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RAAY Global Investments
RAAY Global was established in 2002 by Amit Patni after the Patni family built and then sold its controlling interest in Patni Computer Systems.
RAAY Global Investments
RAAY Global was established in 2002 by Amit Patni after the Patni family built and then sold its controlling interest in Patni Computer Systems. The firm operates exclusively for the Patni family and its affiliates from offices in Mumbai’s Bandra Kurla Complex. The office allocates across public equities, venture capital, real estate and hedge-fund strategies. Confirmed positions include Bombay Shirt Company, Wellness Forever, InCred, OYO and Bombay Shaving Company. Investments span early-stage seed rounds through growth equity and are executed via direct SPVs, fund commitments and co-investments. Activity remains concentrated in India with additional exposure to other Asian markets. The team numbers more than a dozen professionals including CIO Benaifer Malandkar and equity manager Akash Singhania. Additional vehicles linked to the family include the Patni Family Foundation and Raay Foundation. No material operational events have been recorded in the last 24 months. RAAY Global maintains a hybrid structure that combines internal portfolio management with external manager relationships and club memberships such as YPO Mumbai and the Indian arm of Campden Club, allowing the family to source both proprietary direct deals and curated fund access while retaining full control over capital allocation and succession planning.
General information
Firm type
Single Family Office
Year founded
2002
Location
Region
Asia
Country
India
City
Mumbai
Corporate office
The Capital, A-Wing, Unit No. 1106, BKC, Bandra East, Mumbai – 400051, India
Principals
Amit Patni
Founder & Director
Benaifer Malandkar
CIO
Dharmendra Desai
Family Office accounts and taxation
Akash Singhania
Senior Fund Manager – Equity
Sector focus
Frequently asked questions
Who runs investment decisions at RAAY Global?
Amit Patni serves as Founder & Director. Benaifer Malandkar acts as CIO with responsibility for identification, execution and monitoring across asset classes (firm website).
How does RAAY Global source proprietary deal flow?
The firm leverages its network of distribution partners, angel investors and entrepreneurs plus memberships in YPO Mumbai and Campden Club to access opportunities (firm website).
Is RAAY Global structured as a single family office or does it operate more like a venture firm?
RAAY Global functions strictly as the single-family office for the Amit Patni Group and does not raise external capital or manage third-party funds (firm website).
Does RAAY Global participate in fund commitments or only direct deals?
The office uses both direct co-investments and SPVs as well as commitments to venture funds and hedge funds (Altss research record).
What investment stages does RAAY Global typically target?
The firm targets seed, early-stage and growth equity rounds alongside public-market and real-estate allocations (Altss research record).
Where does the underlying wealth come from?
The fortune originated from the May 2011 sale of the promoter family stake in Patni Computer Systems to iGate Corporation for $1.5 billion (firm website).
Does RAAY Global maintain philanthropic structures, and how are they separated?
The family operates the Patni Family Foundation Inc and Raay Foundation as separate philanthropic vehicles (Altss research 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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