Smiti Holding & Trading Co.

Smiti Holding & Trading Co.

Smiti Holding & Trading Co. was incorporated under the Companies Act 1956 by Jalaj Dani. It functions as a Non-Banking Finance Company classified as a Core Investment Company – Non-Deposit Taking – Systemically Important. The entity sits within the promoter group of Asian Paints Limited, India's largest paint manufacturer. The firm executes direct co-investments and private equity transactions in early-stage and growth companies. Confirmed sector exposure includes Supply Chain & Logistics, ClimateTech, Energy Transition & Renewables, Industrial Tech, InsurTech, FinTech, EdTech and Digital Health. Geographic reach covers Asia, Europe and North America. Group subsidiaries include Hydra Trading Private Limited, Upnishad Holdings Private Limited and Smitiva Holding And Investments Private Limited. Board members include Vita Jalaj Dani, who also serves as co-owner of Chennaiyin FC and chairs 11SPORTS. Gokul Manjeshwar, former Financial Controller at Asian Paints, and Hiren Gandhi provide operational oversight. The firm maintains no disclosed philanthropic arm separate from family activities such as the Combat Blindness Foundation. Smiti Holding remains a regulated holding company with no commercial lending or deposit-taking activities. Its structure channels family capital into strategic stakes while complying with RBI Middle Layer requirements.