ltd. (CDSL). With a sharp focus on market insights, Adroit Financial combines expertise in proprietary trading and technology to provide comprehensive financial solutions that drive growth and stability for its clients.

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Air Maniax

Air Maniax, headquartered in Dubai, is one of the UAE’s leading indoor inflatable adventure park specializing in family-friendly sports and recreational activities. It offers a wide range of entertainment options designed to promote physical activities for children, families, and groups. Some of the key features of Air Maniax includes Indoor Inflatable Park, Warrior Assault Course, Zip Zag, Trampolines etc. In addition to being a popular spot for individual fun, Air Maniax caters to group events like birthday parties, school trips, and corporate team-building exercises. It also has a dedicated toddler zone, a café for refreshments, and regular holiday camps for children. Recognizing the growing demand for unique leisure activities in India, the company aims to bring its innovative adventure parks to major cities across the country.

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Class24

Class24 is a hybrid learning platform which provides online & offline learning solutions to K12, competitive exams/test preparation and skill development aspirants. The company aims to endow students and job seekers with a common platform to study so that they may get prepared for various competitive exams. It also offers a wide range of high-quality programs designed to cater to the unique learning needs of students. Its courses are structured to provide subject-wise and exam-wise preparation, ensuring comprehensive coverage of all relevant topics. To make the learning experience engaging and interactive, Class24’s courses feature a variety of learning modes, including video lessons and interactive quizzes.

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Credable

CredAble

CredAble has built India’s largest tech infrastructure, enabling working capital for all supply chain participants, ranging from large enterprises to mid and emerging corporates, MSMEs and financial institutions. The company leverages its trade finance expertise, partnerships with capital providers, big data analytics, and award-winning AI-powered platform to provide comprehensive working capital and SaaS financing solutions. In a single financial year, CredAble enabled more than USD 3 billion in working capital. Recognised as a Top SCM Software Tech Start-up by Tracxn, CredAble was also awarded at the NASSCOM Emerge 50 Awards 2020 under the FinTech and Deep Tech categories.

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EdTerra Edventures

EdTerra Edventures

A pioneer in Indian experiential and educational learning, EdTerra Edventures prioritises the learning opportunity of every school trip. The novel concept has augmented standard travel products with the help of new-age media and knowledge kits. EdTerra aspires to ensure that every educational trip is 100% result oriented by keeping demonstrable learning at the forefront of each excursion.

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Foodlink

Founded in 2003, Foodlink brings luxury culinary experiences to people across India, Dubai and Europe. A truly unique enterprise in the hospitality sector, the company offers bespoke dining experiences that keep international standards and best practices in mind. Consistently striving to achieve new heights, Foodlink evolves its offerings to delight customers while practising socially sound and environmentally conscious behaviour.

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Happiest Minds Logo

Happiest Minds

Happiest Minds enables digital transformation across industries such as automotive, BFSI, consumer packaged goods, e-commerce, engineering R&D, manufacturing, retail, hospitality etc. It leverages spectrum of disruptive technologies such as AI, Blockchain, Analytics Cloud, IoT, Robotics/Drones, AR/VR etc to drive business efficiency and deliver seamless customer experiences. Positioned as ‘Born Digital. Born Agile’, their capabilities span digital solutions, infrastructure, product engineering and security. Company is headquartered in Bangalore with operations in the U.S., UK, Canada, Australia, and Middle East.

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Harsha Engineers Logo

Harsha Engineers

Harsha Engineers International Limited is the largest manufacturer of precision bearing cages in organized sector in India in terms of capacity and operations. It manufactures brass, steel, and polyamide cages and stamped components with production facilities located in India, China and Romania. It is a technology driven company with a strong focus on research and development, which can develop products suited to the customers’ requirements.

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inventys

Inventys

Driven by research, INVENTYS is a custom chemicals manufacturer in India. The company is known for its consistent demonstrated excellence in process development and scale-up, engineering design, and manufacturing speciality chemicals for crop protection, healthcare, electronics, and other applications. Certified by WHO GMP, ISO 9001, ISO 14001, and OHSAS 18001, most of INVENTYS’ clients are based in advanced markets including West Europe, America and Japan. With a focus on backward integration and advanced technologies, the company plays a vital role in multiple global supply chains. A true Titan of India, INVENTYS has earned its title as one of the Most Promising Chemical Companies in India.

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Nazara Technologies

Nazara Technologies

A leading diversified gaming and sports media platform, Nazara™ has presence in Africa, North America, and India. Their offerings span interactive gaming, eSports, ad-tech and gamified early learning ecosystems. They’re best known for their World Cricket Championship mobile game, PublishMe and Sportskeeda in eSports and eSports media, and Datawrkz in digital ad tech.

