The development of infrastructure in India is as crucial to the growth of Indian economy as real estate is crucial to enhancing the social capital of an under-housed India. The government, as well as the private sector, are aware of its significance to the nation’s progress and of the pitfalls these two sectors with large capital requirements, long gestation periods and risky return of investments.
Infrastructure and Real Assets vertical focuses on businesses that hold the potential to demonstrate multi-fold growth and create a sustainable impact on India's infrastructure. The team has strong capabilities and experience in raising equity, debt and hybrid capital for high-growth companies, both at the company and at the project level.
We build long-term relationships with our clients by offering our services across the spectrum of mergers & acquisitions (M&A), private equity (PE) syndication and structured finance related products as may be required at different stages of the business lifecycle.
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.
- Energy (power) – conventional and renewable
- Transportation - roads, railways, ports, shipping & airports
- Logistics assets – CFS, ICD, PFT, multi-modal
- Power transmission and distribution
- Warehousing, logistics & industrial parks and SEZs
- Hotels, Commercial & Mixed Use Assets
- Engineering, Procurement and Construction (EPC)
- Waste and water management
- Oil and gas
- Mining and natural resources
- Telecom infrastructure & services
- Cable and Broadband
Led By
Prateek Jhawar
Managing Director and Head, Infrastructure & Real Assets, Avendus Capital
Prateek Jhawar joined Avendus in 2008 and heads the Infrastructure & Real Assets vertical of the investment banking business. With over 18 years of experience in investment banking and corporate finance, he specializes in private equity (PE) fundraising and mergers & acquisitions (M&A) transactions for clients across multiple sectors including, infrastructure, power, logistics, and real estate.
Based in Mumbai, he has been an integral part of the Avendus investment banking team for over a decade. As part of the core team, he was instrumental in establishing the structured finance and special situations advisory business. Later, he went on to set up the Infrastructure and Real Assets vertical, building a high calibre advisory team in the sector, which is well-regarded for its deep understanding of the space.
Prior to Avendus, he has worked with ICICI Bank, TATA Power, and Citibank in various roles in corporate finance and investment banking.
Prateek is a qualified Chartered Accountant, a CFA charter holder from CFA Institute, USA, and holds a Bachelor of Commerce degree from Mumbai University.
Transactions
Reports
Data Centres: Powering Digital India
India's data centres market is expected to lead the next wave of Real Assets investments by growing at a CAGR of ~40% - highest in the Real Assets space - to ~1,700 MW capacity by 2025, on the back of investments worth USD 5 billion during this period. Learn about the key drivers leading to the success of Data Centres in India while taking a deep dive into the return dynamics, investor interest and market landscape.
B2B Marketplaces: Revolutionizing the Indian B2B commerce supply chain
With less than 1% tech penetration, India’s B2B trade presents a USD 2 trillion+ opportunity that is yet to see meaningful disruption. According to our latest report, tech-enabled B2B marketplaces are expected to drive USD 125 billion+ commerce by 2027, growing at c.45% CAGR over the next 5 years. We bring you a deep dive into the B2B commerce value chain in India, including key players, success drivers and other defining trends that we expect to play out in the future.
MSME Lending: Unlocking potential, Realizing Dreams
There exists a whitespace in the form of a USD 120 Bn+ funding deficit in the small ticket MSME lending segment, providing the potential for a deal flow of c. USD 15 Bn over the next decade. As this segment enters a virtuous cycle, nimble, specialized NBFCs with differentiated business models have the right to win and the potential to generate 20% ROEs sustainably.
Energy transition and clean energy investment in India
Investment interest in the Indian energy transition sector swelled in 2022, despite the global economic slowdown. The sector is going to undergo a sea change over this decade with companies investing into several emerging businesses focused on decarbonisation. This presents an annual investment opportunity of over USD 25 billion.
Quality Assurance 3.0
Traditional software testing has a new avatar - Quality Assurance 3.0! Spurred by a growth in emerging technologies, evolving customer expectations, and rapid digital transformation, the USD 40 billion global Digital QA market is projected to grow to USD 70 billion by 2030. Winners are making huge crossovers to deliver the requirements of new-age customers, enabled by cutting-edge technologies and digital-native talent. Our report provides insights into critical elements which have been shaping the Quality Assurance industry.
Retail Health Insurance - A Large Whitespace
This segment has the potential to become a USD 25 billion market in the next five years. Our report aims to identify the key factors which make Health Insurance a highly attractive segment and delves into how Retail Health is expected to be a key growth driver within the overall insurance landscape.