# New Silk Route

New Silk Route is an Asset Manager based in New York, India.

## Overview

- **Organization type:** Asset Manager
- **Headquarters:** New York, India
- **Region:** Asia
- **Address:** Mumbai, India
- **Founded:** 2006
- **Assets under management:** Undisclosed (firm raised roughly $1.4B across two vintage funds per public record)
- **Website:** nsrpartners.com

## Regulatory record

- **CRD number:** 161339
- **SEC file number:** 801-74149
- **Registration status:** Registered
- **Reports private funds:** Yes
- **IAPD record:** https://adviserinfo.sec.gov/firm/summary/161339

## About

NEW SILK ROUTE is an SEC-registered investment adviser in NEW YORK, NY, registered since 2012. The firm manages approximately $532 million in regulatory assets. It has 5 employees and 3 investment advisers.

## Sectors

- Private Equity
- Infrastructure
- Consumer
- Financial Services
- Healthcare
- Media & Entertainment

## Offices

- New York, NY, United States
- Dubai, United Arab Emirates
- Mauritius

## People

- Parag Saxena — Co-Founder & General Partner
- Rajeev Gupta — Co-Founder & General Partner
- Vikram Gandhi — Co-Founder

## Questions

### Who runs investment decisions at New Silk Route?

Co-founders Parag Saxena and Rajeev Gupta have historically led investment decisions out of the firm's Mumbai and New York offices. Saxena brought growth-equity and venture experience from Invesco and Vedanta; Gupta joined after a career at Carlyle Asia. After the departure of co-founder Vikram Gandhi in 2011, the remaining partners oversaw the firm's reduced active deployment.

### What happened to New Silk Route's second fund?

The firm announced plans to raise a second fund targeting $350 million for India and Southeast Asia investments, but no final institutional close was widely reported. By 2019, public disclosures showed the firm managing legacy assets from its first vehicle but not actively pursuing new platform deals at scale.

### How is New Silk Route's relationship with Coffee Day Enterprises?

New Silk Route was a significant backer of Coffee Day Enterprises, the parent of the Café Coffee Day chain in India. A 2013 public dispute occurred when the firm sought to enforce its rights against the company's promoters over a repayment default on a loan by KKR and other lenders, revealing the complexity of co-investing alongside operating families.

### What investment stages does New Silk Route typically target?

New Silk Route historically pursued growth-equity, late-stage venture, and infrastructure investments, writing checks from $20 million up to $100 million. The firm favored minority positions in consumer, healthcare, and financial-services businesses with proven unit economics, occasionally participating in buyouts alongside sovereign wealth funds and Asian conglomerates.

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- [Brevan Howard Hong Kong](https://altss.com/profile/brevan-howard-hong-kong-limited)
- [Qubera Wealth Management](https://altss.com/profile/qubera-wealth-management)

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Last updated: 2026-06-03T20:00:00.000Z

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