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Seize the Day — Emerging SME Leaders in India's Consumption Economy
Carpediem Capital Partners Fund I (IN/AIF2/14-15/0125) is a SEBI-registered Category II Alternative Investment Fund registered in November 2014, managed by Carpediem Advisors Private Limited — the investment management entity of Carpediem Capital, a leading mid-market Indian private equity firm focused on the India consumption and services opportunity. Founded in 2015 by Abhishek Sharman (former Principal at India Equity Partners) and Hithendra Ramachandran, and chaired by Arvind Nair (former MD of Domino's Pizza India), Carpediem is often the first or only institutional investor in its portfolio companies — making control or significant minority investments of USD 2–5 million in fast-growing SME consumer and services businesses. Fund I had a target corpus of USD 50 million, investing in sectors including consumer brands, consumer services, healthcare, fintech, and managed services. Notable Fund I portfolio companies include Flipspaces (commercial design-and-build, 9x MOIC / 40% IRR exit in August 2025), Yaantra/Gadgetwood (refurbished electronics), and Sindhuja Microcredit. The fund is registered at 507A, The Aralias, DLF Golf Links, Phase 5, Gurgaon — the founding team's residential address.
Carpediem Capital follows a bottom-up investment approach with a thesis of backing emerging SME leaders in India's consumption and services economy across two broad themes: companies creating consumer brands, and companies organizing services that have historically been fragmented and informal. The firm targets control or significant minority transactions under USD 10 million — an underserved segment with few dedicated PE funds. As often the first or largest institutional investor, Carpediem actively partners with entrepreneurs to co-build companies through board participation, operational and strategic guidance, governance enhancement, and executive talent development. The investment team combines financial, operating, and entrepreneurial expertise to accelerate portfolio companies' growth trajectories and generate superior risk-adjusted returns.
Arvind Nair
FMChairman of the Investment Manager
Arvind Nair is Chairman of Carpediem Advisors Private Limited, with over 40 years of operating and private equity experience across retail and consumer products companies. He was Managing Director of Domino's Pizza India (where he introduced the 30-minute delivery guarantee), global CEO of Jumbo Electronics Dubai, and Managing Director of DLF Retail, where he led mall development and launched DLF Emporio.
Abhishek Sharman
Founder & Managing Director
Abhishek Sharman is the Founder and Managing Director of Carpediem Capital. He has 17+ years of private equity experience in India. He was previously Principal at India Equity Partners (IEP), an India-focused PE fund with ~USD 350 million AUM, where he worked across healthcare, education, consumer services, and financial services and served on the boards of Quess Corp, IL&FS Education, Sagar Ratna Restaurants, RG Stone Hospitals, and Axiss Dental. Prior to IEP, he was an investment professional at SUN Group (USD 2 billion emerging markets PE). He sits on the boards of Fund I portfolio companies including Yaantra and Sindhuja Microcredit.
Hithendra Ramachandran
Co-Founder & Managing Director
Hithendra Ramachandran is co-founder and Managing Director of Carpediem, with over 20 years of operating and entrepreneurial experience in managed services. He was a founding member of IKYA Human Capital Solutions (now Quess Corp, India's largest HR services company) and PeopleOne Consulting (sold to Adecco). He completed an executive management programme at IMD Lausanne. He is the SEBI-registered contact person for Yugadi Capital India.
Pratik Mantri
Finance Controller
Pratik Mantri serves as Finance Controller at Carpediem Capital. He is also the SEBI-registered email contact (pratik@carpediem-capital.com) for the Yugadi Capital India AIF.
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