Kedaara
Portfolio

Portfolio - Kedaara Capital Fund II LLP
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  • Lenskart
  • Lenskart
    India’s fastest growing eyewear company and largest eyewear company online
    Investment: 2019

    Founded in 2011 by first-generation entrepreneur, Peyush Bansal, Lenskart is the market leader in eyewear category in India. Lenskart has a pan-India presence through its footprint of over 550 franchisee managed stores spread across 115 cities and towns across all major states in India. Adopting a unique omni-channel approach combining the offline exclusive brand outlets with online website and app, Lenskart sells eyewear products predominantly under its brands – Vincent Chase and John Jacobs. Lenskart has made significant investments in technology to collect and harvest data across its multiple channels which enable an integrated customer experience, efficient retail expansion and management, and faster response time through AI led merchandizing and real-time feedback.
    www.lenskart.com

  • Ajax
  • Ajax
    India's leading concrete equipment manufacturer
    Investment: 2019

    Ajax is a concrete equipment manufacturer supplying products to contractors executing infrastructure and other construction projects. Its offering includes the complete suite of concreting equipment including Self Loading Concrete Mixers (SLCM), Batching Plants, Transit Mixers, Boom Pumps and Slip Form Pavers. It is the undisputed leader in the domestic SLCM market and enjoys a ~ 85% share. It has developed the ability to identify underserved niches within the construction equipment market, and design cost-effective and efficient equipment suiting Indian market conditions and end applications. Ajax has a robust, asset-light business model and has built a pan-India network of ~30 dealers and over 600 sales and service engineers; this ensures best-in-class response times for any maintenance/ service requirements which acts as a key differentiator in the space.
    www.ajax-engg.com/index.html

  • Vishal Mega Mart
  • Vishal Mega Mart
    One of India’s largest value focused wholesalers
    Investment: 2018

    Vishal Mega Mart Private Limited (VMMPL) is the franchisor of the “Vishal Mega Mart” brand and a wholesale supplier to a network of over 250 hypermarket stores operated by a network of franchisees across India. The Company is present in ~170 cities and towns across 29 states in India, with a dominant footprint in the North and the East and a growing presence in West and South India. The Company believes in “Making Aspirations Affordable” and targets the value-focused lower to middle income customer segment which constitutes a majority of India’s households. A majority of VMM-branded franchised hypermarkets are in small towns that have a population of less than 1 million inhabitants, where they serve as a destination for making aspirations affordable across fashion and household shopping categories. VMMPL combines a private label, fast-fashion apparel offering with a variety of general merchandise and food & grocery products.
    www.myvishal.com

  • Sunbeam Auto
  • Sunbeam Auto
    Rapidly growing manufacturer of automotive components
    Investment: 2018

    Sunbeam Auto (Sunbeam) is a leading auto component company supplying precision cast, machined, and painted aluminium parts to OEMs and tier 1 suppliers. Established in 1986, the company enjoys a dominant wallet share with the largest two and four wheeler OEMs in India, along with a significant and rapidly growing exports business. The company has 3 manufacturing plants across north India with a fourth under construction in western India. The company has successfully leveraged its engineering and manufacturing capabilities to grow its exports presence as well as benefit from localization programs in Indian OEMs.
    www.sunbeamauto.com