Samara Capital

Samara Capital is pleased to announce the proposed strategic acquisition of Del Monte Foods Private Limited by our portfolio company Agro Tech Foods Limited (ATFL). This is in line with Samara’s intent to build businesses with durable competitive advantage and drive profitable scaleup in its companies, through both organic and inorganic routes. This transaction adds an established portfolio of food products under ATFL’s umbrella, marking a significant step forward in ATFL’s expansion plans. The choice of Bharti Enterprises and Del Monte Philippines to continue as shareholders through a share swap also reinforces the trust placed multiple times by large Indian and International business groups in Samara’s ability to drive value creation for all shareholders.

Another significant achievement for our portfolio company, Sahajanand Medical Technologies (SMT). SMT continues to set new standards in medical device research & development, as well as in manufacturing.

Samara Capital takes immense pride in building Marengo Asia Hospitals , a multi-specialty hospital chain with a differentiated approach, which includes:   1. Creating centers of excellence across medical specialties – Among many clinical accomplishments, it includes Asia's first bloodless heart transplant. 2. "Patient First" philosophy – An organization-wide approach focused on delivering clinical excellence, cost-effectiveness, and convenience to patients using technology and empathy. 3. Medical Value Travel – A unique approach to attract international patients to Marengo Asia hospitals in India, including collaborations with the governments of Mongolia and Uzbekistan.  4. M&A and Integration capabilities – A highly experienced leadership team drives M&A efforts and has created SOPs for smooth integration, making the hospital chain highly scalable.   This healthcare platform is being led by Abhishek Kabra, Managing Director who specializes in the healthcare sector, along with few other sectors. Some of his previous deals in the sector include AIG Hospitals, Lotus Surgicals, and Sahajanand Medical Technologies.   The leadership team at Marengo Asia is headed by our Entrepreneur-in-Residence and MD & CEO of the platform, Dr Raajiv Singhal.     An article in today’s ET on Marengo Asia delves into this journey.

Samara Capital incorporated and majority owned platform, Edme Services Private Limited “EDME” has concluded the acquisition of 100% shareholding in ABC - Aditya Birla Insurance Brokers (ABIBL). This acquisition marks a significant milestone in Edme’s journey to be recognized as a major player in the Indian insurance and reinsurance broking industry. The platform will be led by Sanjay Radhakrishnan. As part of the transaction, Samara also got on board co-investors Norwest Venture Partners and Creador who together own significant minority stake in the Company.   EDME is an outcome of deep research done by Samara in the attractive, fast-growing yet underpenetrated insurance broking space in India. The growth in the underlying general insurance sector, combined with an increasing role played by brokers makes it an interesting asset light play in the insurance value chain. With a focus on innovation and a customer first approach, Edme has a vision to be the most well respected and customer oriented insurance broking platform in India.   Manish Mehta, the co-CIO of Samara Capital, added, “We are thrilled to carry on further building on this wonderful platform created by the Aditya Birla Group and the great team at ABIBL. By investing behind our people and technology, we aspire to be insightful and valuable partners in the insurance ecosystem and serve to further increase the penetration of risk management solutions and products. We thank our valuable customers, underwriting partners and channel associates for their continued faith in us. We assure them that we will continue to serve their best interest with renewed vigour, better access through scale and technology and above all a humble yet steely resolve to make a difference.” Sumeet Narang Manish Mehta Nilay Pratik Snehal Singhania | Sanjay Radhakrishnan | Niren Shah Nikhil Kookada | Kabir Thakur Nilay Swadia https://lnkd.in/gQQMgSGz

*Scam Alert* We are seeing an increase in scams and impersonations. Please be advised that Samara Capital Group, its affiliate entities and employees (including Vikram Agarwal) have no association with the fraudulent WhatsApp groups (Samara VIP Members; Samara Institutional Strategy) and application (SamaraPro) and have not represented or induced any person to contribute funds to stock market / investment products through any social media platforms / applications. Please exercise care and diligence when dealing with parties purporting to represent or be associated with Samara Capital Group.