Elara Capital Plc’s journey in the global financial markets began in 2002 when Raj Bhatt and a clutch of finance professionals teamed up to set up a firm with an entrepreneurial DNA and a strong value system. The strategic intent was clearly to serve the growing needs of capital-hungry Indian companies and fulfill their quest to reach out to global markets. The beginning of Elara’s operations thus coincided with the upturn in the global economy and the recognition of emerging markets like India as a separate investment class by the international investor community.
After a decade in business now, Elara has emerged as one of the leading investment banks for Indian companies looking at overseas fund raising, and was ranked amongst the top investment banks in the Bloomberg league tables. Since the first deal in 2003, Elara has successfully completed over 60 fund raising assignments. Being sector agnostic Elara has helped raise money for companies from various sectors such as aviation, auto components, construction & infrastructure, hospitality, information technology, logistics, media, manufacturing, pharmaceuticals and industrials.
Starting with fund raising, Elara soon evolved into a full service investment bank. Elara has so far completed transactions worth billions of dollars and has expanded the scope of its services to include:
- M&A and Private Equity Advisory Practice: Strong demand from the existing clients was the key catalyst in setting up this practice. Since its start in early 2007 Elara has successfully closed numerous cross-border and India deals. Broad range of sectors includes Power Equipment, IT Services, Pharma, Entertainment and Financial Services. The team operates out of London, New York, Singapore, Dubai , Mumbai and Delhi.
- Broking Services: Elara is a registered trader authorized and regulated by the Financial Services Authority of UK, and is also a member of the London Stock Exchange and a market maker in London AIM market. It also has a very active depository receipts and convertible bonds trading desk and facilitates trading in depository receipts on a matched principal and agency basis.
- Asset Management: Elara provides global financial products and services across a broad range of asset classes through its various funds and bespoke investment solutions so as to meet the clients objectives. This unit serves various institutional investors like pension funds, sovereign funds, hedge funds, fund of funds and private banks. In addition, this unit also focuses on offering wealth management solutions to various Family Offices and High Networth Individuals.
Elara is authorized and regulated by the Financial Conduct Authority (FCA) in United Kingdom and registered as a Category A investment bank.