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NewsCapital Gujarat

NewsCapital Gujarat, under NC360 Broadcast Pvt Ltd, is a prominent name in the News media space of Gujarat. NewsCapital combines the traditional values of ethical journalism with the modern reporting formats of digital age. With innovative features like Live Open Studio and VR studios with AI anchors, it sets new standards in presentation of News content to the Gujarati diaspora spread across the world. It has a platform through which Informative content is also shared through its Digital media assets such as dynamic website, NC SHOTS - a Quick News mobile app, and News Capital OTT app - a video content delivering platform. NewsCapital Gujarat Channel content is available through leading MSOs like Tata Play, GTPL, DEN amongst others and it is also available through platforms like Jio TV, Daily Hunt, Zenga TV, Roku etc. NewsCapital Gujarat commands a robust audience engagement on Social Media platforms with a cumulative reach of 10 million views over past 6 months.

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Orbis

Orbis Financial

Orbis Financial is India's only private and independent SEBI-registered custody service provider. The company started with custodian services but has since grown to offer RTA and Trustee services as well. Offering comprehensive solutions under one roof, Orbis Financial relies on its best-in-class technology and speedy execution to serve the company’s marquee clientele.

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paisabuddy

PaisaBuddy

A Non-Banking Financial Company (NBFC), PaisaBuddy offers customised financing and loan solutions to individuals and businesses including small and medium enterprises. The company relies on analytics and state-of-the-art technology tools to provide customers with flexible and innovative offerings that boost satisfaction. Prioritising quick loan approvals, PaisaBuddy works to make financing easily available to those in need.

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Provogue India Limited

Provogue is the lifestyle brand which offers wide range of categories such as Apparel, Luggage & backpacks, Footwear and Accessories (wallet, belt & watches). With a legacy of excellence, Provogue has been redefining style for the modern man since its inception. Provogue embodies a perfect blend of classic elegance and cutting-edge trends, empowering every gentleman to make a bold statement. The Company has a registered office in Andheri, Mumbai.

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RateGain

RateGain Travel Technologies Limited is a global provider of SaaS solutions for travel and hospitality industry. It works with 2800+ customers and 700+ partners in 100+ countries helping them accelerate revenue generation through acquisition, retention, and wallet share expansion. RateGain is one of the world’s largest processors of electronic transactions, price points, and travel intent data helping revenue management, distribution and marketing. The firm offers services across different verticals like hotels, airlines, online travel agents, meta-search companies, package providers, car rentals, cruises, and ferries.

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Silver Consumer Electricals Private Limited

Silver Consumer is a Rajkot based company which is into the manufacturing of all types of water pumps and consumer electrical products. It has well equipped infrastructure spread across 30+ acres of area with a production capacity of 10 Lakh+ pumps per year. It has established itself as a distinguished manufacturer of Premium quality, efficient and long- lasting pumps & motors for more than 40 years. Now, the Company’s strategy is to leverage inhouse expertise along with world class technology to provide affordable and innovative consumer electrical products.

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Wellness Forever

Headquartered in Mumbai, Wellness Forever has been founded by three well-known entrepreneurs with a collective experience of over 100 years of operating profitable pharmacies. The company currently operates a chain of over 350 plus pharmacy and lifestyle stores operating day and night across 4 states - Maharashtra, Goa, Karnataka and Madhya Pradesh. Wellness Forever aims to create India’s most respected chain of branded lifestyle pharmacies and wellness stores which will deliver customers unmatched performance in lowering healthcare costs, ensuring the availability of products and healthcare information, and continuing to offer value add services to patients.

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*The above holdings represent holdings of Plutus and/or its associates.

Atul Gosavi

Assistant Vice President - Investments

Atul has over 5 years of work experience across business development, category management, management consulting and digital commerce. In his last role, He had worked with E&Y India as a senior business consultant in Consumer products & retail industry.

Atul has completed his MBA in Marketing from Jamnalal Bajaj Institute of Management Studies (JBIMS), Mumbai after pursuing his B.Tech from COEP Technological University, Pune.

Vivek Toshniwal

Chief Executive Officer

Vivek has over 15 years of holistic equity capital market experience. Prior to joining Plutus, he was the Executive Director and Co-Head of Equity Capital Markets – Investment Banking, at Axis Capital Limited, where he successfully led and executed over 100+ capital market transactions including some of India’s most marquee deals. Under Vivek’s leadership, the equity capital market business of Axis Capital won various global awards and recognition.

Prior to joining Axis Capital in 2011, he worked with the Securities and Exchange Board of India (SEBI).

