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Nalanda Capital
Nalanda Capital is a Singapore-based single-family office founded by Vik Pershad in 2007, managing over $3B in concentrated Indian public equities.
Nalanda Capital
Vik Pershad established Nalanda Capital in 2007 after a decade at Morgan Stanley and as a partner at Olympus Capital. The wealth originates from Pershad's investment career, not inherited family fortune. The firm is registered in Singapore as a family office managing the Pershad family's capital. Nalanda invests exclusively in Indian public equities, targeting mid-cap companies with strong management and predictable cash flows. Key sectors include enterprise software, fintech, industrial technology, and consumer tech. Portfolio companies include Multi Commodity Exchange of India, Eris Lifesciences, and JB Chemicals & Pharmaceuticals. The firm takes concentrated positions, typically 10–15 holdings, and engages actively with management teams. It avoids sectors like real estate and commodities. Aum is estimated between $1B–$5B based on deployment track record and public filings. The firm operates from a single office in Singapore with a lean team structure under Pershad. Nalanda is structured as a single-family office, with no external LPs, and does not manage capital for third parties. Nalanda's structural differentiator is its exclusive focus on Indian public equities combined with active governance engagement. Unlike many family offices that diversify globally or into private markets, Nalanda maintains a concentrated, long-only, long-duration approach in a single country. This reflects Pershad's conviction that India offers asymmetric long-term returns.
General information
Firm type
Single Family Office
Year founded
2007
AUM
$1B–$5B (Altss estimate)
Location
Region
Asia
Country
Singapore
City
Singapore
Corporate office
Singapore, Singapore
Principals
Vik Pershad
Founder & Managing Partner
Sector focus
Frequently asked questions
Who runs investment decisions at Nalanda Capital?
Vik Pershad, founder and managing partner, runs all investment decisions. He previously worked at Morgan Stanley and Olympus Capital before founding Nalanda in 2007 (per public record).
What is Nalanda Capital's investment focus?
Nalanda invests exclusively in Indian public equities, targeting mid-cap companies with strong management, high returns on capital, and predictable cash flows. It takes concentrated positions and holds for long periods, often 5–7 years.
How does Nalanda Capital source deals?
Nalanda sources deals through public markets and proprietary research. Vik Pershad and his team identify undervalued Indian companies through fundamental analysis and engage directly with management, often taking board seats.
Is Nalanda Capital a single-family office or does it manage external capital?
Nalanda is structured as a single-family office and does not manage capital for third parties. It is registered in Singapore and manages the Pershad family's wealth exclusively.
What is Nalanda Capital's known posture on co-investments?
As a single-family office, Nalanda does not raise external capital for co-investments. It deploys the Pershad family's capital directly into public equities.
What investment stages does Nalanda Capital target?
Nalanda targets publicly listed mid-cap Indian companies, typically with market caps between $500M and $5B. It does not invest in startups or private companies.
Where does the underlying wealth come from?
The wealth originates from Vik Pershad's career in investment banking and private equity. He has not disclosed additional wealth sources outside his own earnings (per public record).
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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