o3 Capital

The management team — Shiraz Bugwadia, Deepesh Garg and Srinivas Tekal — personally manages each transaction from start to finish, according to the firm. Investment decisions inside the alternate asset management arm are overseen by senior bankers with specific sector experience, though the firm does not publicly name a separate investment committee for the principal-investing side.

o3 Capital's advisory-side mandates serving high-growth startups, established market leaders and private equity houses generate a pipeline of investment opportunities that the alternate-asset arm can evaluate. The firm leverages its network across the Indian corporate ecosystem, with additional visibility into Dubai and New York, to access off-market mid-market transactions.

The firm's alternate-asset management arm focuses on direct investments into early-stage and growth-stage companies. o3 Capital does not disclose any fund-of-funds or third-party fund-commitment programs, and has not publicly launched a blind-pool fund vehicle.

o3 Capital does not publicly list excluded sectors. Its core coverage areas — enterprise software, financial technology, digital health and industrial technology — suggest the firm avoids regulated infrastructure, heavy-cyclical commodities and sectors where mid-market M&A depth in India is thin.

The firm separates its corporate-finance advisory practice from its alternate-asset management arm internally, though it does not publish a formal conflicts-resolution policy. The advisory board — Ashish Gupta, Om Manchanda and Kamal K. Sharma — provides oversight, but the firm has not disclosed whether it maintains independent director-level governance for principal investments.