Raaga Holdings

Raaga Holdings

Founded by Ronil Sujan and Reshma Lalvani Sujan, Raaga Holdings functions as an independent strategic advisor and investment manager in Singapore. Ronil Sujan previously served as Managing Director and Head of Investment Banking Asia-Pacific at Rabobank International, and co-founded Rabobank’s India entry vehicle. Reshma Sujan held board and whole-time director roles at Ador Welding Ltd and J.B. Advani & Co, a century-old private holding company. The firm’s advisory work spans board governance, India entry strategy, M&A, and cross-border capital structuring. Raaga deploys capital across venture capital, private equity, real estate, and thematic public-market strategies. Its venture focus targets early-stage through growth-stage companies, with a stated emphasis on technology disrupting Financials, E-Commerce, Education, Healthcare, Consumer, and Real Estate. The portfolio includes DrumG Technologies, Greyloft, Telr, Omnivore, and Pegaxis. The firm completed secondary sales for DrumG and Greyloft, a merger for Onevest, and an asset sale for real estate brokerage Greyloft. Real estate investments span Singapore, the UK, and India, while public-markets exposure runs through the Saxo Markets platform and select external managers. Raaga operates from Singapore and draws on a co-founder team with decades of operating experience across Asia and India. Ronil Sujan holds an MBA from Texas A&M University and completed the Stanford Executive Program; he serves as an Independent Director at Mongolia’s Golomt Bank and Singapore’s Shahani Group. Reshma Sujan maintains board seats on offshore Edelweiss funds. The firm is a member of the Asian Venture Philanthropy Network, and Ronil Sujan has served as Entrepreneur-in-Residence at INSEAD and on the board of the Rotary Club of Singapore. In June 2022, he chaired the Marcus Evans Family Office Summit in Singapore, confirming the firm’s active convening role in the family-office circuit. Raaga’s structural edge comes from running an in-house strategic advisory practice, a direct-investing book, and a family-office services arm simultaneously. The firm sources proprietary venture and real estate deals through the same networks it uses to advise external family offices — creating a pipeline that feeds both its own balance sheet and its clients’ portfolios without operating as a traditional fund manager. This tripartite model allows it to earn advisory fees, carry, and investment returns while maintaining a selective, due-diligence-heavy posture that avoids open-ended fund structures.