SSthira Capital

About Us

Patient capital for India's next generation of industry leaders.

Founded by investors and operators with decades of experience in Indian private markets, we exist to help ambitious SMEs become enduring institutions.

SME manufacturing partners
Our Mission

To be the partner of choice for India's ambitious SMEs.

India's small and medium enterprises are the backbone of its economy — yet most grow without access to institutional capital or governance support. We bridge that gap.

We invest minority growth equity in profitable businesses, partnering with promoters to build professional management, robust governance and scalable operations, while protecting the entrepreneurial spirit that made them successful.

₹2,400 Cr
Committed capital
28
SME partnerships
11
Indian states
6–8 yrs
Holding horizon
Governance

Institutional governance, by design.

01

Independent Investment Committee

Every investment requires approval from an IC that includes an independent member with veto rights on conflicts.

02

SEBI-compliant structure

Registered Category II AIF with an independent trustee, custodian and statutory auditor.

03

Valuation independence

Portfolio valued semi-annually by an independent SEBI-registered valuer, in line with IPEV guidelines.

04

Aligned sponsor

The sponsor and team commit a minimum of 2.5% of each fund's corpus — well above regulatory minimums.

Investment Committee

Decisions taken with independence.

AM

Arvind Mehta

Founder & Managing Partner

Over 24 years in private equity and investment banking, including leading mid-market investments at a global PE firm. Chartered Accountant and IIM Ahmedabad alumnus.

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PR

Priya Raghavan

Managing Partner

Former head of SME banking at a leading private bank. Has structured over ₹6,000 Cr of growth capital for emerging Indian enterprises.

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KS

Karan Shah

Partner, Investments

Leads industrials and chemicals coverage. Previously in the principal investments team of a top Indian brokerage.

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SN

Justice (Retd.) S. Narayan

Independent IC Member

Retired High Court judge bringing independent judgement on governance, conflicts and related-party matters.

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MI

Meera Iyer

IC Member

Former CFO of a listed healthcare company, with deep expertise in capital allocation and listed-market readiness.

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