Consumer, FIG & Business Services

Investment Banking

Our Consumer, Financial Institutions Group (FIG) & Business Services vertical is focused on consumption oriented sectors, high-growth financial services sector and other business services segments.

The team has extensive experience in both mergers and acquisitions (M&A) and private equity (PE) transactions with specific experience of working with entrepreneurial firms.

We work in tandem with our Digital & Technology vertical to help our clients reap the benefits of digital disruption.

Sub-Sectors in Focus

Our mergers and acquisitions (M&A) advisory and private equity (PE) syndication services are recognized as amongst the best in these chosen sub-sectors.

  • Consumer goods & services and retail - FMCG, consumer durables, F&B products, restaurants and all retail formats
  • Financial services - banks, NBFCs, mortgage finance, microfinance companies, insurance companies
  • Logistics - third party logistics (3PL), multi-modal transportation and freight management
  • Media - publishing, cable & broadband, broadcasting and service providers to the media industry
  • Education -preschools, K-12, higher education and vocational training
  • Business services - facilities management, cash management and security services

Led By

Abha Agarwal

Executive Director and Co-head, Consumer, FIG & Business Services, Avendus Capital

Abha Agarwal co-heads the Consumer, Financial Institutions Group (FIG) & Business Services vertical for Avendus’s investment banking business and is based in Mumbai.

She joined Avendus in 2007 and has over 12 years of investment banking experience across sectors including financial services, consumer (food & beverages, education, fashion and lifestyle) and business services (logistics and payments). She has a wide experience across private equity (PE) fundraising, mergers and acquisitions (M&A) and structured solutions with a track record of closing 20 transactions, few of which were the most complex ones in the history of Avendus.

Prior to joining Avendus, she had a brief stint with Accenture Consulting.

Abha holds an MBA degree from S.P. Jain Institute of Management and Research, Mumbai and is also a Chartered Accountant.

Anshul Agarwal

Executive Director and Co-head, Consumer, FIG & Business Services, Avendus Capital

Anshul Agarwal co-heads the Consumer, Financial Institutions Group (FIG) & Business Services vertical for Avendus’s investment banking business and is based in Mumbai.

He has over 16 years of investment banking experience across sectors including financial services, consumer & business services, aviation and metals & mining sectors.

Prior to joining Avendus, he worked for over 13 years at Rothschild, India. At Rothschild, he was responsible for coverage and execution of financial services and aviation verticals. He has rich experience of working on multiple cross-border transactions in mergers and acquisitions (M&A), private equity (PE) syndication and Initial Public Offering (IPO) advisory. Anshul has spent some early years of his career working with Lazard’s investment banking team.

He holds an MBA degree from IIM, Calcutta and has done his Bachelor's in production engineering from Pantnagar University.

Transactions

May 2019

Value : Undisclosed

Avendus Future Leaders Fund makes its maiden investment in Bikaji Foods
Dec 2018

Value : USD 32 Million

Avendus Capital advises Sapphire Foods on its INR 225 crore fundraise led by Edelweiss Asset Management with participation from existing investor
Nov 2018

Value : USD 27 million

Avendus Capital advises Veritas Finance on its INR 200 crore fundraise led by Norwest Venture Partners with participation from existing investors
Investment Banking
June 2019

Investing in distress – A gold mine or land mine?

We are witnessing a once in a lifetime fire-sale of assets in India and what makes it exciting is that certain strategic assets can be acquired at a deep discount to its replacement value. Assets that have limited operational issues and are only financial distressed can make for a good acquisition.

Read Time: 6 minutes
Investment Banking
January 2019

How India's services sector is a perfect springboard for automation

Voice recognition software monitors quality of interaction between humans and the external world and has the ability to escalate matters and intervene in real time. Gone are the days where supervisors walked the aisles to troubleshoot.

Read Time: 4 minutes
Investment Banking
December 2018

How can the auto-component industry survive the new emission norms challenge?

The Indian automotive industry is quickly gearing up for a major technology transformation owing to escalating environmental issues.

Read Time: 4 minutes
Investment Banking
March 2019

AWS Cloud Services: Adding thunder to cloud computing industry

Technology industry is growing faster than global GDP with tech firms leading the list of most highly-valued companies in financial markets across the world. Cloud computing is one of the secular macroeconomic trends driving this USD 3.8 trillion industry.

Read Time: 4 minutes
Investment Banking
November 2018

The landscape for larger, big-ticket M&A transactions in India

M&A transactions in India crossed USD 100 billion in 2018, the highest in last decade. What are the factors driving the large M&A deals?

Read Time: 7 minutes
Investment Banking
January 2019

Five trends that could fuel M&A activity in India

Let us try to put a perspective on the corporate trends that have evolved in our country spanning three generations of entrepreneurs since independence. In the post-independence era, the first-generation entrepreneurs in India seized the opportunity to build, whichever way they could.

Read Time: 6 minutes
Investment Banking
November 2018

Digital lending – the next frontier for growth

In the financial year 2017-18, for the first time in history, personal loans constituted the highest share of bank loans. In fact, personal loans comprised about 96% of all new bank loans during FY18, with INR 2.34 trillion worth of disbursements in just the first 10 ½ months.

Read Time: 7 minutes
Investment Banking
May 2018

A taste of India’s renewable power: the storage slip between the cup and the lip

The renewable energy sector is poised for epochal changes, both in policy and implementation in the years to come.

Read Time: 4 minutes

Reports

Infrastructure & Real Assets

Digital & Technology

Get in touch

Connect with us on consumer@avendus.com and we’ll get in touch with you.