Celvam Capital

Celvam Capital

Celvam Capital was founded in 2016 by the three Lebara Mobile co-founders. The office manages the capital generated by the telecoms sale and operates as a single-family office focused on wealth preservation and growth. The firm deploys capital through direct co-investments, SPVs, fund-of-funds commitments and distressed situations. Asset classes include private equity, private credit, natural resources and real estate. Confirmed holdings encompass Argyll Club with 38 London locations, RBL Hotels Private Limited in Chennai, LBR Strathmore Hotel in the United Kingdom and renewable energy projects in India. Activity spans Europe and Asia with exposure to early-stage through pre-IPO opportunities. The office maintains a compact team that includes Head of Real Assets Sath Sabendran and Director John Drover, former CEO of London Executive Offices. Adjacent vehicles include the Lebara Foundation. No operational events from the last 24 months appear in available records. Ownership remains with the founding principals without external limited partners or public fund vehicles. This structure allows direct control over allocation decisions and long-term holding periods across the listed real-asset and technology positions.