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Investments in securities markets are subject to market risks. Read all the related documents carefully before investing. Past performance is not indicative of future returns.
Disclaimer
Past performance is not indicative of future returns. All returns are TWRR based. Investments in securities markets are subject to market risks. Read all the related documents carefully before investing.
Investments in securities markets are subject to market risks. Read all the related documents carefully before investing. Past performance is not indicative of future returns.
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Read Nine Rivers Capital’s story and investment philosophy on the firm page.
View Nine Rivers Capital
Pragati Khadse
FMSenior Portfolio Manager
Pragati has over 20 years of public market experience in equity research across India and Asia. She has worked at SBI Mutual Fund, IIFL, Citi and JP Morgan Chase. She holds an MBA in Finance from IIM Calcutta and is an engineering graduate from Amravati University.

Kunal Sabnis
FMPortfolio Manager
Kunal has over 15 years of financial markets experience with deep buy-side exposure. He previously worked with VEC Investments and ARCIL. He is a CFA Charterholder and holds an MBA in Finance from Mumbai University.

Sandeep Daga
Founder, MD & CIO (Principal Officer)
Sandeep provides strategic leadership to the group and actively manages the Asset Management business as its MD & CIO. He has over three decades of experience across public and private equity investing and corporate finance. Prior to founding Nine Rivers Capital, he was a Partner at Frontline Ventures and earlier headed B2B investments at ICICI Ventures. He has served on the boards of multiple high-growth companies. He holds an MBA in Finance from NMIMS and is an Electronics Engineer from Amravati University.

Sandhya Kabra
Executive Director & CFO
Sandhya brings over 23 years of experience in financial planning, control, capital raising, performance management and ERP implementation. Prior to Nine Rivers Capital, she was Partner at Lakshya Consulting and has worked with Tata Capital, ICICI Bank and Aditya Birla Finance. She is a qualified Chartered Accountant.

Vinay Khatu
President
Vinay has 30 years of transactional expertise across PE, domestic and international M&A, and corporate finance. He previously co-founded Cipher Capital and later founded Alpheas Advisors before integration into NRC. He holds an MBA from Symbiosis Institute of Business Management and is a Mechanical Engineer from Pune University.

Narayan Nimkar
VP – Operations & Compliance (Compliance Officer)
Narayan has over 32 years of experience in Indian capital markets, including 17 years on the buy side. He previously worked with ICICI Prudential and PGIM India mutual funds and handled operations at Cholamandalam Securities. He completed PGPMS from Welingkar’s Institute and a B.A. from Wilson College, Mumbai University.
Registration No
INP000004169
Fund Manager
Sandeep Daga
Compliance Officer
Mr.Narayan Nimkar
Principal Officer
Sandeep Daga
Inflow
₹0.00 Cr
Outflow
₹0.82 Cr
Net
₹-0.82 Cr
Not reported — complaint data for this strategy isn't available yet.
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Last updated: 1 May 2026
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