Bravia Capital has made two investments in India which could be part of a larger platform play where other investments could be made and bolted on to the platform.
Thotaka Tekhnologies Pvt. Ltd:
In January 2015, Bravia Capital acquired a significant minority stake in Thotaka Tekhnologies India Private Limited (“Thotaka”), a Hyderabad-based company that specializes in the technology development business. Founded in 2005 in Hyderabad, India, Thotaka provides end to end technology solutions including design, development, prototyping, testing, certification and manufacturing. Key segments that Thotaka services include Defense and homeland security, energy and smart grid, and Industrial automation and control. Key customers include Indian Army, Sharp, Valiant Communications, intel among others.
Rent Alpha Private Ltd:
In January 2016, Bravia Capital acquired a majority stake in Rent Alpha India Private Limited, a company headquartered in Mumbai, India and in the business of leasing of diversified equipment types across various industries (“Rent Alpha”). Rent Alpha is run by a group of highly experienced promoters who are pioneers in equipment leases in India, with experience in origination & structuring of equipment leases of more than USD 1.40 billion. Rent Alpha has over 125 leading Indian / multinational clients. It also manages and operates sales and vendor programs including Lenovo Financial Services and is the preferred partner for Agilent Technologies for their end customers in India. With equity capital coming in from Bravia Capital, Rent Alpha would be able to significantly expand its existing customer base as well as its book to become one of the large equipment leasing providers in the country.