He is currently a member of the examination committee of NISM for Merchant Banking Certification.

He has a Post Graduate Diploma in Management (MBA) from Xavier Institute of Management, Bhubaneswar and is a Chartered Accountant.

Shivangi Bhatia

Vice President - Investments

Before joining Plutus in March 2021, Shivangi held credit underwriting roles in various banks and NBFCs. She has worked in the field of finance for over eight years. Previously, she was a credit underwriting manager at ICICI Bank.

Shivangi is a CA affiliated with the Institute of Chartered Accountants of India and a CFA Charterholder from the CFA Institute, USA.

Ravish Mehta

Vice President - Investments

Ravish has a decade of experience in credit rating, corporate finance, and investment banking. Before joining Plutus in May 2022, he was a Senior Rating Analyst with ICRA Ltd, a Moody’s Investor Services Company, where he rated and monitored portfolio debt worth over INR 450 billion across diverse industries. He has co-authored various period research publications in ICRA and previously worked in a boutique investment banking firm that exposed him to Indian capital markets. He’s also been part of the corporate finance team at Adani Power Ltd and Dishman Carbogen Amcis Ltd.

Ravish completed his Bachelor in Commerce from Gujarat University and is a Chartered Account who secured the 40 th All-India rank in CA Final. He is also a CFA Level 3 candidate.

Ashish Agarwal

Principal – Investments

Ashish has worked in the equity investments space for the last decade and a half. Over that time, he’s held several positions in private equity and venture capital funds and investment bank. His diverse past provides him with full-cycle experience, from sourcing, managing to exiting equity investments across multiple sectors in the country. At Plutus, he works on exploring white spaces , evaluating and concluding investments in equities across spectrum, monitoring the portfolio, overseeing the diligence and legal documentation, etc.

Ashish completed his MBA with a focus on Finance from the Narsee Monjee Institute of Management Science in Mumbai after pursuing his Bachelor of Commerce with honours from the Shri Ram College of Commerce, Delhi. A noir and neo-noir aficionado, he firmly believes in the Law of Karma and in acting with compassion.

Vivek Chopra

Executive Director – Investments

Vivek has held numerous industry CXO and consulting roles over the last 15 years. In these key positions, he has played an instrumental role in multiple large-scale business transformation journeys, some of which culminated in strategic exits. Before joining Plutus, Vivek served as the CEO of Phab, a brand focused on creating affordable health snacks, and the COO of Havmor Ice Cream Limited. While consulting with Accenture Strategy, he worked with CXOs in the consumer goods and automotive industries, helping them chalk out and implement strategic initiatives for sustainable growth and profitability.

Vivek’s ability to juggle between long-term strategic requirements and last-level operational complications makes him ideally suited to guide our portfolio companies as they scale up. After completing a Bachelor of Arts with Honours in Economics from Shri Ram College of Commerce, Delhi, he completed his PGDM from IIM – Indore.

Nikhil Godika

Executive Director – Investments

A qualified Chartered Accountant, Nikhil has held several roles and consulted companies across diverse industries. Before joining Plutus, he functioned as the CFO of Jaipur-based MRS Group, a diversified business group with interests in hospitality, real estate, infrastructure and more. As part of his responsibilities, he played a crucial role in group restructuring, value creation, negotiations, and analysing new opportunities. Previously, he was a part of the PwC M&A Tax practice for over half a decade, advising clients on transactions, financial restructurings, and divestitures from a tax and regulatory perspective.

Arpit Khandelwal

Managing Partner

Arpit, Managing Partner and co-founder of Plutus Wealth Management LLP, is based out of Dubai. He has been an active and passionate investor in Indian market since his college days in Delhi.

After a brief stint in the Indian market, he moved to London and completed his Masters in Financial Markets and Derivatives, from the coveted London Metropolitan University.

Arpit has invested in multiple private and public companies in India and globally. Some of his notable investments include Nazara Technologies, Credable, Inventys and RateGain.

Arpit strongly believes in practicing empathetic leadership by maintaining a real connection within the workplace. He works towards developing strategic and dynamic leaders and considers it imperative to foster organizational growth.

Ramesh K. Siyani

Partner and Strategic Advisor

A lawyer by profession, Ramesh has over three decades of experience providing legal advice in complicated land disputes. His passion for problem-solving and unique approach to business sparked his interest in the securities market, commodities and real estate.


In his role as partner, he relies on his strategic leadership skills and sharp business acumen to manage our operations across cities. Ramesh also provides a strategic angle to our decision-making framework.


An ethical leader, Ramesh believes in holistic decision-making. He communicates effectively and relies on his strong problem-solving skills to widen Plutus’ organisational horizons.